Alongside tourism and financial services, agro-industry is an area that holds significant potential for diversification and growth in Trinidad and Tobago’s economy. With a rich tradition of agricultural production and a climate that facilitates the cultivation of a number of cocoa hybrids, the sector has long been earmarked as a potential driver of growth. Furthermore, both...
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Articles & Analysis | Agricultural exports medicinal cannabis and chocolate source of foreign exchange for Trinidad and Tobago from The Report: Trinidad & Tobago 2020
Chapter | Agriculture from The Report: Trinidad & Tobago 2020
Agriculture still lags behind other sectors and continues to be overshadowed by the energy-driven economy. However, strides have been taken in the areas of training and farm development. The dip in energy prices leading to the 2015 recession emphasised that economic diversification is paramount to the stability of the Trinidad and Tobago economy. Moreover, the high produce import bill needed...
Trinidad and Tobago is the largest producer of oil and gas in the Caribbean. While there is a need to diversify the economy away from its dependence on hydrocarbons, a number of new discoveries in late 2019 appear set to support a short-term recovery in the energy sector and lend financing to the wider economy.
Interviews & Viewpoints | Kadri Alfah, CEO, Ghana Commodity Exchange (GCX): Interview from The Report: Ghana 2020
Articles & Analysis | Crops beyond cocoa trees offer revenue and diversification for Ghana's agriculture sector from The Report: Ghana 2020
While cocoa remains the dominant source of agricultural export earnings, a number of other tree crops, including cashew, coffee, coconut, oil palm, mango, rubber and shea nut, have seen promising harvests over the past few years. In an effort to capitalise on this potential to diversify revenue, the administration of President Nana Akufo-Addo...
