Ghana investment review May 2013 | GG Agriculture


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Monthly round-up of news stories about agricultural investment in Ghana, brought to you by GG Agriculture

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Ghana investment review May 2013 | GG Agriculture

  1. 1. 1 | P a g e2013GG Agriculturewww.ggagriculture.com5/27/2013Ghana Investment ReviewMay 2013
  2. 2. 2 | P a g eGrowth Green Agriculture PLC is an agriculturalinvestment company solely investing in agriculture andfarmland in emerging markets such as the Ukraine andGhana. By producing wheat, chia and other crops in a lowcost environment and selling them on the world-widemarket, we aim to provide our investors sustainablereturns for distribution as annual dividends.VP of Ghana says agriculture should beattractive to investorsVice-President Kwesi Amissah-Arthur says the government will promote theagricultural sector to make it attractiveand profitable for Ghanaians andinvestors."Agriculture should be seen as abusiness," he said, adding that thegovernment continued to promote thesector to make it profitable for operatorsalong the production chain.With the governments objective ofattracting more participation in theagricultural sector, he said, a number ofinitiatives and incentives had been developed to motivate people and firms in thesector. Espousing the government’s vision for agriculture at the World EconomicForum on Africa in Cape Town, South Africa, the Vice-President said the agriculturalsector remained critical for Ghana’s economic growth.In view of the strategic importance of the sector, he said, the government had takenvarious measures to facilitate its transformation. Vice-President Amissah-Arthurassured participants in the forum of the Ghana governments commitment to promoteeffective agric-business towards exploring the huge potential of the sector and urgedinvestors to take advantage of the prospects."Ghana is ready to do business with the world to unlock the potential of theagricultural sector," he emphasised.Read more:
  3. 3. 3 | P a g eGhana Farmers Quadruple FoodProductionBarring any unforseen developments, the Afram Plains will soon give full meaning toits accolade of Ghanas major food basket.A tour of the two farming districts of Kwahu Afram Plains North and Kwahu AfrarmPlains South depicted that farmers there are now able to cultivate four times biggeracreages than they did previously, and their output per acre has more thanquadrupled, thanks to such simple-but-effective technologies as irrigation pumps,improved seeds and animal breeds.Read the full story: http://allafrica.comGhana Association of Farmers andFishermen inaugurates new branchThe Ghana National Association of Farmers and Fishermen inaugurated its new branchat Tsopoli in the Dangbe West District of theGreater Accra Region to strengthen itsdistrict structures.The new branch, as part of its mandate, isto register farmers and fishermen in thearea to enable the National secretariat toconduct the needed assessment to addresssome of their challenges.Full story: www.ghanabusinessnews.com700,000 farmers in Ghana to benefitfrom new crop technologiesAbout 700,000 farmers in Ghana are to benefit from the introduction of improved newvarieties of cereal and tuber crops developed by research scientists in the sub-regionduring the first phase of the West Africa Agricultural Productivity Programme(WAAPP).
  4. 4. 4 | P a g eThe Scientists developed 31 new technologies for the production of cassava, yam, cocoyam, maize and other cereals, which when adopted for cultivation by the farmerswould increase their yields by about 15 per cent.Further reading: www.ghanabusinessnews.comNew fertilizer depot under constructionat PankeseA 6000 metric ton capacity fertilizer depot is being constructed by Sakant EnterpriseLimited, a private Agro-chemical distributor in the country, at Pankese near Nkawkaw.The facility which is at the roofing stage is estimated to cost GH¢ 200,000 whencompleted. It is expected to contain 100,000 bags of fertilizers to be distributed tofarmers in eight districts in the Akyem, Kwahu and the Afram-Plains areas.As part of measures to sustain productivity in Ghana, farmers will be educated on theappropriate application of the fertilizer to get the required yields.Read more: www.ghanabusinessnews.comPFAG/SEND-Ghana Launch AgricultureProjectA two-year project aimed at enhancinginvestment in agriculture extensionservices, towards the attainment ofgoals of the Comprehensive AfricaAgriculture Development Programmein Ghana, was launched in Accrarecently.The project, jointly launched by thePeasant Farmers Association of Ghana(PFAG) and SEND-Ghana, a non-governmental organisation, is also to ensure the realisation of the goals of theProgramme and the medium term agricultural sector investment plan.Source:
  5. 5. 5 | P a g eInvest in Ghana | GG AgricultureGrowth Green Agriculture PLC strives to be socially responsible to all theenvironments in which it operates, to build strong, reliable relationships and togenerate solid profit for shareholders through sustainable projects in agriculturalinvestments.Green Crop Farming Ghana Limited has been retained as farming operator inGhana ("Ghana Farming Operator") to cultivate, maintain, harvest, dry,transport and sell the crop. It was established in June 2012 and hascommenced the farming of chia crops on its Ghana Farming Land.To learn more about opportunities to invest in Ghana, contact GG Agriculture:GROWTH GREEN AGRICULTURE PLC4th Floor36 Spital SquareLondon, E16DYUnited KingdomLondon Telephone: 020 7247 8186London Fax: 020 7377 9454International Telephone: +44 20 7247 8186International Fax: +44 20 7377 9454Email: info@ggagriculture.comGrowthGreenAgriculture PLC is registered in England and Wales, reg. no 7145886. Registered office: 4th Floor,36 Spital Square, London, E1 6DY GrowthGreenAgriculture PLC is not regulated by the UK Financial ServicesAuthority and is not authorised to give investment or tax advice to the public.