$200M tree crop diversification project launched to boost Agriculture in Ghana

17.11.2024 485 views

The Minister of Food and Agriculture, Dr. Bryan Acheampong, has assured Ghanaians that there will be no food shortages in the coming months.

Speaking at the launch of the government’s $200 million Tree Crop Diversification Project in Accra, he expressed confidence that food prices would remain stable, particularly ahead of the festive season.

This assurance comes as the cost of food in Ghana rose by 22.8% in October 2024 compared to the same period in 2023, according to the Ghana Statistical Service. Food inflation in Ghana has averaged 14.99% since 2013, with a peak of 61.0% in January 2023 and a record low of 5.0% in July 2014.

The Ghana Tree Crop Diversification Project, launched in partnership with the World Bank, aims to address challenges in the country’s food supply system by promoting the production, processing, and trading of six high-value tree crops: cashew, shea, mango, coconut, rubber, and oil palm.

According to the Ministry of Food and Agriculture, the project is expected to directly benefit 52,775 farmers and households, with a focus on cocoa, cashew, coconut, and rubber farmers. Additionally, 185 small and medium-sized enterprises (SMEs) engaged in processing these crops will also gain from the initiative.

Dr. Acheampong highlighted the tree crop sector’s critical role in agriculture and the economy, providing income for over 1.6 million farming households. The initiative is projected to create 20,000 jobs, with 60% targeting youth employment.

Under the theme “Sowing the Seeds of the Future: Unlocking Ghana’s Tree Crop Potential for Inclusive and Sustainable Transformation,” the project seeks to address key challenges such as deforestation, climate change, and other environmental threats that jeopardize the country’s agricultural sustainability.

In addition to diversification, the government is focusing on modernizing the cocoa sector. The Cocoa Board (COCOBOD) is currently implementing its second Cocoa Sector Development Strategy (CSDS-II), spanning 2017 to 2027.

“This strategy addresses past shortcomings, including ineffective management of the Cocoa Swollen Shoot Virus Disease (CSSVD) and the lack of robust information systems,” Dr. Acheampong noted.

Key interventions under CSDS-II include: enhancing productivity and efficiency, driving innovation and quality management, improving traceability and certification and economic benefits.

Dr. Acheampong emphasized the significant opportunities offered by the tree crop sector for economic diversification, job creation, poverty reduction, foreign exchange earnings, and gross domestic product (GDP) contribution.

Despite Ghana’s ample arable land for cocoa production, the minister acknowledged the growing threats posed by deforestation and climate change. He warned that if these trends persist, many cocoa-farming households could face economic hardships, and the country’s foreign exchange revenues could decline.

The Tree Crop Diversification Project marks a critical step toward ensuring inclusive and sustainable transformation of Ghana’s agricultural landscape while bolstering food security and economic resilience.

 

Source - https://3news.com

16.04.2026

USA - Forecast Performance of RMA Expected Yields: Comparison of Yield Projection Methods

Building upon the analyses discussed in the Farmdoc Daily articles of Jan. 27, 2026 and April 1, 2026, this study finds that the current method used by USDA’s Risk Management Agency (RMA) provided the least accurate projection of actual RMA county yields across the five crops and four projection methods examined in this study. 

16.04.2026

Philippines - DAR orients agrarian beneficiaries on crop insurance

The Department of Agrarian Reform (DAR) facilitated an orientation workshop for the agrarian reform beneficiary organizations (ARBOs) from the provinces of Surigao del Norte and Dinagat Islands to strengthen their access to crop insurance and equip them to become authorized underwriters of the Philippine Crop Insurance Corporation (PCIC). 

16.04.2026

Estonia - AgriFi Brings Agricultural Real-World Assets On-Chain with $AGF on Polygon

Agriculture remains one of the largest and most complex industries in the global economy, contributing over $3 trillion annually to global GDP and supporting the livelihoods of billions of people worldwide, according to data from the Food and Agriculture Organization and World Bank.

16.04.2026

USA - Aid Available for Nebraska Wildfire Victims

Just over one month ago, Nebraska experienced the worst series of wildfires in history, burning nearly 950,000 acres. Since then, assistance for farmers and ranchers affected has been rolling in.

16.04.2026

Thailand - Storm batters Si Sa Ket durian orchards, losses hit B39m

A summer storm caused extensive damage to durian plantations in Kantharalak district, toppling hundreds of trees and wiping out tonnes of Thailand’s economic crop just days before harvest, local officials said on Thursday.Following the storm, district chief Somkuan Singkham ordered an urgent survey in tambon Phu Ngern, where strong winds and thunderstorms hit five villages, damaging durian orchards belonging to 110 farmers.The affected fruit is a geographical indication (GI) product known as “Sisaket Volcanic Area Durian,” grown in Khun Han, Kantharalak and Si Rattana districts. Popular varieties include Monthong, Chanee and Kanyao, prized for their creamy texture, mild aroma and relatively dry flesh.

16.04.2026

Cropshader approved for organic farming in Europe

Cropshader, developed by Lumiforte, has been verified as suitable for use in organic farming under the control of Ecocert in Europe. The product complies with the requirements for inputs used in organic production in accordance with applicable European regulations.

15.04.2026

USA - Federal aid programs aim to help Southeast Texas farmers recover from losses

Southeast Texas farmers grappling with crop losses due to extreme weather are turning to federal aid.

15.04.2026

India - Landowners waive lease payments after crop damage

Farmers with large landholdings are doing their part to ease the burden on small and marginal farmers whose crops were damaged by the April 4 storm.