Ghana to get four new shea butter processing factories this year

Government will through the Trade  Ministry this year establish four new modern shea butter processing facilities in the country.

This will be done in collaboration with the African Development Bank and the Rural Enterprise Programme, the initiative will fall under governments one district, one factory programme.

According to a study by LMC International, shea exports have increased from fifty thousand metric tons to more than 350 thousand metric tons annually over the last 20 years.

The growth is due to increased utilization of shea in global food and cosmetic markets. The increased exports are delivering every year 200 million USD in direct and indirect income for shea producing communities.

Ghana currently has 5 shea processing factories with over 150 thousand metric tons in installed capacity.

Speaking at the 12th International Shea Conference in Accra, Minister for Trade and Industry, Alan Kyremateng said government will continue to roll out initiatives that will make Ghana a leader in shea production.

Read also: Greenstreet to use shea butter, cotton, cashew & almond to transform GH’s North

“Government in collaboration with the African Development Bank and the Rural Enterprise Programme will be establishing 4 new modern processing facilities under the one district, one factory initiative”, he stated.

He added, “The facilities will be owned and managed by organized youth groups as part of the Enable Youth programme”.

 

www.primenewsghana.com/ Ghana News