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.
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.
The Government of Ghana (GOG) is pursuing the creation of a Grains Development Authority (GDA) to, among other objectives, further the development and regulation of the market for domestically produced grains and legumes.
Ghana’s economic growth was significantly impacted by the COVID-19 pandemic, with real GDP growth of only 0.4 percent. Following the pandemic-induced slowdown, economic recovery was expected to grow in 2022 to 5.5 percent. However, recent economic...
Ghana's National Biosafety Authority approved the release of the GE crop BT Cowpea into the environment and market, marking the first GE crop to be approved for use in Ghana. The approval lasts for ten years and is renewable.
Estimated at a Retail Sale Price (RSP) value of about $350 million in 2021, Ghana’s dairy market presents bright prospects for suppliers of fat filled milk powder (FFMP) despite the recent growth in demand for non-dairy creamers due to their health and wellness tag.
The 2022 FAIRS Annual Country Report provides up to date information on the regulations and procedures for the importation of food and agricultural products to Ghana. A Government of Ghana policy review in March 2022 has increased import duties of general goods, including food and agricultural products.
This report provides information on the certificates required for the importation of food and agricultural products into Ghana, plus further information on food product registration, labeling, import permits and other relevant information to assist U.S. exporters This report complements the FAIRS Annual Country Report for Ghana.
Having pegged its nationally acceptable limit of aflatoxin in peanut at 10 parts per billion (ppb) as far back as 2018, Ghana could well be leading, and not just supporting the regional block’s preference of setting the MRL for aflatoxin in peanut at 10 ppb.
Forecasts of below average rainfall and extended dry spells in most parts of the country by the Ghana Meteorological Agency, looming shortage and soaring global prices of fertilizer, and a further cutback on fertilizer subsidy rate are set to erode the grain production gains of GOG’s Planting for Food and Jobs program.
Ghana has one of the highest rates of dependence on fish for nutrition in Africa, with fish providing 60 percent of animal protein intake and estimated per capita fish consumption at 25 kg. Ghana’s seafood market presents an excellent opportunity for U.S. suppliers.