The $227 million Tree Crop Diversification Project is launched by the Agric Ministry.

The World Bank has granted the Ministry of Food and Agriculture a US$227 million credit to carry out the Ghana Tree Crop Diversification Project, which aims to enhance the tree crop industry.

Bryan Acheampong, the Minister of Food and Agriculture, claims that the project will increase the competitiveness and capacity of those involved in the tree crop industry. In order to increase the production of cocoa, coconut, cashew, and rubber, the Ghana Tree Crop Diversification Project aims to promote sector-wide initiatives, reforms, and investments in the tree crop industry.

The project will help commercial nursery businesses provide farmers with high-quality planting materials, and the government will help 52,000 farmers obtain planting materials and other agricultural inputs. By linking upstream and downstream actors, the program has the potential to revolutionise the value chains of cashew, coconut, rubber, and cocoa, according to Minister of Agriculture Bryan Acheampong.

"The project will adopt a demand-driven strategy to improve access to economic opportunities, services, and inputs while promoting social inclusion and fortifying ties between local governments and beneficiary communities."

Additionally, it will use an integrated prevention, identification, and remediation approach to manage the risk of child labour in tree crops. The project will boost revenue growth at the farm level and throughout the value chain by increasing production and productivity in specific value chains, he stated. In order to increase quality and competitiveness in the cultivation, processing, and trade of tree crops, the Ghana Tree Crop Diversification Project will concentrate on bolstering and coordinating demand-driven research.

Significant results, including higher yields and value addition for target tree crops, better climate adaption plans, and notable drops in greenhouse gas emissions, are what the initiative hopes to accomplish.

The project would tackle some of the issues impeding the expansion of the tree crop industry, according to William Agyapong Quaittoo, Chief Executive of the Tree Crops Development Authority.

It is anticipated that the Ghana Tree Crop Diversification Project will provide roughly 20,000 jobs and support roughly 53,000 farmers. Eleven districts in six regions of Ghana would be the sites of the TCDP's implementation; these districts were picked with care to optimise its impact.

Essam, Adabokrom, and Asamankese in the Eastern Region of the Western North are designated for the project to assist the cocoa industry.