Finance Minister Dr. Cassiel Ato Forson has announced a push to deepen Ghana’s development partnership with the International Finance Corporation (IFC) following a productive meeting with its Regional Vice President for Africa, Ethiopis Tafara. The discussions heavily focused on opportunities within the agriculture sector to support the nation’s development priorities.
Dr. Forson revealed that the government is in the final stages of preparing a comprehensive Oil Palm Plantation Policy, which is slated to be presented during the 2026 Budget. This policy is part of a wider national strategy to develop key economic crops and transform agriculture into a major engine for jobs, growth, and industrialisation.
The Minister stressed the enormous potential, believing that with strategic investment and partnerships, Ghana could create over 500,000 jobs across the entire value chain, spanning cultivation, processing, manufacturing, and exports. To realize this large-scale agricultural transformation,
Dr. Forson highlighted the need for patient capital, confirming ongoing collaboration with the World Bank, IFC, and other development partners to mobilize financing and catalyze private sector participation. Ghana is signalling readiness to harness agriculture to drive inclusive growth and place economic crops at the core of its national transformation agenda.
Ruth Abla ADJORLOLO
