Audio By Carbonatix
The John A. Kufuor Foundation has signed a memorandum of understanding with Alluvial Agricultural Limited and the Ghana Rice Inter-professional Body (GRIB) to provide support to about 50,000 rice farmers in the country.
As part of the agreement, Alluvial Ghana will provide mechanisation, as well as credit and input services to members of GRIB to help them expand on production.
Planting and harvesting services, as well as seed and agro-input supply will also be provided.
Chief Executive Officer of the John A. Kufuor Foundation Prof. Baffour Agyeman-Duah signed the agreement on behalf of the foundation.
Von Kemedi who is Chief Executive Officer of Alluvial Agricultural Limited signed on behalf of the company and Nana Adjei Ayeh who is president of the Ghana Rice Inter - Professional Body signed on behalf of GRIB.
The objective of the agreement is to provide easy and affordable access to the above listed services which are currently scarce and too costly for smallholder rice farmers to afford.
Talks with financial institutions to provide concessionary financing so farmers can procure agro-inputs and mechanization services are also ongoing.
The John A. Kufuor Foundation is expected to play a facilitating and coordinating role in ensuring that the parties to the agreement work towards the stated goals.
The initiative falls within the foundation’s socio-economic development goal which focuses on agriculture led growth and job creation.
In view of this, the foundation consistently seeks to build broad based partnerships with public and private institutions both locally and internationally to deliver needed socio-economic reforms.
This support for rice farmers is coming at a time when the industry is struggling with various challenges along the value chain, including low mechanization. According to the Ministry of Food and Agriculture, Ghana has a deficit of 27, 133 tractors.
The agreement will go a long way to alleviate the burden of rice farmers who are in dire need of these services to boost Ghana rice production, supply and consumption.
In keeping with modern agricultural trends, the introduction of the state-of-the-art mechanisation equipment will aid proper land preparation and planting protocols which will drastically improve yields.
Additionally, the mechanization services will reduce pre-harvest and post-harvest losses.
The Alliance for a Green Revolution in Africa (AGRA) is a major partner in this project.
Latest Stories
-
Food security central to national stability – Ashanti Regional Minister
13 minutes -
Karpowership Ghana deepens investment in engineering talent and inclusion on World Engineering Day 2026
22 minutes -
Even if it takes years, we’ll fight for what is due you – Oppong Nkrumah pledges to cocoa farmers
33 minutes -
Nigeria’s Bola Tinubu nominates tax reform chair Oyedele as junior finance minister
43 minutes -
Ivory Coast reassures farmers over purchase of excess cocoa stock amid strike threats
53 minutes -
Absa ReadytoWork Webinar spotlights AI literacy for young professionals
1 hour -
Operational excellence is a competitive advantage
1 hour -
NPA halts discounted fuel pricing by OMCs effective March 16
1 hour -
Ghana Reference Rate drops sharply to 11.71%; major interest rate cuts expected
2 hours -
Conservative Anglicans to pick rival leader, widening Church rifts
2 hours -
No Ghanaian casualties as gov’t activates Middle East evacuation plan – Ablakwa
2 hours -
Uganda’s central bank to start its gold buying programme this month
2 hours -
Mohbad: Court approves DNA tests in US, UK to confirm Liam’s paternity
2 hours -
Investigation begins into death of Chimamanda Adichie’s son
2 hours -
I smoke, pray before going on stage to perform – Rema
3 hours
