In Ghana, the actors get their act together to develop the cashew value chain
29 May 2017
The Ghana Export Promotion Authority (GEPA), the Cashew Industry Association of Ghana (CIAG) and BLC Consulting signed a Merorumdum of Understanding (MoU) to facilitate the implementation of the national cashew development plan over ten years (from 2017 to 2027 ). Ambitious plan, it aims to support research, improved inputs and technology, regulate the industry, develop strategic investments, increase local consumption of products for cashew base to ultimately increase production and productivity throughout of the value chain of the cashew. The objectives are to increase production from 145,000 tons to 200,000 tons and processing capacity 143,000 tons to 200,000 tons also. The plan should have the support of the Ministry of Food and Agriculture, African Alliance cashews and the World Bank.
For its part, the GEPA will make cashew one of its flagship products in the promotion of non-traditional export products. In 2016, the cashew has generated $ 197 million in revenue. The General Director of the GEPA, Gifty Kekeli Klenam, said at the signing of the MoU that the development plan was unique because based on a public-private partnership with the involvement of fund managers that will support research and development farmers, processors and more generally all the players in the value chain. She said she will work with the Ministries of Food and Agriculture, Trade and Industry to implement the National Cashew Development Board and Cashew Development Fund. In addition, will be created a Development Desk for overseeing all activities related to the cashew, including technical support and liaison with all stakeholders in the sector. It campaigns for the GEPA introduce a levy on exports of raw cashews to support the plan beyond 10 years. This levy could reach $ 8 million per year and will facilitate the implementation of the Cashew Development Fund.
The president of the GIAG, Winfred Osei Owusu, welcomes the involvement of GEPA. " Over the years we have had many discussions with the Department of Trade and Industry and it is quite refreshing that the new management of GEPA has agreed to work with us to deploy this ten-year development plan " has -t he said.