Some months ago, The Ghana Private Sector Competitiveness Programme II (GPSCP II), conducted a due diligence visit to 24 processing companies specialising in cashew and oil palm in the Greater Accra, Central, Eastern and Bono Regions of Ghana. This initiative is a key component of the Programme’s Development Partnership with the Private Sector (DPP) Grant Fund processes.

The DPP Fund serves as a co-financing facility that provides grants and technical assistance, tackling the long-standing issue of access to finance 💸 that has hindered the growth of agribusinesses in Ghana for decades. This initiative aims to support and co-finance private sector projects focussed on enhancing processing, establishing market connections, providing services such as certification and quality assurance, and fostering skills development within the cashew and oil palm value chains. 🌱 By doing so, it creates an opportunity for inclusive and sustainable growth, boosting trade and increasing the competitiveness of the private sector.

The structure of the Fund empowers private sector companies and associations to take the lead in enhancing their own capabilities, efficiency, and sustainability as they seek funding to address critical challenges that affect their competitiveness. 📈

The processing facilities that were visited expressed a strong need for comprehensive support in several key areas to improve their operational efficiency and competitiveness in the market. They specifically sought assistance with business development services, certifications, training and equipment. ✅

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