Tuesday, 28 May 2013

GG Agriculture - Invest in Ghana Country Profile


From Ghana’s total land area of 23.9 million hectares, about 57% is suitable for agricultural purposes. Agriculture contribution to GDP over the years has shown a steady reduction from 35.4% in 2006 to 34.3 in 2007 and to 33.59% in 2008.


The growth rate of the sector however doesn‘t show any clear trend. The growth rate reduced from 4.5% in 2006 to 4.3% in 2007 and increased to 5.17% in 2008.







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The total volume of processed products exported in 2008 was 14,840,535mt. Products exported during the year included cocoa paste, baby food, wheat floor, tomato paste, dried pepper, groundnut paste, maize flour, yam flour, coconut oil, gari, prepared coffee and dried, smoked and salted fish.
The country is classified into three main agriculture zones.

The forest vegetation zone consists of parts of Western, Eastern, Ashanti, Brong-Ahafo and Volta Regions. The northern savannah vegetation zone includes the Upper East, Upper West and Northern Region while the coastal savannah includes mainly the Central, Greater Accra and parts of Volta Region.

The northern savannah zone is the largest agriculture zone. Most of the nation’s supply of rice, millet, sorghum, yam, tomatoes, cattle, sheep, goat and cotton are grown in the region. In recent times, mango and ostrich commercial farms are also gaining footholds in the northern zone.

The coastal savannah is notable for rice, maize, cassava, vegetables, sugar cane, mangos and coconut, as well as livestock. Sweet potato and soybean crops are viable in this agro–ecological zone, under irrigation. The lower part of this zone is drained by River Volta. Together with other streams and lagoons, these water resources present opportunities for fish farming or aquaculture.

In the forest zone where rainfall is plentiful, cocoa, coffee, oil palm, cashew, and rubber are cultivated as is the majority of plantain, banana and citrus supplies crops. The major strengths of the sector include a diversity of commodities, well-endowed drainage basin, a well-established agricultural research system and a relative proximity to the European market.

Extract taken from an article that appeared in AgricinGhana.com

About GG Agriculture

Growth Green Agriculture / GG Agriculture: an agricultural investments company specialising in emerging markets and options to invest in Ghana.

To find out more about investment opportunities in Ghana please visit http://www.ggagriculture.com/landing/investing-in-africa/


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