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Ghana projected to earn substantial revenue annually from six tree crops, according to TCDA

Ghana
Published Aug 14, 2021

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The acting Chief Executive of the Tree Crop Development Authority, William Quaitoo, has estimated that Ghana has the potential to earn US$2 billion worth of revenue annually from six identified tree crops over the next 10 years.

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•Six tree crops have the potential to rake in foreign exchange earnings for Ghana •They are; cashew, shea, mango, oil palm, coconut and rubber •Cocoa alone brings in US$2 billion worth of revenue The tree crops are, cashew, shea, mango, oil palm, coconut and rubber, all have the potential to generate substantial revenue in foreign exchange earnings. In an interaction with Joy Business at a workshop organised by the Authority, William Quaitoo pointed “Cocoa brings in about US$2 billion annually and President Nana Addo Dankwa Akufo-Addo has charged TCDA to develop the sectors to earn same if not more in 10 years due to huge demand on the international market”. Meanwhile, the TDCA and its partners are currently looking at a number of technical proposals from key stakeholders in the cash crop value chain as part of efforts to regulate the sector. Quaitoo told journalists the proposed technical regulation will first head to Cabinet and then later on to ...
Source: Ghanaweb
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