Ghana government pledges support for rubber industry - Ghana Business News

The Ghanaian government has committed to bolstering the country's rubber industry, recognizing its potential for economic growth and job creation. This initiative was highlighted during a recent meeting with stakeholders in the sector, where officials acknowledged the industry's challenges, including access to funding and modern agricultural practices. The government plans to implement strategies aimed at improving production techniques and enhancing market access for local producers.

Officials emphasized the importance of collaboration between public institutions and private entities to foster innovation and sustainable practices within the industry. By supporting research into high-yield rubber varieties and promoting investment in processing facilities, Ghana aims to increase both local consumption and export capacity. The government’s pledge reflects a broader strategy to diversify the economy beyond traditional exports like cocoa, positioning rubber as a key player in Ghana’s agricultural landscape. Stakeholders expressed optimism about this commitment, believing it could lead to significant advancements in productivity and profitability within the sector while contributing positively to rural development efforts across the country.