Friday, 20 February

GIPC CEO calls for strategic investment in coconut value chain

Business
GIPC CEO, Mr Madjie holding a coconut tree

The Chief Executive Officer of the Ghana Investment Promotion Centre (GIPC), Mr Simon Madjie, has urged investors to take advantage of emerging opportunities within Ghana’s coconut value chain to drive industrial growth, export diversification and environmental sustainability.

He made the call in Accra at the Ghana Tree Crops Investment Summit and Exhibition organised by the Tree Crops Development Authority (TCDA).

The summit, held under the theme “Sustainable Growth through Tree Crop Investment: Resetting and Rebuilding Ghana’s Green Economy,” brought together policymakers, development partners, private sector actors and investors to explore strategies for expanding Ghana’s tree crops industry.

Mr Madjie described coconut as one of the most commercially viable yet underdeveloped crops in Ghana’s agricultural portfolio.

He noted that Ghana is Africa’s leading coconut producer and ranks 13th globally, with annual production exceeding 500,000 metric tonnes, according to the Food and Agriculture Organisation (FAO).

Despite this, he said domestic supply remained insufficient to meet the combined needs of local consumption, industrial processing and export markets.

Citing 2026 data from the International Trade Centre (ITC), Mr Madjie stated that Ghana had an estimated export potential of US$23 million in desiccated coconut, with approximately US$19 million yet to be realised.

He stressed that the coconut value chain offers investment prospects across plantation development, structured outgrower schemes, aggregation, storage, processing and advanced manufacturing.

“The majority of value in the global coconut industry is captured after the farm gate.

That is where Ghana is positioning investors to operate,” Mr Madjie said.

He encouraged both domestic and foreign investors to partner with Ghana to build a globally competitive coconut industry that delivers strong commercial returns and employment opportunities.

Source: Classfmonline.com/Cecil Mensah