AGRIBUSINESS IN GHANA

AGRIBUSINESS IN GHANA

Agribusiness companies in Ghana are largely dominating the industry sector in one way or another. Take a look at most companies and you will realize that in one way or another it is related to agriculture. It could be a service providing company such as agricultural consultancy. Others are manufacturing such as those producing inputs and chemicals. There are also industries related to agriculture that target the value addition. In fact, very few industries in Africa cannot trace a link to agriculture.

The agribusiness sector in Ghana is thriving as more people venture into farming. The diversity in crop farming also contributes to this sector as industries are formed to support the sector. One agribusiness sector that depends on this is the export crops Ghana sector which depends on farmers ability to produce cash crops such as cashew nuts. This continues to increase agribusiness opportunities in Ghana as more people will be employed in these companies not to mention the farmers that work on land to produce the crops.

The lucrative agribusiness in Ghana is proof that people can depend on agriculture and lead comfortable lifestyles. This should be motivation enough for government and other sector to pump resources into it. Fortunately the government seems to understand this aspect seeing by how it has worked to revive sectors in the agriculture, the cashew nut being an example. The government through relevant organizations works on supporting farmers to achieve their goals by providing resources and setting up mechanism that support export crops Ghana ventures. If a farmer wants to explore a certain area in agribusiness then they can do it today as support is easily available. Inasmuch as some challenges still exists, there is much more support than in earlier.

Fortunately agriculture is becoming a necessity and most people are realizing this need as the world population increases each day. More people appropriate that there is a need to increase food production. Ghana is not left behind on this. There are different agricultural ventures that farmers can tap into from crop farming to animal keeping. Apart from subsistence providence, these opportunities can work as income earners especially when you focus on profitable crops to grow in Ghana. Farmers have been successful growing mushroom, cashew nut, maize and beans among other crops.

The secret to succeeding in the agribusiness sector in Ghana is choosing a line that you are comfortable with. Assess the profitability of the venture from the many that are valuable. Weigh the pros and cons of each potential farming venture, compare costs of investment vs. gains before making a decision. Agribusiness sectors will continue to dominate the world as the need for food is expected to increase in the coming years. As population grows so does the need for food increase. Tapping into this industry early enough is an added advantage.

Source: Yen.com.gh

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