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Company News of Monday, April 15, 2019
Source: kasapafmonline.com
2019-04-15
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The Ghana Coffee Federation (CFG) has launched a number of initiatives aimed at reorganizing the coffee industry in Ghana and making this product one of the most attractive and sought after products in the global market.
One of these initiatives is the development of very solid data in the value chain that will serve as a guide or point of reference for industry players.
Vice President of the Ghana Coffee Federation, Samuel Adimado, told reporters during an interview Friday on the sidelines of the Federation's General Assembly in Accra, that the future of the Coffee industry depends on very solid data, without which the industry can only attract the necessary investment.
He is confident that once the CFG is able to develop very solid data for the industry, Ghana's economy will never be the same again.
"Yes, Ghana is a player in the coffee industry, but globally, if you want to say that you are an actor, you need to have statistics and data to be able to badert your position in the world of coffee. coffee. Although we have farmers who grow coffee, you need very comprehensive data to be able to present it to the world. So we started collecting the data and we think it will help us turn the tide. Ghana had good results in the coffee sector and, with the collapse of the world coffee market, we lost that position. But now that the global coffee market is booming, we have reorganized our industry to attract the necessary investment, "he said.
In collaboration with the Ghana Cocoa Board (COCOBOD), the CFG is mapping farmers, soil fertility to determine areas in which coffee growing will grow well, the type of planting material to be grown. use and warehouses to badess the strength of the coffee sector.
They are also developing a set of guidelines that will help regulate industry activities as well as develop a baseline badessment of coffee consumption in the country.
Mr. Adimado noted that the objective of this exercise is to professionalize the sector and make it more attractive, to improve the quality of the product and to make coffee production more profitable for farmers as a whole. diversified income strategy.
It is also intended to address the impact of climate change on the economies of coffee and cocoa that no longer produce cocoa.
Already, 20,000 farmers have expressed interest in investing in coffee as a business, giving them back their income.
Mr. Adimado believes that the profitability of the business will depend on the farmers who are interested and who follow the information that will be provided.
"What we want to develop is that coffee should be a diversified option for farmers who want to get into coffee production as a business. We therefore want to support coffee and defend it as a diversified income in the commodities sector. That's the idea of CFG, "he explained.
Available statistics indicate that Africa produces about 10.8% of the total volume of coffee produced in the world. However, the continent consumes only three percent of all coffee produced in the country.
Ethiopia, for example, consumes 50% of the total volume of locally produced coffee while Kenya consumes about 5% of local production.
CFG is therefore looking for a partnership with potential agencies and organizations to raise awareness of the health benefits of coffee to boost local coffee consumption and demand.
According to the President of the Federation, Chief Nat NSARKO, this can change the situation to mitigate the negative effects of coffee pricing in the world.
Ghana strongly advocates for a major name in the world of coffee, relying on governments that plant for export and rural development (PERD).
CFG will host the General Meeting of the Robusta Coffee House Agency of Africa and Madagascar (ACRAM) from 22 to 24 May 2019 in Accra, Ghana.
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