Enhancing agricultural diversification in Ghana: How cashew and soybean can boost commodities exports

게시됨 2024년 9월 13일

Tridge 요약

Ghana's economy, traditionally reliant on commodities like cocoa and gold, is seeing promising growth in cashew and soybean sectors. Despite challenges like limited value addition and infrastructure issues, cashew and soybean production is rising, with significant export potential. Strategic government interventions, such as regulations and support for local processing, are crucial for maximizing these sectors' benefits. Learning from successful models in Vietnam, India, and the Netherlands, Ghana can enhance its agricultural exports, create jobs, and reduce dependency on traditional commodities.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Ghana is famously known for commodities such as cocoa, gold, and shea. These commodities have proven to be important earners for our economy. For example, according to the Bank of Ghana, exports of cocoa beans and products amounted to US$2.29 billion in 2022. Thankfully, other commodities like cashew and soybean have gained ground and hold significant potential to further boost the country’s economy, diversify our export base and improve the livelihoods of local producers. Statistics from the Ghana Export Promotion Authority indicate that earnings from Non-Traditional Exports (NTEs) increased from US$2.84 in 2020 to US$3.33 billion in 2021. Cashew nuts constitute one of the top ten NTEs. This proves that agricultural produce such as cashew and soybean have the potential to generate foreign exchange for Ghana. However, to fully realize this potential, policy amendments and strategic government interventions will have to be put in place. Commodities are generally raw materials; ...

출처: Thebftonline