Ghana - Milling Middle East & Africa Magazine

Development Bank of Ghana earmarks rice, maize, and soya bean in push to boost food security in the country

March 8, 2023March 8, 2023

GHANA – The Development Bank of Ghana (DBG) has embarked on an initiative to boost the production of poultry and cereals in a bid to promote food security in the country. The bank has earmarked rice, maize, and soya bean as the cereal sof importance in contributing to the country’s food basket, Michael Mensah Baah, the Deputy Chief Executive Officer…

Ghana earmarks US$684m to boost domestic rice production and processing

February 28, 2023February 28, 2023

GHANA – The Ghanaian government has set aside US$684 million for domestic rice production and processing as part of its pathways to self-sufficiency in the next five years. The decision, reached during the Dakar II Summit, seeks to increase local rice production in a bid to reduce the country’s US$560 million annual rice import bill and its concomitant impact on…

Ghana schemes to offset US$1.3 billion rice import bill by increasing local production

January 18, 2023January 18, 2023

GHANA-The government of Ghana plans to start producing its local rice to offset the US$ 1.3 billion financial burden used to import the commodity annually. Ghana is heavily dependent on imports for both food and non-food commodities creating an unfavorable balance on the import bill that now exceeds US$10 billion annually. While little can be done about imports like iron,…