Public Agenda NewsPaperPublic Agenda NewsPaper
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Font ResizerAa
Public Agenda NewsPaperPublic Agenda NewsPaper
Font ResizerAa
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Search
  • General News
  • Politics
  • Business
  • Health
  • Development Agenda
  • World News
  • Features & Opinions
  • Election watch
  • Editorial
Follow US
Breaking NewsBusiness

Africa imports $35 billion worth of food annually …Despite holding 60 percent of the world’s arable land

Latifa Carlos
Last updated: August 29, 2018 12:40 pm
Latifa Carlos
Share
4 Min Read
Ken Ofori-Atta, Finance Minister
Ken Ofori-Atta, Finance Minister
SHARE

Africa holds 60 percent of the world’s arable land and yet, imports $35 billion worth of food annually.

Ghana on the other hand, imports some $2.4 million of food annually.

Mr. Ken Ofori-Atta, Minister of Finance, quoting the AFDB Group President, said this when he commissioned the Multi-Purpose building of the West Africa Centre for Crop Improvement(WACCI) of the University of Ghana-Legon.

More Read

Ghana can unlock major domestic resources through Structured Philanthropy
Global funding cuts devastating HIV prevention programmes says UNAIDS
Majority: 10% Lithium royalty deal violated mining law
Supreme Court directs Wesley Girls SHS to respond to Muslim Rights allegations
Mahama extends IGP Yohuno’s tenure by two years

“We fundamentally acknowledge agriculture as the bedrock of our country’s industrialization and thus, creation of wealth and jobs for our people. But we need to ask ourselves what type of agriculture,” theMinister said.

He observed, that the importance the President Akufo-Addo’s government attached to the country’s agriculture, “makes it heart-warming to see this multipurpose building being commissioned”.

The Minister said the government’s keen attention towards the agricultural sector, stemmed from the sector’s unique position and crucial contribution to economic growth, employment and the transformation of lives.

Mr. Ofori-Atta observed, that the Agricultural sector had experienced very difficult challenges in the recent past.

“The sector grew by a paltry 2.8 percent and 3.0 percent in 2015 and 2016 respectively, underscored by a 2.5 percent growth in the crops subsector in 2015 and 2016,” the minister said.

He added that the sector had also experienced a declining share of GDP, “consistent with the relatively” slow growth in the sector and improved performances by the industry and services sectors.

This led to government intervention, which “to a large extent” influenced the implementation of the Planting for Food and Jobs (PFJ) programme and other interventions in the sector, which have helped to improve the fortunes of agriculture in Ghana, Mr. Ofori-Atta said.

The Finance Minister said as a result, the crops sub-sector then grew by 9.4 percent in 2017, the first year of implementing PFJ, from a growth of 2.5 percent in 2016.

This together with other sub-sectors, pushed agriculture GDP to grow by 8.4 percent in real terms in 2017, compared to 3.0 percent in 2016, he said.

Mr, Ofori-Atta noted that transforming agriculture in Ghana would require a concerted effort from all stake-holders, adding, “That is why WACCI is so important to achieving a Ghana Beyond Aid.”

He said WACCI could drive a new agenda to make the University of Ghana the hub of agricultural innovations and entrepreneurship, and said the centre should be supported in jointly looking for core funding from the government and other partners for its sustenance.

“We should make agriculture flourish in Ghana to achieve the Ghana Beyond Aid Agenda, and I pledge my commitment to this,” the Finance Minister said.

Eleven years ago, WACCI started as an AGRA project to train plant breeders and seed scientist at the PhD level for five countries which are Burkina Faso, Ghana, Mali, Niger and Nigeria.

It has grown to become the largest PhD awarding Centres in plant breeding education in Africa.

The Centre seeks to address the challenges of the agricultural sector in Africa, with a further aim of improving the socio-economic growth of the continent.

 

Source: GNA

Share This Article
Facebook Whatsapp Whatsapp Email Copy Link Print

Latest News

Forestry Commission Debunks Interdiction Claims, Clarifies GHS623,000 Revenue Issue
November 20, 2025
PIAC elects Richard Ellimah as new chair
November 18, 2025
Nsawam City Sporting Club Secures International Transfers for Five Players
November 18, 2025
Ato Forson seeking prudence with 2026 Budget – Prof. Khalid
November 18, 2025
Youth Groups advocate for Economic Inclusion, Job Creation and more
November 15, 2025
STAR-Ghana Foundation launches Five-Year Strategy to boost Youth -Led Development
November 15, 2025
198km Accra–Kumasi Expressway to be completed in three years — Ato Forson
November 14, 2025

You Might Also Like

Breaking NewsHealthtop stories

No Money in Ghana’s Mental Health Fund

November 14, 2025
Breaking NewsGeneral Newstop stories

Sudden altitude change caused August 6 helicopter crash – Report

November 11, 2025
Breaking NewsDevelopment Agendatop stories

Inequality, corruption, threaten Ghana’s moral fabric – Catholic Bishops

November 11, 2025
Breaking NewsBusinesstop stories

Fiscal Reforms Needed to Maximise Gains from Extractive Sector, Says IEA

November 5, 2025

About Us

Public Agenda is fou­nded and owned by Pu­blic Agenda Communic­ations.

Public Agenda was founded as a public interest Me­dia entity. Its Visi­on is to contribute to building a well-i­nformed society where accurate informati­on dissemination is the cornerstone of a democratic, just and equitable society.

Its mission is to inform, guide and bui­ld responsible citiz­enship and accountab­le decision making and strive for excell­ence in the media in­dustry. Public Agenda Communications is managed by a Board of Directors.

Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?