Local agribusiness firms build capacity via Italian support

More agribusiness firms in Ghana are set to undergo training, after the first cohort of 19 were trained by the Italian Trade Agency (ITA) to improve their technical and managerial skills, and to increase their access to the European Union market.

In all, some 40 agribusiness companies will benefit from the virtual training sessions.

ITA is an Italian government agency that supports business development, partnerships and collaborations between Italian companies and their local counterparts.

The programme known as Lab Innova was launched in partnership with the Ghana Export Promotion Authority (GEPA), the Association of Ghana Industries (AGI), and other Italian partners including Italian partners AICS and Macfrut.

It also aims at fostering business partnerships with Italian companies and improving the Ghanaian value chain and local industry development and employment.

Other objectives include promoting technology transfer and innovation on the model of Italian agribusiness districts and foster opportunities for technical industrial partnerships with Italian companies.

The project is part of a greater effort put in place by Italy in Ghana to boost economic ties with Ghana, particularly in the agrobusiness area.

In this regard, Italy’s CDP joined a syndicate of international lenders in a US$600 million package in favour of Ghana’s Cocobod, to enhance the cocoa sector productivity and sustainability.

Moreover, ITA is supporting Ghanaian agribusiness exporters participation to MacFrut, a major international event to connect with both suppliers and buyers of the industry that will take place in September.

Opening the training programme held via Google hangout, Dr. Alessandro Gerbino, the Head of ITA for Ghana, Nigeria and Cote d’Ivoire said the E-Lab Innova training programme “is the first of a longer term engagement programme that will also involve trade visits from Italian companies, meetings, exhibitions and other activities to boost trade cooperation between Italy and Ghana.”

Dr. Gerbino, whilst expressing his gratitude to the GEPA and AGI, added that “E-Lab Innova presents an opportunity for Ghanaian companies involved to benefit from the technical know-how of their Italian counterparts and for Italian agribusiness companies to get to understand agribusiness in Ghana and to find ways to collaborate.”

The Head of the Agribusiness Department of the AGI, Fatima Alimohamed, who represented the CEO of the association commended ITA for rolling out the E-Lab Innova training programme to help Ghanaian agribusiness companies.

According to her, Ghanaian agribusiness companies are “still growers and exporters of raw materials whilst we should be adding value to our produce at this stage in our development.” She further added that “the potential to improve growth is there and this can be developed through such training exercises as this one being organized by ITA.”

The 19 agribusiness companies included Bomarts Farms, HPW, Ropryn Company Limited, Red River Foods, GKV and Gold Coast Fruits. Others include Ohu Farms, Maphlix Trust Ghana, Gamosa Limited, C.A.D ghana and Prudent Exports.