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China-Africa Trade Information Service
Ghana's current economic development has been greatly contributed by many industries in the country. The success of Ghana’s industrial-listed services and manufacturing has created many jobs, thus minimizing poverty in the country, as many people are able to meet their daily need...
The herbal medicine industry in Ghana is growing rapidly. Many people are increasingly aware of the efficacy of traditional medicinal plants and herbs and as an alternative treatment for many diseases, including piles, malaria, snake bite, coughs, and infertility, among others.
The rise of the fast fashion industry in the past few years has driven the booming of the second-hand clothing industry. Second-hand clothing markets in Ghana, Nigeria, Côte d'Ivoire, Tanzania, Benin, Uganda and Kenya are active in trading.
It is reported that Ghana will establish an agency specializing in the shea industry.Mr Zakaria Iddi, National Coordinator of Shea Network Ghana (SNG), made the call during the launch of the 12th annual International Shea Conference in Tamale.
A total of 10,000 cocoa farmers from the Eastern and Volta regions, are receiving training in on-farm organic soil improvement and pest control mechanisms and management.
As part of its commitment to the development of the agricultural sector in Ghana, Yara International ASA has invested more than $15 million into a new fertiliser terminal and blending facility in Tema.
Ghana’s Agric Minister, Dr Owusu Afriyie Akoto said Ghana spends about a billion dollars on rice imports. His outfit, therefore, plans to support local rice farmers to increase their yields and gradually shift demand to the local rice.
Finance Minister Ken Ofori Atta has announced that Ghana’s overall crude oil production is expected to more than double over the next four years.
In spite of being the second largest grower of cocoa in the world, Ghana spends an average of US$45 million every year to import chocolate and other cocoa derivatives for special occasions such as Christmas and Valentine’s Day.