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COCOBOD Celebrates 70th Anniversary- Makes Plans To Sustain Cocoa Economy

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President Nana Addo Dankwah Akufo-Addo speaking at the 70th anniversary celebration of the cocobod at the jubilee park in Kumasi has underlined the government’s unswerving determination to go the extra mile revamp the cocoa industry and raise production levels.

cocobod akufo addo

The event was held under the theme ”70 years on; mobilizing for a sustainable cocoa economy” coincided with the World Cocoa Day

As reported by peace FM online, the president said the government is working harder to push up the crop’s production by 50 per cent within the coming three years.

He added that, per-hectare yield was also going to be increased from the current 450 kilograms to 1,000 kilograms in the next 10 years.

The president assures farmers that the government have them at heart and will support their activities. He says they are eager to make sure that cocoa farming became more attractive and rewarding.

He used the occasion to underline the need for more local consumption of cocoa and said the benefits were enormous. For this reason he encouraged the youth to take advantage of the opportunities in the cocoa industry to make a living for themselves. He then again goes on to advice farmers to work harder and invest more for bigger returns.

cocobod cocoa farmers in Ghana

Read also: The UK Gives directive to freeze accounts of illegal immigrants

The president also address the issue of the sharp decline in the world price of crops. Though it is an unfortunate situation much is going to be done about it to maintain current producer price paid to them. He added that measures were also being taken to provide adequate cushioning for the Ghanaian farmer from any adverse international price of the commodity.

He announced that the Ministries of Agriculture, Education, Ghana Education Service and Cocobod, would come out with a feeding programme under which school children would be served cocoa drink at school and given a chocolate each day.

He spoke of the contribution of cocoa to the national economy and said everything should be done to sustain the growth of the sector.

By Rebecca Essilfie

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Agric

Stakeholders to Boost Agriculture in Northern Ghana

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agriculture in northern Ghana

The Stakeholders on the Northern Ghana Governance Activity (NGGA) project in the Bawku Municipality have met to streamline budget guidelines for agricultural development in the area.

This meeting follows the fact that most of the assembly budget plans normally do not favour the development of agriculture in the Bawku area.

These stakeholders that include assembly members, traditional rulers, women groups, youth groups into agriculture, Community Based Organizations (CBO), farmer groups and heads of the budget and planning departments of the assembly identified issues that would aid the restructuring of the budget to consider the development of agriculture in the area.

Read also: Agribusiness is becoming lucrative to young entrepreneurs

A project, which is being implemented by CARE International, SEND-Ghana, Action aid, and West Africa Network for Peace building (WANEP) and funded by the USAID, educated the participants on the need to rationalize the budget plans of the assemblies in order to favour the development of agricultural activities in the area.

It is evident that farming is one of the main sources of income to majority of the people in the area. As high as 60.8 percent of households in the Municipality are engaged in agriculture.

Read also: Ghana’s Cocobod Makes Plans to Sustain Cocoa Economy

Statistically five out of ten households representing 51.2 percent in the rural areas are agricultural households, while in the urban areas, 48.8 percent of households are into agriculture.

Also, about 54.6 percent of households in the Municipality are involved in livestock production such as poultry which is dominant in the district.

By Rebecca Essilfie

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Agribusiness is Becoming a Lucrative Business for Young Entrepreneurs

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agribusiness in Ghana and Africa

Africa Lead is USAID’s primary capacity building programme in sub-Saharan Africa and works towards the fulfillment of Feed the Future (FTF) goals of reduced hunger and poverty by building the capacity of African agric professionals, institutions, and stakeholders.

The 5-day short course, which is supported by USAID is also to close the unemployment gap and address employment demands of youth and women in the agriculture and agribusiness sectors.

Read also: Ghana’s Cocobod Makes Plans to Sustain Cocoa Economy

The Agribusiness and Entrepreneurship Development Course aims to develop the capacity of entrepreneurs in agribusiness identification, planning, and management in order to strengthen start-ups and expand existing entrepreneurs.

To this end, BEIGE Foundation and Africa Lead have signed a memorandum of understanding to promote entrepreneurship development for Ghanaian youth in the agric sector.

The CEO of the BEIGE group, Mike Nyinaku said this course will make agribusiness an attractive business venture for the young entrepreneurs.

Read also: Cassava farming in Ghana: the business in it

Also the West Africa Regional Director for Africa Lead, Carla Denizard said the main objective for collaborating with Beige Foundation is to develop individual capacity and strengthen organizational capacity by promoting entrepreneurship, business excellence, and youth development.

She advice that Africa has lots of natural resources and when utilized could feed the world. This is therefore a wake-up call to all young entrepreneurs to invest in this sector

However All indications by these institutions show their determination to develop the agriculture sector in Africa through technology and modernization to interest the young entrepreneurs in the agricultural businesses, in a post on myjoyonline.com

 

By Rebecca Essilfie

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Movelle Company Is Here To Serve – Alan Osei-Assibey

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Movelle Company

Movelle Company Limited is a leading import trading firm in Ghana that has contributed greatly to the country’s agricultural sector.

Movelle, since its inception over thirty (30) years ago has remained a local company that provides services to agribusinesses and food processing companies in Ghana and beyond.

Through its partnerships with some of the world’s top industries, such as Marubeni Europe, Movelle has acquired extensive capabilities in sourcing and trading commodities with opportunities at national, regional and global levels for a wide range of marine and agricultural wares.

An interview with the Finance and Business Development Director of Movelle Company, Mr. Allan Osei-Assibey in Accra revealed that the company has demonstrated a deep understanding of the African market with strong links in Togo, Burkina Faso, Niger, Benin and Nigeria to name a few.

“Movelle has maintained a leading position in the agribusiness sector especially in frozen food products in Ghana and across West Africa for many years, and has provided strategic leadership and directions to hundreds of traders and brokers operating at Tema and Takoradi harbours”, he explained.

He assured stakeholders of Movelle’s commitment to serve and support the Ghanaian economy for the benefit of all.

“As we continue to keep abreast with the industrial developments and adapt our strategies according to the dynamics of the market, we will constantly look for opportunities to expand our scope of products and services. The company is looking at expanding its operations in logistics and storage to support the food security needs for the benefit of the company, Ghana and the sub-region”. He added.

Mr. Osei-Assibey also discussed the company’s plan to increase its current distribution capabilities, diversify it’s range of products and include an export focused range. This he said would of great benefit to the foreign exchange needs of the nation and should be supported the government. He said “It’s important for government to demonstrate willingness promote exports by putting in place clear policy guidelines to stimulate the industry.”

The company also has capabilities in risk assessment and management, port operations, specialist transport and warehousing, gained from successfully completing numerous international trade transactions.

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