Ghana : Cocoa Supply Chain Risk Assessment
Cocoa is by far Ghana's most important crop. It dominates the agricultural sector and is a major source of income for approximately 800,000 farmers and many others engaged in trade, transportation, and processing of cocoa. Cocoa holds a unique...
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Format: | Commodities Study |
Language: | English en_US |
Published: |
Washington, DC
2014
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Online Access: | http://documents.worldbank.org/curated/en/2013/01/17694705/ghana-cocoa-supply-chain-risk-assessment http://hdl.handle.net/10986/16516 |
Summary: | Cocoa is by far Ghana's most
important crop. It dominates the agricultural sector and is
a major source of income for approximately 800,000 farmers
and many others engaged in trade, transportation, and
processing of cocoa. Cocoa holds a unique position in
Ghana's economy. It has long played a crucial role in
Ghana's economic development and remains an important
source of rural employment. It also remains the
country's most important agricultural export crop.
Among development priorities, the Government of Ghana (GoG)
is committed to securing the future profitability and
sustainability of the cocoa supply chain. To this end,
following decades of declining output and stagnation, GoG
has made sizable investments in restructuring the industry,
improving productivity, and reducing marketing
inefficiencies. It has set ambitious targets to raise output
while maintaining its industry-leading quality standards.
These initiatives have paid dividends in recent years, with
significant gains in national output in the most recent
decade along with surging export revenues. |
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