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Ghana: Export-Import Bank funding will boost coconut production

The Ghana Export-Import Bank has embarked on a GH¢ 30 million (€3.3 mln) ‘Coconut for Life’ project. It is targeted at increasing the country’s coconut production. Under the project, 50,000 to 1 million nuts of the Sri Lankan Green Dwarf crossed to the Vanuatu Tall hybrid variety will be produced in the next five years.

Coconut production in Ghana, has significantly increased over the past decades as the country produced 219,000 tons (MT)  in 1985, 245,000 MT 1995, 315,000 MT in 2005 380,000 MT in 2015 and steadily to 412,000 MT in 2020.

Source: ghanaiantimes.com.gh


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