In a groundbreaking initiative, Agricwealth Ghana is set to organize the first-ever Africa Agriculture Investment Summit at Cineworld, The O2, Peninsula Square, London SE10 0DX, in less than two weeks.
This unprecedented gathering will bring together government officials, financial institutions, investors, logistics firms, project developers, commercial farmers, and players in the agro-food industry.
The primary objective of this summit is to unite industry stakeholders in a collective effort to explore the immense untapped agricultural potential in Ghana.
Anticipation runs high as the event aims to stimulate collaboration, unveil investment opportunities, and foster partnerships geared towards revitalizing rural economies in Ghana, addressing rural poverty, and curbing unemployment.
Notably, Agricwealth Ghana, in collaboration with its UK office, spearheads this endeavor, marking the first instance where a Ghanaian firm takes the lead in organizing Africans diaspora in the United Kingdom for a collaborative project with the goal of showcasing Ghana on the global stage for trade and investment opportunities. The summit is scheduled to commence on March 16, 2024, promptly at 10 am.
Ghana’s agriculture sector presents numerous investment opportunities, spanning poultry, animal feeds, rice production, value addition support, and various other domains. Despite boasting a significant agricultural investment portfolio, Ghana imported $2.6 billion worth of agricultural and related products in 2022.
In an effort to bolster investor confidence, the Ghanaian government has implemented various incentives, including tax exemptions on imported agricultural machinery.
It is against the backdrop of these developments that Agricwealth Ghana and its UK office seek to reshape the narrative by enticing potential investors to explore the benefits of investing in Ghana’s agriculture sector.
Recognizing that private sector participation is pivotal to transforming the fortunes of the agriculture sector, Agricwealth Ghana emphasizes the need for collective efforts to attract investors to leverage the abundant agrarian lands, climate resilience, and favorable weather patterns in Ghana to contribute significantly to feeding the world’s growing population.
Background:
In 2022 and 2023, Agricwealth Ghana successfully mobilized over 10,000 youths for its Ghana Youth Agriculture Summit, empowering them to embrace food production. Post-summit, Agricwealth Ghana facilitated numerous youths in acquiring tracts of land for diverse farming activities, with over 200 now actively engaged in personal agricultural businesses.
The Executive Director of Agricwealth Ghana, Evans Kyere-Mensah, received recognition as the Best Municipal Cassava Farmer in the Mampong district of the Ashanti region in 2023. Operating a 500-acre cassava plantation in Bosomkyekye, Mampong Municipal, Kyere-Mensah remains unwavering in his belief in agriculture’s potential to positively impact Ghana’s economy.
Kyere-Mensah in 2022 Received the best agri Advocacy award from Guzakuza.
Kyere-Mensah asserts that agribusiness will not only reshape Ghana’s economic narrative but will also address significant issues such as youth unemployment, bringing about prosperity, transformative livelihoods, and a higher sense of purpose for the younger generation.
He passionately believes that the diaspora, particularly Ghanaians in the UK, has a crucial role to play in mobilizing the country’s communities for growth and development.
His conviction extends to the belief that solving agricultural challenges will address a multitude of endemic issues in Ghana, including those related to food, manufacturing, transportation, water, climate, health, housing, and education.
