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Ghana fruit processors ask for $10m bailout

The Fruit Processors and Marketers Association of Ghana is asking a US$10 million bailout from the government in order to increase pineapple production in the country.

The funds are needed to help the association to venture into large-scale pineapple farming to increase production from the present 33,000 tonnes to 10 million tonnes per annum.

“We need pineapple in excess of five million to 10 million metric tonnes a year, and so to be able to get the quantity of produce needed, our operations need to be mechanised to be able to produce enough to sustain the agro-processing business in the country,” An executive of the association, Mr Edward Yassin Koranteng, made the call when the Agribusiness members of the Association of Ghana Industries (AGI) called on the sector minister, Dr Owusu Afriyie Akoto, at the weekend.

source: businessghana.com
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