The Government of Ghana (GoG), in partnership with the World Bank, is set to launch the Tree Crop Diversification Project (TCDP) on November 12, 2024, in Accra.
This initiative seeks to address key issues affecting productivity and sustainability in tree crop production, aiming to drive sustainable economic growth through crop diversification.
The TCDP is designed to transform Ghana’s agricultural sector by targeting both productivity and social challenges, such as child labour and gender inequality, within the cocoa, cashew, coconut, and rubber industries.
The project takes a two-pronged approach, focusing on cocoa and other strategic tree crops to improve productivity, increase market access, and enhance private sector competitiveness.
The project, funded with a $227.5 million budget—including a $27.5 million contribution from the Government of Ghana through COCOBOD—will focus on four main components.
These include boosting productivity, enhancing value chain efficiency, promoting environmental sustainability, and ensuring social safeguards within the sector.
The TCDP is expected to benefit over 52,775 farmers, with a particular emphasis on empowering women and youth in the agricultural sector.
Additionally, it aims to generate around 20,000 jobs, significantly improving livelihoods in local communities and supporting economic growth.
With this launch, Ghana’s agricultural sector anticipates a major step toward sustainable growth, environmental stewardship, and equitable economic empowerment for farmers and industry workers alike.