President Addan Dankwa Akufo-Addo, President of the Nano Addo Dankwa Apoo-Addo, launched a farm-to-farm exchange program Gana (GCX) on Tuesday, November 6, a platform for creating a market for agricultural products under the supply and demand law.
About one million farmers will be integrated into the GCX and its enclosed warehouse over the next 18 months. The Genoese peasants would have access to warehousing insurance for their crops and good storage management practices.
On the sidelines of launching this community, President Akufo-Addo said the GCX would be one of the main drivers of the government's government's realization of becoming the agricultural center of West Africa. He added that although the Ghana peasants were responsible for feeding about 29 million people, they were not sure to guarantee guaranteed income for their work and efforts.
On the other hand, some of them have to deal with the volatility of commodity prices, and many have little or no knowledge of the real value of their products. Worse still, most transactions in the agricultural sector are word or negotiation agreements. In most cases there is no formal contractual agreement, resulting in trade disputes that undermine our marketing system, "he said.
Ghana Commodity Exchange is expected to create some 200,000 jobs for farmers and value chain traders, Finance Minister Ken Ofori-Atta said.
"Creating about two hundred thousand jobs in highly qualified and unqualified sectors will be open to merchants of merchandise, data analysts, risk managers, management consultants, merchants, lenders, among others, winnowers, repackers and shipping companies, among others," the minister said.
GCX, the first modern commodity exchange in Ghana and West Africa, aims to link producers and customers of agricultural products and commodities and enable them to exchange goods. quality and standardized to enable them to get the full measure of their wealth.