Ghana has taken a big step against strengthening its agro-industrial strategy through signing an MoU between the Ministry of Food and Agriculture (MoFA) and B5 Plus Limited to determine a large-scale cashew processing plant within the nation.

The settlement was once signed through the Minister for Food and Agriculture, Eric Opoku, and the Executive Director of B5 Plus Limited, Mukesh Thakwani.

It units out a collaborative framework for creating and managing the cashew processing facility beneath a Build-Operate (BO) fashion.

Ghana is among the main manufacturers of uncooked cashew nuts in Africa, but a good portion is exported with out price addition.

The MoU recognises the pressing want to shift from uncooked exports to home processing to make stronger farmer earning, make bigger employment possibilities, and diversify exports.

Under the association, B5 Plus Limited will direction, design, assemble, equip, personal, and function the plant at its personal price and possibility, topic to regulatory approvals.

The Ministry will facilitate coverage organization, land beef up, stakeholder engagement, and inter-agency approvals to verify clean implementation.

The initiative aligns with Ghana’s financial transformation time table, together with industrialisation, import substitution, and sustainable export method.

The challenge puts robust emphasis on sustainable sourcing preparations with farmers and aggregators, together with clear grading programs, advised bills, and farmer engagement programmes. It additionally promotes employment introduction and abilities switch to construct native technical and managerial capability.

Speaking on the signing rite, the Minister for Food and Agriculture, Eric Opoku, wired the challenge’s strategic significance throughout the Feed Ghana Programme.

He stated, “Feed Ghana is not just about growing more crops; it is about building industries around what we grow.”

According to him, native processing is central to restoring price to farmers and rural communities, stressing that “When we process our cashew locally, we create jobs, strengthen farmers, and keep Ghanaian wealth within Ghana,” he stated.

He wired that through processing cashew in the community, Ghana stands to seize larger price inside its borders, from shelling and grading to packaging and export of completed merchandise, fairly than exporting uncooked nuts and re-importing processed items at upper prices.

Industry analysts word that home processing will lend a hand stabilise farm-gate costs, cut back post-harvest losses, and deepen rural industrialisation, specifically in cashew-producing areas.

The MoU obviously states that the challenge will function beneath a Build-Operate fashion, with possession ultimate with the investor.

Whilst the settlement is non-binding and topic to additional definitive preparations, it establishes a structured implementation pathway, together with the formation of a Joint Technical Committee to supervise making plans and milestones.

Reaffirming govt’s decision, the Food and Agriculture Minister concluded that “The era of exporting raw potential is over. Under Feed Ghana, we are turning harvest into industry and agriculture into the engine of economic transformation.”

If effectively applied, the MoFA -B5 partnership challenge may function a fashion for equivalent investments throughout different tree plants and agricultural price chains, accelerating Ghana’s transition from commodity dependence to commercial transformation.

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