Ghana: Prioritize access to finance for youth in cocoa production

Published 2021년 5월 25일

Tridge summary

Isaac Kwadwo Gyamfi, the Regional Director of Solidaridad West Africa, has urged financial institutions to provide financing for young people interested in cocoa production but lack the necessary funds. He also urged landowners to provide land for youth to engage in agriculture. The call was made during the conclusion of the Solidaridad Next Generation Cocoa Youth Programme (MASO) in the Ho West District of the Volta Region, Ghana. The five-year programme, funded by the Mastercard Foundation and implemented by six consortium members, aimed to provide viable career options for the youth in cocoa-growing communities in Ghana, with over 13,000 young people enrolled and over 4,100 establishing cocoa farms.
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Original content

Isaac Kwadwo Gyamfi, Regional Director of Solidaridad West Africa, has called on financial institutions to prioritise access to finance for the youth with interest in cocoa production but lacked the financial muscle to succeed. He said most youth with skills in cocoa production were not able to undertake the business due to lack of funds, therefore making capital resources available would encourage them to venture into the cocoa business. Mr Gyamfi said this in an address read on his behalf at a community engagement at Dzolokpuita, a farming community in the Ho West District of the Volta Region as part of activities to end the Solidaridad Next Generation Cocoa Youth Programme, also known as MASO. The Director also implored landowners to make land available to the youth to go into agriculture to generate income to support themselves and help accelerate the growth of the country. Mr Gyamfi said the programme demonstrated the business case for cocoa farming and related ...
Source: Ghanaweb

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