GIPC to attract more investors into agribusiness in 2020 – Yofi Grant

The Chief Executive of the Ghana Investment Promotion Center (GIPC), Yofi Grant, has said his outfit will prioritize investments in agriculture and agribusiness in 2020.

This, he explained will feed into government’s agricultural programmes such as the Planting for Food and Jobs as well as Rearing for Food and Export.

Mr. Grant maintained that the GIPC is already in touch with some investors to access Ghana’s agricultural sector to work with local farmers.

“Agriculture has always played a major role in Ghana’s economy, employing over 50 percent of the working population and contributing largely to Ghana’s export earnings and being a major source of input for the manufacturing sector as well,” Mr. Grant said at the 18th edition of the Ghana Club 100 Awards organised in Accra.

He pointed out that government’s investments have yielded positive results, reflecting in an increase in food yield.

“The sector grew by 4.8 percent in 2018, and generated 591 million US dollars,” he said, adding that the GIPC is working to improve the figures in 2019 and 2020.

He stated that the figures already looked good with just a month to complete the year.

Mr. Grant was hopeful the several agricultural initiatives undertaken by the government will attract investors into the sector.