The Chief Executive Officer of the Ghana Exports Promotion Authority, Dr. Afua Asabea Asare, has revealed that due to some interventions the Exports Promotion Authority has embarked on, which includes the distribution of cashew seedlings and pineapple suckers to farmers, Ghana has seen monumental increase of 10% in Non-Traditional Exports figures between 2017 and 2019.
The head of GEPA attributed the successes choked so far in export not only to the work of her outfit, but also to the Ministry of Agriculture in its flagship Planting for Food and Jobs program which improved the export figures for cashew in particular.
“Cashew just went up by 23% and it is just because of the interventions that were made by the Ministry of Agric with the support of GEPA.” She however lamented the raw state cashew is being exported and called for government’s intervention that would introduce regulations to ensure cashew and many other products of great value are processed to even add more value before exportation.
“We would make our case before government. We have about twelve factories in Ghana processing cashew but now it is about only two or three. They have all been closed down because the cashew is taken away before they can even be purchased to be processed in Ghana which is very bad for us,” she bemoaned.
The GEPA boss said, with the current industrialization agenda by government, it has been admirable to see young entrepreneurs muster enthusiasm for export oriented production. “It is quite interesting how a lot of our young people are those coming up with these novel interesting products,” she expressed.
However, ghanaweb.com reported that the CEO of GEPA, bemoaned the inadequate funding available for young entrepreneurs to realize their ambitions to grow their businesses that would go a long way to contribute to national development in the export sector. She added that even though her outfit has worked closely with both the Export and Import (i.e. EXIM) Bank and some other private banks to grow export base of the country, inadequate financing within the export sector still remain a major bane.