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. Yet as the industrial and services sectors have strengthened in recent years, agriculture’s contribution to overall GDP has steadily declined, falling from 32% in 2009 to 22% in 2013. The government’s...
Africa Agriculture
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Articles & Analysis | A state-backed modernisation drive has the potential to reinvigorate a key sector from The Report: Ghana 2014
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.
Articles & Analysis | Spurring the development of downstream timber processing from The Report: Gabon 2014
Developing the downstream timber industry is a central element of Gabon’s strategy to achieve economic diversification and long-term growth through domestic processing of its natural resources. With 85% of the country under tropical forest cover, the timber sector benefits from an extensive raw materials supply. It is also a major employer, and absorbs more of the...
Articles & Analysis | Comparative advantages: New sector policies to enhance investment and output from The Report: Gabon 2014
The ratification of the Comprehensive Africa Agriculture Development Programme (Programme Détaillé pour le Développement Agricole en Afrique, PDDAA) by Gabon in May 2013 is a step towards increasing output in one of the government’s priority sectors. Introduced in 2003 by the New Partnership for Africa’s Development, the PDDAA is an African...