The abundance of water, and potential farmland lying idle in Ghana presents a range of opportunities in the agricultural sector. According to South African High Commissioner to Ghana, Lulu Xingwana, these conditions should present an attractive market for South African farmers – with people also needing training.
“I believe the economy has got cycles, the economy is down, prices are down – it's an opportunity for investors,” said Xingwana.
“When the tide turns they will benefit because they will already be in the system.”
But Ghana has suffered a number of issues with reliable energy supply. According to Standard Bank, the country wants to involve independent power producers – private firms building and operating power plants in the country - in its attempts to establish consistent supply.
Commenting on the energy supply issues, Xingwana says opportunities for South African entrepreneurs lie not only in generator provision, but also in renewables – especially solar and hydro systems.
Pineapple, pawpaw and mango are Ghanaian fruit products already being sold in Europe, which could soon be seen on the shelves of local retailers, thanks to a memorandum on trade being finalised with the Department of Trade and Industry.
Source: 702.co.za
