SADA Business and Investment Forum - March 2015 SADA DISTRICTS’ AGRIBUSINEss INVESTMENT OPPORTUNITIES Map data ©2015 Google USAID Financing Ghanaian Agriculture Project This publication was prepared for the United States Agency for International Development by CARANA Corporation SADA Districts’ Agribusiness Investment Opportunities INTRODUCTORY MESSAGE BY SADA CEO It is my great pleasure to welcome you to the SADA One of the key outcomes of the SABIF 2015 is the Business and Investment Forum (SABIF) 2015. I am also very establishment of the SADA Investment Council that will carry on delighted that in conjunction with the USAID-Financing Ghanaian the task of deepening and enhancing business ties between the Agriculture Project (USAID-FinGAP), we are able to present to private sector, government institutions and traditional authorities you concrete investment agribusiness investment opportunities in the SADA zone, particularly in mobilizing local and foreign in the Northern Savannah Ecological Zone (NSEZ) of Ghana. direct investment across the SADA Zone towards creating shared prosperity for the people. The Savannah Accelerated Development Authority (SADA) is an independent agency established by an Act of Parliament That is the spirit behind the investment opportunities for coordinating a comprehensive development agenda for presented in this booklet; to present a basis for both private the Northern Savannah Ecological Zone in Ghana. The area and public sector investors to begin the process of realizing their comprises the three Northern regions of Ghana namely, Upper investment dreams. East, Upper West and the Northern Region, and stretches to include districts contiguous to the Northern region that are SADA as an authority stands ready to support every investor; located North of Brong-Ahafo and north of the Volta region. to work with other state organizations to navigate the necessary The SADA Zone occupies about 40% of Ghana’s land area and regulatory processes to be able to realize their vision of investing 30% of the population. in the SADA Zone. Please feel free to contact the SADA office and the Assemblies profiled here for further questions as you The vision of SADA, is to see a transformed Northern begin your investment process. Savannah Ecological Zone; a place of opportunity and free from poverty. SADA aims to achieve this vision through coordination, Thank you and best wishes collaboration and facilitation. SADA’s key values are Sustainability; Professionalism; Integrity & Accountability; Respect for Diversity Charles A. Abugre, CEO & Gender; Impact and; Trust. SADA SADA programs include Agricultural Modernization; Infrastructure and Irrigation Development; Development of Manufacturing and Industrial Zones; Mining and Natural Resource Development; Urban Modernization; Investment Promotion and; Business Facilitation. The purpose of SABIF 2015 is to facilitate and promote multi-stakeholder investment policy dialogue and business matchmaking opportunities. The primary objective of the SABIF is to contribute positively to the process of business and investment cooperation and ensure that transactions at the forum are translated into concrete actions by SADA officials and private sector participants. 2 SADA Districts’ Agribusiness Investment Opportunities INTRODUCTORY MESSAGE BY USAID-FINGAP I am very happy to present to you some of the key USAID-FinGAP, managed by CARANA Corporation agribusiness investment opportunities in the Northern Savannah with implementing partner Connexus Corporation, is a five- Ecological Zone of Ghana. Thanks to the collaboration with the year program with the goal of increasing access to finance and Savannah Accelerated Development Authority (SADA), USAID- investment in the soy, rice and maize sectors in the North of Financing Ghanaian Agriculture Project (USAID-FinGAP) is Ghana, and improving ancillary services so that agribusiness firms poised to facilitate significant investment into agribusinesses in can operate at full capacity and expand levels of food security in Ghana. the country. As part of the Feed the Future program, the project contributes to USAID’s overall goal of fostering broad-based, The Northern Savannah Ecological Zone , defined as the area sustained and inclusive economic growth in Ghana. north of the 8th parallel, constituting the regions of Northern, Upper East, Upper West and some parts of Brong Ahafo and USAID-FinGAP addresses a key constraint restricting Volta regions, is Ghana’s “breadbasket”. The Zone is the principal the development of commercial agriculture and obtaining full source of most of the nation’s rice, soy beans, maize, millet, food security in Ghana – access to finance necessary to enable sorghum, yam, tomatoes, cattle, sheep, goats and cotton to investment in agricultural value chains. USAID-FinGAP uses Ghana’s largest markets in the South, to Kumasi the capital of the a comprehensive approach to facilitate agriculture related Ashanti region, and to Accra, Ghana’s capital. Additionally there investment, engaging a broad range of Ghanaian Financial is significant trade between Ghana and its immediate neighbors Institutions (banks, private equity firms, leasing companies, Burkina Faso to its North, Togo to its East, Côte d’Ivoire to its investment funds, insurance, etc.) in providing agriculture West and other West African countries. oriented financing, in partnership with strategic investors and buyers of rice, maize and soy beans in Northern Ghana. USAID- Arable land is abundant in Ghana’s North and is relatively FinGAP also facilitates investment in the agriculture sector in unpopulated compared to the rest of the country. A two-lane Ghana to complement other Government of Ghana (GOG) and highway in relatively good condition and generally uncongested donor programs aimed at expanding commercial agriculture. is the main physical infrastructure supporting North-South trade. Lake Volta, formed after the Akosombo Dam was completed One of the key strategies of USAID-FinGAP is the promotion in 1965, provides hydroelectric power for Ghana, as well as for and realization of Public Private Partnership (PPP) investments neighboring Togo and Benin and is another major transportation in Agribusiness in Ghana as the key means to developing the route from North to South Ghana, providing a waterway for agriculture sector. The investment opportunities presented in this ferries and cargo watercraft which provide good opportunity to booklet have been put together to provide investors looking to enhance water transport to facilitate transportation of goods to invest in Ghana’s agricultural sector the starting point to engage and from northern Ghana. with SADA and the respective districts and USAID-FinGAP. Tamale, the largest city in Ghana’s North situated near USAID-FinGAP is the clearing house for agribusiness agricultural production areas is developing into a major investment in Ghana. We have a network of financial institutions commercial agricultural center. Its location is ideal for serving and business advisory service providers who can make you realize as an aggregation/warehousing point and transport center your dreams. Come see us and you will find out more. to export routes north into Burkina Faso and other Sahelian countries, as well as south to the major centers of Kumasi and Best Wishes Accra. Tamale is located at the northern edge of Lake Volta, from where it can expedite transportation of agricultural products via Rick Dvorin, Chief of Party two southern routes: to Kumasi down the western side of Lake USAID-FinGAP Volta, and to Accra/Tema on the eastern side of the lake. 3 SADA Districts’ Agribusiness Investment Opportunities TABLE OF CONTENTS SADA BUSINESS AND INVESTMENT FORUM - MARCH 2015 ............................................. 1 IntroductorY Message BY SADA CEO ....................................................................................................................................2 IntroductorY Message BY USAID-FINGAP .............................................................................................................................3 BRONG AHAFO REGION .......................................................................................................... 6 KINTAMPO NORTH MUNICIPAL (KIMA) .........................................................................................................................................7 KINTAMPO SOUTH DISTRICT ...........................................................................................................................................................8 PRU DISTRICT .......................................................................................................................................................................................9 SENE WEST DISTRICT .......................................................................................................................................................................10 TAIN DISTRICT ...................................................................................................................................................................................11 NORTHERN REGION .............................................................................................................. 13 BUNKPURUGU YUNYOO DISTRICT ..............................................................................................................................................14 CENTRAL GONJA DISTRICT ............................................................................................................................................................15