• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business

Ghana to benefit from UK’s investment in West Africa’s agriculture sector

3 years ago
in Business, Economy, Features, highlights, Home, home-news, latest News, Markets, Trade
2 min read
0 0
0
39
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Ghana to benefit from UK’s investment in West Africa’s agriculture sector  

Ghana is to benefit from United Kingdom’s investment in West Africa’s agriculture sector through increased trade and jobs. 

 A statement issued by the British High Commission and copied to the Ghana News Agency on Thursday said the COVID-19 and Russia’s invasion of Ukraine had exacerbated the challenges of energy, finance, and food security. 

It said the UK, Ghana, ECOWAS and other partners were working together to ensure that Ghana produced more rice, facilitated trade, and reduced costs on the consumer. 

Through the Africa Food Trade and Resilience programme, the UK Government, alongside strategic partners, was investing £450,000 to establish the ‘ECOWAS Rice Observatory’ (ERO) and its national chapter, known as the ‘Ghana Competitive Africa Rice Platform (CARP).’  

The statement said this new public-private sector platform would identify and spur reforms to increase investment into the ECOWAS rice value-chain.   

This support for Ghana and other ECOWAS countries would reduce the £2.6 billion annual cost of importing rice to West Africa and potentially create more than 385,000 new jobs in the rice value-chain across West Africa. 

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

Harriet Thompson, the British high commissioner to Ghana, said: “The numbers speak for themselves: there is so much potential for growing the rice sector here in Ghana and across West Africa”.  

“The ECOWAS Rice Observatory will support the growth of the rice industry and increase trade and investment opportunities in the market.”  

“At a time when many countries around the world are facing food insecurity as a result of Russia’s illegal war in Ukraine, I am confident this project will strengthen the food system here in Ghana and across the region, now and in the future.” 

The ERO provides a platform for rice stakeholders to understand patterns of demand and production, seize trade, investment and reform opportunities, understand the impacts of climate change, and work towards resilient food security. 

The UK was also working with international partners to secure finance to respond to the global food crisis, which had been driven by climate change, and COVID-19.  

It noted that Russia’s invasion of Ukraine was exacerbating existing economic fragility and food insecurity.  

In October, Thompson visited AgDevCo’s Babator Irrigated Farming Hub in the Savannah Region, which engaged 764,000 small-scale farmers and sustaining 15,600 jobs across the continent. 

AgDevCo was a key investor in African agriculture, backed by UK Government investment. 

The statement said earlier this year, AgDevCo sold Ghana’s biggest operational irrigated farmland to regional multi-national company, Oba Pack, having spent many years developing the site. 

Source: GNA
Tags: Ghana to benefit from UK’s investment in West Africa’s agriculture sector
No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.