Singapore Eyes Ghana’s Agribusiness Value Chain in Push for Jobs and Green Growth

President Mahama’s three-day working visit to Singapore seems to be bearing fruit as the President of Singapore has set its sights on Ghana’s vast agribusiness potential.

This signals a new phase of cooperation that could unlock jobs, value-added exports, and sustainable growth for the West African nation.

During bilateral talks in Singapore on Wednesday, President Tharman Shanmugaratnam praised Ghana’s resources and outlined areas where collaboration could make a difference, particularly in the downstream processing of cashew, cocoa, and other crops.

“Areas of interest are agribusiness, downstream processing of products like cashew, cocoa… and we are ready and glad to pursue them together,” Singapore’s president noted.

The bilateral talks also underscored Singapore’s pioneering step as the first Asian country to sign a carbon markets implementation agreement with Ghana. This both leaders described as a gateway for channeling investment into low-carbon and climate-smart projects.

“The first Asian country to sign the implementation of a carbon credit agreement with Ghana and the first in Africa is Singapore,” he noted.

President John Mahama made clear that agribusiness is at the heart of Ghana’s “Reset Agenda,” not just for food security but as a strategic driver of employment.

Mahama pointed to the Volta Economic Corridor as a prime opportunity, with over two million hectares of arable land along the river earmarked for agro-processing parks, irrigation, and large-scale farming.

Singapore’s interest dovetails with Ghana’s ambition to scale up agro-processing and link its agricultural output to export markets under the African Continental Free Trade Area (AfCFTA).

Both leaders stressed that transforming raw commodities into finished products would not only boost incomes but also strengthen Ghana’s position as a continental hub.

If properly executed, the Ghana-Singapore partnership could catalyze a new wave of investment into agro-industrial parks, boost exports of value-added cocoa and cashew products, and create thousands of jobs, setting a model for Asia–Africa cooperation.

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