Ghana Seeks UK Investment for Tree Crops
Dr. Andy Osei Okrah, CEO of the Tree Crops Development Authority, urged UK investors to explore opportunities in Ghana's tree crops sector, highlighting government efforts in value addition and industrialisation.
Ghana's Tree Crops Development Authority (TCDA) is actively seeking investment from the United Kingdom. CEO Dr. Andy Osei Okrah is promoting opportunities in edible and industrial tree crops. He told potential investors that Ghana is ready for business.
Dr. Okrah made his appeal during the Ghana-UK Investment Summit 2026 in London. The summit brought together global leaders in farming businesses and finance. He presented Ghana's potential for investing in six key tree crops. The TCDA is working to turn exports of raw materials into a strong industrial economy. This means processing raw goods into finished products to increase their value.
The TCDA is focused on cashew, oil palm, rubber, and shea. For cashew, Dr. Okrah highlighted that cashew apples can be made into juice and drinks. This creates more income for businesses and the country. The government plans to plant 100,000 hectares of new oil palm. This initiative needs a GHS 500 million financing package. It offers chances in growing, processing, and related industries. For rubber, the aim is to increase production. Degraded land will be used for planting. Factories will be built to process rubber. This could lead to making vehicle tyres in Ghana.
Shear nuts offer another significant opportunity. Ghana wants to benefit from the global shea market, predicted to reach GHS 5.5 billion by 2033. By adding value to shea nuts, Ghana can become a major player. The TCDA has introduced new rules to support local factories. These rules ensure a portion of raw materials is kept for domestic use. This is part of the government's 'Feed the Industry' plan. It aims to boost local manufacturing and create jobs. These policies help Ghana's economy grow stronger.
Dr. Okrah mentioned Ghana's stable business environment. He also pointed to supportive government policies. The country's commitment to transforming its agriculture is a draw for investors. The Ghana-UK Investment Summit aims to unlock new opportunities. It focuses on restoring investor confidence. The summit highlights projects ready for investment across Ghana. It seeks to strengthen economic ties between Ghana and the UK.
Source: StatsGH — Ghana's data-driven news platform