...banf

The five-year, approximately $547 million Millennium Challenge Compact aims at reducing poverty by raising farmer incomes through private sector led, agribusiness development. To this end, the Program focuses on increasing the production and productivity of high-value cash and food staple crops in certain areas of Ghana, and on enhancing the competitiveness of Ghana’s export base in horticultural and other traditional crops.

Agriculture is the backbone of Ghana’s economy; it accounts for approximately 40 percent of the country’s gross domestic product, directly employs approximately 60-70 percent of the labor force, and generates more than 55 percent of foreign exchange earnings.

The MCA Ghana Program will operate in 30 Districts in the Northern Zone, the Afram Basin and the Southern Zone, where poverty rates are generally above 40 percent. In fact, in the Northern Zone and parts of the Afram Basin, the incidence of poverty in the rural population is as high as 90 percent, with incomes below $2 a day.

The MCA Ghana Program consists of three projects: Agriculture Project,Transportation Project and Rural Development Project. >>read more


Copyright 2009 MiDA| |Contact MiDA