Washington DC
December 25, 2019
Strong Economy Matters
December 27, 2019
Alhaji Wahab Abdul-Hannan Aludiba, CEO of Ghana National Food Buffer Stock Company
May 12, 2022

Agriculture and Rural Development

Agriculture continues to be the anchor of the country’s economy, employing more than half of our workforce. However, food is unnecessarily expensive in a country that is blessed with fertile land, our production methods are not modern and income levels of farmers and fisherfolk remain low; thus making the sector unattractive for the youth as a sustainable means of livelihood.

In a bid to reverse the decline in agriculture, the government is developing a major intervention known as the Akufo-Addo Agricultural Plan for the modernization of agriculture in Ghana.

His Excellency Nana Addo Dankwa Akufo-Addo has the vision to modernize and transform agriculture in order to expand the opportunities for job creation and to provide the basis for agro-processing industries. The vision is the outcome of careful assessment of the fundamental capacity of the Ghanaian economy and in line with our economic history. It is a history that tells us that massive and sustained investment in agriculture is the surest pathway to accelerated economic development.

“In addition, Government realizes that its aim of promoting agro-industries as a key strategy for achieving rapid industrialization, through the concept of “One District, One Factory” cannot be achieved without a solid agriculture base that thrives on agribusiness.”