12 °c
London
Saturday, June 25, 2022
No Result
View All Result
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
FurtherAfrica
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About
No Result
View All Result
FurtherAfrica
No Result
View All Result
Home Africa

Ghana’s MoFA seeks Chinese assistance to revamp cotton industry

FurtherAfrica by FurtherAfrica
May 28, 2018
in Africa, Agriculture, Cocoa, Cotton, Education, Ghana, Trade
Reading Time: 3 mins read
852 17
0
Kenya bets on biotech cotton to create 50,000 jobs
Share via QRWhatsappShare on FacebookShare on TwitterLinkedInPinteresteMail

A thirteen-member delegation, led by the Minister of Food and Agriculture (MOFA), Dr Owusu Afriyie Akoto, was in China to explore the possibilities of entering into the Chinese market with Ghanaian products.

The delegation also sought partnerships with Chinese counterparts to invest in the various sectors of the economy of Ghana.

Additionally, it explored partnership in the cotton, cocoa products, the shea nut processing and fertiliser production as well as other areas of common interest.

Delegation

Other members of the delegation were the Technical Advisor to the minister, Mr Emmanuel Asante Krobea, Ghana’s Ambassador to China, Mr Edward Boateng, the Chief Executive of the COCOBOD, Mr Joseph Boahen Aidoo, the Chief Executive of the Ghana Cotton Development Authority, Mr James W. B. Yesseh, the Managing Director of the Cocoa Processing Company (CPC), Nana Agyenim Boateng, the Chief Executive Officer of the Cocoa Marketing Company (CMC), Dr Mensah Aborampah.

Chinese Chamber of Commerce

During a meeting with the Vice-Chairman of the Chinese Chamber of Commerce for Import and Export Textile and Apparel, Mr Zhang Xi-An, Dr Akoto explained that he was liaising with the chamber to get Chinese companies interested in the cotton industry to consider investing in the production, processing and marketing of the cotton both locally and into the Chinese and other African markets.

He told Mr Xi-An that the government had a discussion with two Chinese companies two years ago for the possibility of setting up a cotton processing facility in Ghana.

Dr Akoto, who said the discussion with the two companies began during the President Mahama-led administration, explained that when he took over the ministry, “I felt that this is an important project and, therefore, decided to re-establish communications between Ghana and the chamber.”

He said he followed up with an invitation of the representatives of the two companies to Ghana who, during the meeting, reminded the ministry that there was already a memorandum of understanding (MoU) between them and the ministry.

Dr Akoto said the government of Ghana had set aside 100,000 hectares of land for cotton production in the northern part of Ghana as a way of revamping the cotton industry.

He, therefore, invited the Chinese investors, especially those in the cotton industry, to take advantage of the opportunity to invest in the sector from the farm to garments, to feed the local market and the international market as well.

How cotton is produced in Ghana

The Chief Executive Officer of the Cotton Development Authority, Mr Yesseh, took members of the chamber through how the cotton was produced and used in Ghana.

He said currently what pertained in the cotton production was that small-scale farmers interested in farming cotton were supported by interested cotton companies with improved seeds, fertilisers and other resources.

Mr Yesseh added that when the farmers produced the cotton, it was sold to the cotton companies which in turn processed it, sold some to the local textile industry and exported some.

Commercialising cotton production

“But now, we want to modify the system to make sure that we do commercial farming,” he explained, adding that what Ghana was looking forward to attract Chinese companies to establish a plant in the country to process the cotton and also manufacture garments.

Mr Yesseh explained that the idea was to make cotton production viable and more commercial than what was going on currently in order to revamp the industry.

Chinese business community excited

Mr Xi-An expressed excitement with the decision by Ghana to redirect its attention to Chinese companies, explaining that his association was directly in charge with the production, manufacturing and marketing of garments in China.

He said the association was expanding its activities outside the South Asian countries to African countries and Ghana, where he described as potential ground for cotton production.

Mr Xi-An pledged to mobilise Chinese businesses to explore the possibilities of investing in Ghana through the association, adding that the association, which was already operating in some African countries, was glad to include Ghana.

Source: Graphic Online

Related

Tags: chinaChinese Chamber of Commerce for Import and Export Textile and ApparelCMCcocoaCocoa Marketing CompanyCocoa Processing CompanyCOCOBODcottonCPCEdward BoatengEmmanuel Asante KrobeaFeaturefertiliserGhanaGhana Cotton Development AuthorityGhana Minister of Food and AgricultureGhana’s Ambassador to ChinaJames W. B. YessehJoseph Boahen AidooMensah AborampahMOFANana Agyenim Boatengshea nut processingZhang Xi-Anганаガーナ加纳
ScanSendShare348Tweet217Share61Pin78Send
FurtherAfrica

FurtherAfrica

Founded in 2015 FurtherAfrica is an online platform centralising news and content focusing on the development and growth story of the African continent.

Related Posts

Tourism

Cresta ranked among top 10% of hotels worldwide

by BOTSWANA UNPLUGGED
June 25, 2022
Kenya’s Tourism Ministry crafts plan to revive sector in Northern Circuit
Environment

UN biodiversity talks in Nairobi push for conservation by 2030

by FurtherAfrica
June 25, 2022
Tourism

Kenya and Mastercard signs MoU to boost tourism

by FurtherAfrica
June 24, 2022
Opinion: The consequences of Africa’s careless agricultural trade
Agriculture

Nigeria set for 1st National Agricultural Sample Census in decades

by Farmers Review Africa
June 24, 2022
Energy

The 10 most electrified countries in Africa

by Energy Capital & Power
June 24, 2022
Angola Oil & Gas 2022
 
AFSIC 2022
 
Great Limpopo Transfrontier Park
 
MozParks

Translate this page

Read the Latest

Tourism

Cresta ranked among top 10% of hotels worldwide

by BOTSWANA UNPLUGGED
June 25, 2022
0

American travel online company TripAdvisor, Inc. has ranked 10 of Cresta Marakanelo Limited (CML) hotels amongst the top 10% of...

Read more
Kenya’s Tourism Ministry crafts plan to revive sector in Northern Circuit

UN biodiversity talks in Nairobi push for conservation by 2030

June 25, 2022

Kenya and Mastercard signs MoU to boost tourism

June 24, 2022
Opinion: The consequences of Africa’s careless agricultural trade

Nigeria set for 1st National Agricultural Sample Census in decades

June 24, 2022

The 10 most electrified countries in Africa

June 24, 2022

FurtherAfrica Partners Network

The Exchange Club of Mozambique Taarifa Rwanda
TechGist Africa Africa Oil & Power Farmers Review Africa
Tanzania Invest Zambia Invest See Africa Today
Africa Global Funds Novafrica CrudeMix Africa
Harambee Africa Botswana unplugged Financial Insights Zambia
Digilogic Africa Web3Africa

Subscribe to FurtherAfrica

Enter your email address to receive new articles on your email.

Join 73,051 other subscribers.

FurtherAfrica

© 2021 FurtherMarkets

FurtherAfrica is a FurtherMarkets Limited platform

  • Countries
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

Follow Us

No Result
View All Result
  • Countries
    • Angola
    • Botswana
    • Cape Verde
    • DRC
    • Eswatini
    • Ethiopia
    • Kenya
    • Malawi
    • Mauritius
    • Mozambique
    • Namibia
    • Nigeria
    • Rwanda
    • South Africa
    • Tanzania
    • Uganda
    • Zambia
    • Zimbabwe
  • Interviews
  • Understanding
  • Videos
  • Travel
  • Weekend
  • About

© 2021 FurtherMarkets

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?