Ghana poultry industry receives $270 million investment boost
Translated from English and summarized by DistantNews. Read the original for the full story.
At a glance
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New plan
- Ghana signed a $270 million agreement to support the poultry industry through the 24-Hour Economy and Accelerated Export Development Programme.
- The investment is expected to create about 12,000 jobs across the poultry value chain.
- Officials say it will increase domestic production and reduce chicken imports by more than half.
Ghana’s poultry industry is set for a major investment push after the signing of a $270 million agreement under the 24-Hour Economy and Accelerated Export Development Programme.
The investment, described as the largest UK agrifood investment in Ghana’s history, is expected to create about 12,000 jobs across the value chain. It is also intended to raise local poultry production and reduce the country’s reliance on imported chicken.
The agreement’s projected effect on imports is substantial: chicken imports are expected to fall by more than half as domestic production expands.
About this summary
Originally published by Ghanaian Times in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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