Ghana Agriculture Articles & Analysis

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Cocoa production in Ghana is expected to receive a fillip in the current crop season with a substantial price hike for farmers and a new funding deal likely to encourage growth at a time when the global climate for cocoa remains uncertain and Ghana's output has dropped.

Chapter | Agriculture from The Report: Ghana 2014

As the foundation of Ghana’s economy, agriculture employs more than half of the population and is a key focus for the country’s inclusive economic development agenda. Ghana has 13.6m ha of agricultural land, and cocoa and maize account for the largest areas planted, with 1.6m ha and 1m ha, respectively. Yet as the industrial and services sectors have strengthened in recent years, agriculture’s...

Ghana has developed a reputation as a robust and stable democracy, and with a storied legacy of pan-African initiatives it has long punched above its weight diplomatically. While the recent oil boom following the discovery of the offshore Jubilee field in 2007 has helped to fuel GDP growth as much as 14% over recent years, it is now projected to slow to a more modest 4.5% in 2014.

As one of Ghana’s main sources of export revenue and employment, cocoa is of critical importance to the economy. Production is expected to be relatively stable for the 2013/14 season, while rising prices worldwide should lead to revenue growth.

What are the biggest challenges to vertical integration in Africa’s agricultural sector?

Often referred to as the backbone of Ghana’s economy, agriculture has traditionally been the largest sector and biggest employer in the country, bolstered by diverse commodities and strong ties to European markets. However, agriculture’s economic contribution has dwindled as the sector has shown low growth in recent years, with its contribution to...