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[SITUATION] · [QUIET] · [BUSINESS]
2 clusters · 4 sources · 2 days · First seen · Last updated
Ghana oil palm industry expansion
Overview
Ghana has initiated a major expansion of its oil palm industry, aiming to develop 100,000 hectares of new plantations to supplement the 360,000 hectares currently under cultivation. The initiative seeks to achieve palm oil self-sufficiency, reduce reliance on imports, and mitigate the loss of foreign exchange and domestic jobs.
To support this revitalization, the Tree Crops Development Authority (TCDA) has begun distributing agricultural inputs nationwide, including seedlings, spraying machines, insecticides, and protective gear. The TCDA, which regulates six strategic crops including cashew, coconut, and rubber, is emphasizing climate-smart farming and the development of competitive value chains to support the approximately 1.6 million households involved in the sector.
Entities
Tree Crops Development Authority · Ghana · Andy Osei Okrah · Eric Opoku
Timeline
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15 days ago
[BUSINESS] 2 sourcesGhana's TCDA targets palm oil self-sufficiency and crop yieldsGhana’s Tree Crops Development Authority is targeting palm oil self-sufficiency through plantation expansion and the nationwide distribution of agricultural inputs to boost productivity.
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16 days ago
[BUSINESS] 2 sourcesGhana targets 100,000 hectares for oil palm expansionGhana aims to develop 100,000 hectares of new oil palm plantations to increase domestic production, create jobs, and reduce dependence on imports.
Sources
gbcghanaonline.com · ghanaguardian.com · myjoyonline.com · thechronicle.com.gh