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    7th WOFAGRIC Ends Successfully in Central Region, Celebrates Over 1,300 Women and Youth

    7th WOFAGRIC Ends Successfully in Central Region, Celebrates Over 1,300 Women and Youth

    34-Year-Old Makes History as Youngest Winner of Ultimate Gold in the Soil Award

    34-Year-Old Makes History as Youngest Winner of Ultimate Gold in the Soil Award

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    Preparations Underway for the 7th WOFAGRIC and Gold in the Soil Awards in Cape Coast, Tomorrow

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    Ekua Hawa: A Story of Strength, Sacrifice and the Power of Farming

    Farming Without Limit

    Farming Without Limit

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    Esther Botchwey Trades Sewing for Farming and Becomes a Pillar of Strength in Her Community

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    From Shore to Success: Margaret Attadzietsey Powers Elmina’s Fishing Economy with Leadership and Compassion

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    71-Year-Old Charlotte Adu from Efutu Turns Farming into a Thriving Business Empire

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    Hon. Dzifa Gomashie Commends Agrihouse Foundation, Urges Stakeholders to Invest in Poultry Sector

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    Aquamet Technologies: The Ghanaian Startup Revolutionizing Sustainable Aquaculture with Smart Innovation

    Aquamet Technologies: The Ghanaian Startup Revolutionizing Sustainable Aquaculture with Smart Innovation

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    IFC partners  Societe Generale to support  cocoa sector

    Manhyia Local Prison’s poultry farm is enhancing nutrition and feathered rehabilitation

    Manhyia Local Prison’s poultry farm is enhancing nutrition and feathered rehabilitation

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    Patronize local products to create jobs – Agric Minister tells Ghanaians

    All is set for 32nd AGM of Afreximbank in Abuja

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    Concerns mount over potential shea nut export ban

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    Ghana, Ivory Coast cocoa supply shortage makes chocolate prices soar in UK

    Accra Brewery celebrates farmer partnerships at “Farm to Brew” event

    Accra Brewery celebrates farmer partnerships at “Farm to Brew” event

    • Crops
    • Fertilizer
    • Livestock
    • Machinery
    • Technology
  • Regional Trends
    Standard Chartered deepens investment in women-led tech startups

    Standard Chartered deepens investment in women-led tech startups

    Agrimercarb’s insect protein innovation is helping safeguard aquaculture

    Agrimercarb’s insect protein innovation is helping safeguard aquaculture

    Chamber of Agribusiness donates 15,000 masks to University of Ghana

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    Cote D’ivoire and Ghana cocoa platforms calls for closer collaboration with stakeholders in the cocoa value chain

    Cote D’ivoire and Ghana cocoa platforms calls for closer collaboration with stakeholders in the cocoa value chain

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    Strategic investment in agriculture can create over a million jobs – Agri-Impact CEO

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    Anchored fish aggregating devices take the guesswork out of fishing

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    Kenya Moves to Withdraw and Restrict Harmful Pesticides in Major Regulatory Shift

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    Over 46 Million Hectares at Risk: FAO Urges Action on Arab Land Degradation

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    Young Agripreneur Forum Holds Orientation for New Members

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    African Leaders Urged to Adopt Genetic Editing Technology to Achieve Food Security

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    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Olam Agri receives three prestigious awards at Ghana Business League Awards

    Download (83)

    African economies should adapt to global challenges amid US-China tariff wars

    Randy Abbey 1536x1244 220364456 1 750x375

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    Banana 2

    Tariffs put bananas at risk of $250 million price increase

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    US Tariff to impact Ghana’s Cocoa, Textiles and Agriculture

    Img 1345

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    1 2 (1)

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Home National Trends Livestock

World Bank and ECOWAS Partner to Fund 2 million Broiler Production, Creating 300,000 Jobs in Ghana

Agriwatch by Agriwatch
February 5, 2024
in Livestock, National Trends
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World Bank and ECOWAS Partner to Fund 2 million Broiler Production, Creating 300,000 Jobs in Ghana
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The World Bank and ECOWAS are funding a two million broiler production program this year to reduce Ghana’s excessive $600 million annual poultry imports, as part of the West Africa Food System Resilience Programme (FSRP).

The initiative, aimed at increasing local poultry production and working towards self-sufficiency, is being implemented by FSRP, which is currently reviewing submissions received under ECOWAS’s auspices. Approximately 300,000 Ghanaians are expected to benefit directly from the project, with over one million estimated as indirect beneficiaries.

Poultry farm (aviary) full of white laying hen

The five-year project aims to strengthen food system risk management in collaboration with ECOWAS and the Ministry of Food and Agriculture (MOFA), addressing common natural phenomena affecting food production in the sub-region.

 Currently, Ghana produces only 15% of its national poultry needs, with locals providing around 50,000 tonnes annually, mainly layers due to a substantial egg market, with spent layers also being sold, but broilers face challenges finding a market due to competition from imports and the lack of an off-taker by the eighth week.

The project’s support will be provided by large-scale commercial farmers, who will work with smallholder farmers, encouraging them to market processed whole birds or packaged chicken parts instead of selling live birds.

The project will cover production costs by supplying day-old chicks, feed, and vaccines to beneficiary farmers, who must demonstrate processing and marketing capacity to qualify for support.

Each batch of beneficiaries will receive support for three years, with farmers repaying part of the support at each year-end while retaining remaining amounts as a subsidy plus their profits. The FSRP will continue implementing a combination of adaptive, innovative, and sustainable interventions to enhance the resilience of vulnerable households, families, farmers, and communities against uncertainty and shocks affecting food production and supply.

BY:AGRIWATCH

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