Browse Data and Analysis

The impacts of climate change are beginning to manifest on the entire globe and particularly on developing countries like Ghana. The country is vulnerable to rising sea levels, droughts, increasing temperatures and erratic rainfall which adversely impacts infrastructure, hydropower production, food security and coastal and agricultural livelihoods.

Post forecasts MY2023/24 palm oil production up by 20 percent over the current marketing year’s estimate. Total domestic consumption is forecast marginally up, imports are expected to drop by 14 percent due to increased domestic production, but exports are forecast significantly up compared to the current marketing year’s estimate.

Ghana’s economic growth was significantly impacted by the COVID-19 pandemic and the war in Ukraine. Following the pandemic-induced slowdown, economic recovery was expected to grow in 2022 to 5.5 percent.

Commercial dry bean production in Ghana is limited to cowpea (Vigna unguiculata), which has two sub-species with commercial value in Ghana; the black-eyed pea, which is the most popularly grown sub-species in Ghana, and the red/dark brown sub-species.

Togo’s economic growth is expected to grow after a sharp decline to annual real GDP in 2020 due to the COVID – 19 pandemic.

Assurances of support from bilateral creditors and the IMF, and goodwill from the international community in helping Ghana weather the economic storm has offered a brighter hope of an economic resurgence.

Traditionally, Ghana’s livestock sector mainly comprises cattle (for beef), sheep, goats, pigs (hogs), and poultry enterprises.

In a signed letter to the Veterinary Medical Officer of USDA’s Food Safety and Inspection Service (FSIS), dated January 12, 2023, the Acting Chief Veterinary Officer of the Ghanaian Veterinary Services Directorate of the Ministry of Food and Agriculture acknowledged receipt of the FSIS’ proposed certificate of export for pork and pork products, and confirmed its acceptance.

Ghana has experienced a sudden economic downturn, a product of internal miscalculations and external shocks. Once ranked among the fastest growing economies in the world, Ghana has lost the steam that made it a shining example of a well-managed economy in Sub-Saharan Africa, and now finds itself in economic turmoil.

The Bank of Ghana restricted access to foreign exchange for a select list of imported products, including rice, poultry, vegetable oils, and pasta, among other items, to implement a directive from the President of Ghana.

Ghana’s National Biosafety Authority has eventually given the green light for the environmental release and placement on the market of the pod borer resistant (PBR) or Bt. Cowpea.

Marketing year (MY) 2022/23 palm kernel production is forecast at 62,000 metric tons (MT), down by about nine percent compared to Post’s MY2021/22 projection. This is mainly because of an annual three-month drought period (December-February) that negatively affects FFB yield, and consequently kernel yield.