For many countries across Africa, agriculture remains one of the most important sectors of the economy. Agriculture accounts for 14% of total GDP in sub-Saharan Africa, and a majority of the continent’s population is employed in the sector.
Ghana Agriculture
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Economic update | Video: Agriculture in Africa 2021
14 Apr 2021
This Growth & Recovery Video highlights the important aspects of the recently launched Agriculture in Africa 2021: Focus Report, published in partnership with OCP Group
Economic update | Ghana to launch funding scheme to protect cocoa industry from plant disease
2 Mar 2018
The Ghana Cocoa Board (COCOBOD) has outlined plans to sell bills and notes to fund a nationwide cocoa-replanting programme, in an effort to boost yields following an outbreak of disease.
Although Ghana’s cocoa production fell short of industry forecasts for the 2015/16 growing season, increased investment in seed development programmes and infrastructure upgrades should improve output over the coming years.
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.
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.