The government of President Nana Akufo-Addo assumed power on a promise to take “Ghana Beyond Aid”, and is pushing ahead with initiatives to formalise the economy, diversify its manufacturing base and overhaul its taxation structure. Ghana’s ability to retain fiscal discipline will be tested, with election-related expenditure expected to increase in the run-up to the 2020 poll.
Against a backdrop of increasingly severe and financially straining climate events and natural disasters, technology is poised to play an important role in maintaining and improving global agricultural output. The adoption of digital and precision farming practices has been shown to improve crop resiliency, and boost productivity and incomes,...
Ghana’s agricultural sector is dominated by small-scale farmers, who make up 80% of the farming population. The reliance on smallholders presents challenges for food distribution because crop output is geographically dispersed across the country’s different ecological zones and results in high levels of post-harvest loss as food is transported...
Rice is one of the major food staples consumed in Ghana, but one in which the country is food insecure, with consumption outstripping domestic production and 66% of rice consumed being imported. The economic costs of relying on imported rice are high and rising. Between 2007 and 2015 the amount spent on imported rice rose from $151m to $1.2bn...
The Ghanaian agriculture sector experienced consistent growth between 2014 and 2018. According to the Ghana Statistical Service (GSS), agriculture grew by 5.5% year-on-year in the third quarter of 2018, outpacing general non-oil GDP growth the same year. Budget figures show agriculture grew by 6.1% in 2017, more than double the 2.9% in 2016,...
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