2013 Ghana Investment Review May 2013
GG Agriculture www.ggagriculture.com 5/27/2013
1|Page
Growth Green Agriculture PLC is an agricultural investment company solely investing in agriculture and farmland in emerging markets such as the Ukraine and Ghana. By producing wheat, chia and other crops in a low cost environment and selling them on the world-wide market, we aim to provide our investors sustainable returns for distribution as annual dividends.
VP of Ghana says agriculture should be attractive to investors Vice-President Kwesi Amissah-Arthur says the government will promote the agricultural sector to make it attractive and profitable for Ghanaians and investors. "Agriculture should be seen as a business," he said, adding that the government continued to promote the sector to make it profitable for operators along the production chain. With the government's objective of attracting more participation in the agricultural sector, he said, a number of initiatives and incentives had been developed to motivate people and firms in the sector. Espousing the government’s vision for agriculture at the World Economic Forum on Africa in Cape Town, South Africa, the Vice-President said the agricultural sector remained critical for Ghana’s economic growth. In view of the strategic importance of the sector, he said, the government had taken various measures to facilitate its transformation. Vice-President Amissah-Arthur assured participants in the forum of the Ghana government's commitment to promote effective agric-business towards exploring the huge potential of the sector and urged investors to take advantage of the prospects. "Ghana is ready to do business with the world to unlock the potential of the agricultural sector," he emphasised. Read more: www.ghanaweb.com
2|Page
Ghana Farmers Quadruple Food Production Barring any unforseen developments, the Afram Plains will soon give full meaning to its accolade of Ghana's major food basket. A tour of the two farming districts of Kwahu Afram Plains North and Kwahu Afrarm Plains South depicted that farmers there are now able to cultivate four times bigger acreages than they did previously, and their output per acre has more than quadrupled, thanks to such simple-but-effective technologies as irrigation pumps, improved seeds and animal breeds. Read the full story: http://allafrica.com
Ghana Association of Farmers and Fishermen inaugurates new branch The Ghana National Association of Farmers and Fishermen inaugurated its new branch at Tsopoli in the Dangbe West District of the Greater Accra Region to strengthen its district structures. The new branch, as part of its mandate, is to register farmers and fishermen in the area to enable the National secretariat to conduct the needed assessment to address some of their challenges. Full story: www.ghanabusinessnews.com
700,000 farmers in Ghana to benefit from new crop technologies About 700,000 farmers in Ghana are to benefit from the introduction of improved new varieties of cereal and tuber crops developed by research scientists in the sub-region during the first phase of the West Africa Agricultural Productivity Programme (WAAPP).
3|Page
The Scientists developed 31 new technologies for the production of cassava, yam, coco yam, maize and other cereals, which when adopted for cultivation by the farmers would increase their yields by about 15 per cent. Further reading: www.ghanabusinessnews.com
New fertilizer depot under construction at Pankese A 6000 metric ton capacity fertilizer depot is being constructed by Sakant Enterprise Limited, a private Agro-chemical distributor in the country, at Pankese near Nkawkaw. The facility which is at the roofing stage is estimated to cost GH¢ 200,000 when completed. It is expected to contain 100,000 bags of fertilizers to be distributed to farmers in eight districts in the Akyem, Kwahu and the Afram-Plains areas. As part of measures to sustain productivity in Ghana, farmers will be educated on the appropriate application of the fertilizer to get the required yields. Read more: www.ghanabusinessnews.com
PFAG/SEND-Ghana Launch Agriculture Project A two-year project aimed at enhancing investment in agriculture extension services, towards the attainment of goals of the Comprehensive Africa Agriculture Development Programme in Ghana, was launched in Accra recently. The project, jointly launched by the Peasant Farmers Association of Ghana (PFAG) and SEND-Ghana, a nongovernmental organisation, is also to ensure the realisation of the goals of the Programme and the medium term agricultural sector investment plan. Source: www.ghana.gov.gh
4|Page
Invest in Ghana | GG Agriculture Growth Green Agriculture PLC strives to be socially responsible to all the environments in which it operates, to build strong, reliable relationships and to generate solid profit for shareholders through sustainable projects in agricultural investments. Green Crop Farming Ghana Limited has been retained as farming operator in Ghana ("Ghana Farming Operator") to cultivate, maintain, harvest, dry, transport and sell the crop. It was established in June 2012 and has commenced the farming of chia crops on its Ghana Farming Land. To learn more about opportunities to invest in Ghana, contact GG Agriculture:
GROWTH GREEN AGRICULTURE PLC 4th Floor 36 Spital Square London, E16DY United Kingdom London Telephone: 020 7247 8186 London Fax: 020 7377 9454 International Telephone: +44 20 7247 8186 International Fax: +44 20 7377 9454 Email: info@ggagriculture.com
GrowthGreenAgriculture PLC is registered in England and Wales, reg. no 7145886. Registered office: 4th Floor, 36 Spital Square, London, E1 6DY GrowthGreenAgriculture PLC is not regulated by the UK Financial Services Authority and is not authorised to give investment or tax advice to the public.
5|Page