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Home Business Agribusiness

National Farmers’ Day: Chamber of Agribusiness Ghana Proposes Strategic Roadmap to Revitalize Agricultural Sector

9 months ago
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National Farmers’ Day: Chamber of Agribusiness Ghana Proposes Strategic Roadmap to Revitalize Agricultural Sector

The Chamber of Agribusiness Ghana (CAG) has unveiled a series of short, medium, and long-term strategies aimed at revitalizing the country’s struggling agricultural sector.

In a statement marking National Farmers’ Day on November 8, 2024, CAG underscored the urgent need for comprehensive reforms to address systemic challenges and enhance agricultural productivity and sustainability.

Short-Term Initiatives (2024-2026)

For immediate impact, the Chamber proposes a series of initiatives designed to boost farmer support and infrastructure over the next two years.

Key actions include implementing a National Farmer Registration and Database System, establishing a National Agricultural Insurance Program, and enhancing financial accessibility through subsidized credit facilities.

The plan also emphasizes upgrading extension services with digital tools to improve farmer efficiency and launching a skills development program to address skill gaps across the sector.

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Medium-Term Goals (2027-2030)

Looking to a broader transformation, CAG’s medium-term strategies focus on establishing structural and policy-driven foundations.

Among the proposed measures is the development of a Comprehensive Agricultural Policy and the establishment of a National Agricultural Research and Development Institute to drive innovation.

The Chamber also advocates for public-private partnerships to bolster investments in agriculture, as well as implementing a National Irrigation Policy to address water management.

A National Agricultural Marketing Authority is also proposed to streamline market access for farmers.

Long-Term Vision (2031-2040)

The Chamber’s long-term vision targets deep-rooted sector transformation, including the creation of a National Agricultural University and the establishment of a National Agricultural Innovation Fund.

These initiatives aim to promote agro-industrialization, enhance value addition, and foster climate-resilient farming practices.

Challenges Facing Ghana’s Agricultural Sector

The Chamber’s statement highlighted numerous barriers hindering agricultural growth, such as limited access to finance, markets, and modern technology.

Additionally, with an aging farmer population—averaging 55 years—the sector’s sustainability faces a critical threat.

Other challenges include low productivity due to outdated practices and a lack of skills development, as reflected in Ghana’s recent low ranking on the World Bank’s Business Ready Profile.

Honoring Ghana’s Farmers

Recognizing the dedication of farmers nationwide, the Chamber expressed deep appreciation, saying: “Your hard work and resilience inspire us. We recognize the vital role you play in feeding our nation. We will continue to advocate for policies that support your well-being and success.”

As Ghana celebrates National Farmers’ Day, the Chamber’s call for commitment to these reforms aims to foster a food-secure future and stimulate rural economic growth through a transformed agricultural landscape.

Tags: agricultural sectorChamber of Agribusiness GhanaNational Farmers DayNational Farmers' Day: Chamber of Agribusiness Ghana Proposes Strategic Roadmap to Revitalize Agricultural Sector

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