With prices on stronger ground in global markets, mining companies are starting to display renewed interest in gold mining. In Ghana, this precious metal represents more than 80% of mining activities, and an uptick in gold prices has led to flurry of activity, with companies signing agreements, initiating production and seeking land for...
Following a lengthy process that included various stakeholder consultations and independent reviews, Ghana adopted a Minerals and Mining Policy in February 2016. The policy provides a comprehensive framework for sector governance, seeking to ensure it works as a catalyst for economic growth and contributes to sustainable development.
Cocoa has long been one of Ghana’s primary exports and is an important source of livelihood in rural communities. Ghana produces, on average, 800,000 tonnes of cocoa annually and with an average output of around 1.8m tonnes per year, is the world’s second-largest exporter after Côte d’Ivoire. In 2014 Ghana’s exports amounted to $10.2bn, of...
According to Ghana’s Ministry of Food and Agriculture, rice consumption in Ghana has steadily increased over the last two decades, joining cassava and yams as one of Ghana’s three most-consumed commodities. Between 1999 and 2008, rice consumption grew from 17.5 kg to 38 kg per capita and is expected to reach 63 kg per capita by 2018. With...
Agriculture is fundamental to Ghana’s economy and employs almost 50% of the population. Although its share of GDP has decreased in recent years, it continues to be vital to the country’s growth. The government is focused on increasing the production of non-traditional products, expanding processing capacity, and attracting private investment...
Access to capital is critical for agri-business and enables small-scale enterprises to invest in expanding production. Most of Ghana’s agricultural sector is composed of small or subsistence farms in rural areas, making it difficult to secure collateral or even travel to visit a credit provider. It can also be challenging for farmers to...
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