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Ghana’s Food Losses Could Feed the Ashanti Region for Over a Year
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Ghana’s Food Losses Could Feed the Ashanti Region for Over a Year
Ghana’s battle against food insecurity faces a silent but massive enemy, post-harvest losses. Agribusiness experts warn that the country loses food
worth between $1.9 and $2 billion every year, a staggering amount that could
feed the entire Ashanti Region for more than eighteen months.
This alarming revelation came from Mr. Daniel Fahene Acquaye, CEO of
Agri-Impact Limited, during the Regional Agribusiness Dialogue held in Kumasi
on October 10, 2025. The meeting, organized by the Ministry of Trade,
Agribusiness and Industry (MoTAI) with support from private and development
partners, sparked renewed debate on how to strengthen Ghana’s agricultural
value chain and reduce waste.
The Hidden Cost of Food Waste
Mr. Acquaye highlighted the economic toll of Ghana’s post-harvest
inefficiencies, noting that while the Ashanti Region — home to over 5.4 million
people — consumes about GH₵14 billion (roughly $1.2 billion) worth of food each
year, the country’s annual food losses nearly double that value.
“The food Ghana loses in a single year could feed the entire Ashanti
Region for more than one and a half years,” he revealed, drawing surprise from
participants.
According to the Ministry of Food and Agriculture, up to 30% of grains
and 50% of fruits and vegetables harvested each year never reach consumers. The
main causes include poor storage facilities, weak transport systems, and
limited processing capacity — challenges that continue to frustrate farmers and
agripreneurs alike.
Importing What We Waste
Despite these losses, Ghana’s food import bill remains alarmingly high.
Data from the Ghana Statistical Service shows that the country spent around $2
billion on food imports in 2024, a figure that has remained steady for several
years.
Much of this expenditure goes into importing products like rice,
poultry, wheat, and processed foods — items that could be produced locally if
the post-harvest system were more efficient.
“It makes no sense for a country losing billions in food every year to
keep importing what it wastes,” Mr. Acquaye warned. “This situation is
unsustainable.”
Financing the Fix: A Call for an AgriFund
One of the most discussed proposals at the Kumasi forum was the
establishment of a dedicated AgriFund — a financial mechanism to support
farmers, processors, and agribusinesses with investment capital.
For years, experts have argued that without targeted financing, Ghana
cannot overcome structural challenges such as poor storage, inadequate
irrigation, and limited logistics infrastructure. Currently, agriculture
receives less than 5% of total bank credit, far below the continental average,
according to the Bank of Ghana.
“If agriculture truly holds the key to transforming our economy, then we
must invest in it deliberately. We need an AgriFund to drive that change,” Mr.
Acquaye urged.
Building a National Agribusiness Policy
The Regional Agribusiness Dialogue in Kumasi is the first in a series of
regional consultations aimed at developing Ghana’s first-ever National
Agribusiness Policy.
The initiative — led by MoTAI in collaboration with Agri-Impact Limited,
Mastercard Foundation, PwC, and Development Bank Ghana — seeks to consolidate
the country’s fragmented agricultural initiatives under a single strategic
framework for growth.
Kwame Ntim, Head of Agribusiness at MoTAI, emphasized the importance of
coordination:
“Our agribusiness sector has long operated without a unified direction.
This policy will provide a roadmap to guide investment, value addition, and job
creation.”
A Renewed National Vision
This regional dialogue follows the National Agribusiness Dialogue held
in Accra in July 2025, which was attended by President John Dramani Mahama and
Minister Elizabeth Ofosu-Adjare. That high-level meeting reaffirmed Ghana’s
vision to make agribusiness a key engine of food security, employment, and
economic transformation.
With annual food losses almost equal to the nation’s import bill, the
message from Kumasi was clear: Ghana cannot continue to lose what it could feed
its people with.
Conclusion: Time to Act
Ghana’s post-harvest losses are more than just wasted crops — they
represent lost income, jobs, and opportunities for millions. The country has
the knowledge, talent, and potential to change this narrative, but it requires
bold investment, strong policy coordination, and sustained political will.
If Ghana commits to transforming its food systems today, the benefits
will go far beyond saving lost harvests — they will secure a more resilient and
self-sufficient future for all.
Date: October 12, 2025
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