The Government of Ghana has received an advance on the proceeds of a credit from the International Development Agency (IDA – World Bank Group) to finance the preparation of the GCAP – Ghana Commercial Agriculture Project. The project preparation is under the overall responsibility of MoFA. The development objective of GCAP is to improve the investment climate for agri-business and establish inclusive Private Public Partnerships (PPPs) and smallholder linkages aimed at increasing on-farm productivity and value addition in selected value chains.
Ghana’s current agricultural policy framework and national development plan emphasizes the importance of graduating from a subsistence-based small-holder system to a sector characterized by a stronger market-based orientation based on a combination of productive small-holders alongside larger commercial enterprises engaged in agricultural production, agro-processing and other activities along the value chain.
A major thrust of the new approach centres on enhancing the role of commercial agriculture and strengthening agricultural value chains. Under the program the Government is seeking to broaden and deepen private sector investment in agriculture – noting that it is already occurring but can be augmented – in the following ways:
