The Chief Executive Officer of the Tree Crop Development Authority (TCDA), Mr Andy Okrah, has reiterated the commitment to strengthening Ghana’s cashew and oil palm industries through policy reforms, regulatory interventions and increased investment in value addition.
Speaking at a roundtable dialogue on financing the cashew and oil palm value chains held on Thursday, he said the Authority was implementing strategic policies aimed at improving productivity, strengthening value chains and attracting investment into processing.
He noted that the growth of the cashew and oil palm sectors remained central to Ghana’s industrialisation and export diversification agenda.
According to him, the Authority was focused on creating an enabling environment that would support sustainable growth across the industries while improving opportunities for stakeholders along the value chains.
Mr Okrah stressed the need for stronger institutional collaboration and innovative financing models to support farmers, aggregators, processors and exporters.
He said addressing financing gaps within the sectors would require coordinated efforts between the government, financial institutions, development partners and private sector actors.
The TCDA Chief Executive added that the Authority was working closely with stakeholders to address longstanding challenges affecting the industries and to promote investment in processing and value addition.
The dialogue brought together government officials, financial institutions, development partners and private sector players to discuss financing solutions for the cashew and oil palm sectors.
Irene Wirekoaa Osei, ISD
