Transcript AFRICAN INTERNATIONAL SOFT COMMODITIES CONFERENCE

THE NEW GHANA COCOA
SECTOR TRANSFORMATION
AGENDA
INVESTMENT OPPORTUNITIES
DR. STEPHEN K OPUNI
UK – Ghana Trade & Invest.
Forum 2014
Introduction
• Presentation on behalf of Dr. Stephen
Opuni – Chief Executive, Ghana Cocoa
Board
• The New Ghana Cocoa Sector
Transformation Agenda – Rationale
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Increase production to 1.2 million tonnes / year
Productivity enhancement
Additional revenue ($1 bn to economy)
Effect on economy – GDP, Current ac balance, Exchange rate etc…
3 PILLARS OF TRANSFORMATION
• Productivity, Profitability, Youth
Engagement
• Supply Chain Efficiency
• Strengthening Local Processing &
Consumption
Accelerated Rehabilitation, Disease
Control and Youth Engagement
• 200 million
– Removal
trees
TEXT trees infected
TEXT
TEXT of 50 million
TEXT
/year for 5 years
• Pest and Disease Control – New and effective mass
spraying system
• Enhanced and effective Fertilizer application programme;
• Youth Engagement; New paradigm in cocoa farming
Business Opportunity – Pillar 1
• Removal / Replanting of 50 million trees presents about
GhC 50 million / Year business opportunity
• Accelerated Fertilizer Application - $200 million / Year
opportunity: Priority for investors to establish Fertilizer
and Agro-chemical formulation plants in Ghana
• Increased disposable income presents a variety of business
opportunity
for 800,000
farmers in rural communities.
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Business Opportunity – Pillar 2
• Investment in vegetable oil treated and food grade jute
sacks to meet about $15 million / year market
• COCOBOD outsourcing terminal services to investors.
Provision of container handling services is of high priority
• Provision of bulk storage, handling and terminal loading of
vessels.
TEXT
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• Deepening competition in shipping and trade in cocoa for
export markets
Business Opportunity –
Pillar 3
 Investors in financial sector to partner local processing
companies
 Opportunities for investors to undertake tolling agreement
with COCOBOD and local processing companies to expand
production.
 Investment in downstream processing (finished products) for
250 million West African Market
THANK YOU