Amid efforts to revitalize Ghana’s struggling cocoa sector, the government is partnering with private investors to cultivate over 10,000 hectares of cocoa farmland, Minister for Food and Agriculture Dr. Eric Opoku has announced.
The initiative, set to launch under the Feed Ghana Project on April 11, aims to increase production, enhance value addition, and strengthen Ghana’s position in the global cocoa market. Investors are expected to not only grow cocoa but also establish processing plants, ensuring that more of Ghana’s cocoa is processed locally before export.
The cocoa industry, a pillar of Ghana’s economy, has faced six consecutive quarters of decline, including a -21.4% contraction in Q4 2024. Previous quarters saw even steeper contractions of -26%, highlighting an urgent need for intervention.
Beyond cocoa, the government is also focusing on agricultural expansion, including linking tomato farmers with processing factories in Tema to secure ready markets and prevent post-harvest losses.
With this strategic public-private collaboration, the government hopes to restore growth, create jobs, and attract fresh investments to the agricultural sector, ensuring long-term sustainability and competitiveness in global markets.
