US investors are betting on Ghana’s appetite for dairy products

desmond frimpong

August 13, 2018 12:32 PM

According to a report by the Global Agriculture Information Network (GAIN), Ghana’s Ministry of Food and Agriculture (MOFA) accepted a USDA-proposed Veterinary Health Certificate for the export of cattle from the United States to Ghana in June 2018.

Ranchers from the US are readying to commit 4,400 heads of cattle to the Ghana dairy market due to their expressed interest.

Investors from both local and international markets are looking forward to establishing a commercially productive domestic herd in the West African country.

Local media say the Chief Veterinary Officer of MOFA, Dr Kingsley Micky Aryee, confirmed that the process is currently at the proposal stage

This bilateral protocol paves the way for suppliers and investors, who are keen to develop domestic cattle and dairy industries in Ghana.

In 2017, Ghana imported an estimated $90 million in dairy and dairy products, of which the United States held a 1.5 percent market share.

Most imports from the European Union (EU), the largest supplier with a 67 percent market share in 2017, consisted of Ultra High-Temperature (UHT) pasteurised milk.

desmond frimpong