The Coconut Federation of Ghana says it will take advantage of the various government initiatives to boost the export of the fruit. The projected global growth in the coconut industry is pegged at US$15 billion by 2024.
The Federation said through the National Tree Crop Development Authority (NTCDA), it would help accelerate Ghana’s position for a significant share of the global coconut industry by creating more jobs and business and livelihood opportunities along the Ghanaian coconut value chain.
Patrick Ndabiah, the National President of the Federation, speaking at a press briefing, commended Nana Addo Dankwa Akufo-Addo for the unprecedented advancement and commitment to develop the Ghanaian Coconut Industry.
He also commended Dr. Owusu Afriyie Akoto, Minister for Food and Agriculture and Hajia Alima Mahama, Minister for Local Government and Rural Development for the effective collaboration towards the implementation of the Planting for Export and Rural Development Programme and the establishment of Authority.
The Birth of the NTCDA seeks to formalise the tree crop value-chain, develop and institutionalise effective regulatory schemes, mainly driven by the Ghanaian private sector and it is expected to also develop and regulate production, processing, marketing and export of Coconut, Oil Palm, Cashew, Mango, Rubber and Shea.
He said the contribution of the coconut industry to the development of many economies had proven to be an indispensable tool towards many poverty reduction efforts.