Techiman market will no longer be competitive if infrastructure is not improved.
Photo: © M. Plewa

11.06.2013

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Representing 30 per cent of Ghana’s formal trade in maize, the Techiman market serves as the main cereals trade platform within the country and the sub-region. However, its role in the region’s economic development is threatened by several shortcomings. The Municipal Assembly and the Techiman traders have therefore launched an innovative public-private initiative to upgrade the maize market infrastructure.

As Ghana's most widely consumed staple crop, maize accounts for 50–60 per cent of the country's overall cereal production and contributes significantly to food security and rural incomes. While involving about 1.6 million largely small-scale producers, a considerable workforce is also employed and income generated at the upstream and downstream ends of the value chain. Even if per capita consumption (except subsistence) is set to decrease due to changing consumption patterns of the rapidly growing middle-class urban population, aggregate human consumption of white maize is likely to remain stable with population growth offsetting shifting demand trends. But rising industry demand for the production of starch, grits, flour, fermented dough and animal feed (yellow maize) will contribute to an overall growth rate in demand of an estimated 2.6 per cent per year. Furthermore, Ghana holds the potential of becoming a breadbasket for neighbouring Sahel countries.
It is against this background that maize has been selected as one of the strategic commodities for support under the Government of Ghana Food and Agriculture Sector Development Policy (FASDEP II) that frames the country’s obligations under the Comprehensive Africa Agriculture Development Programme (CAADP) Compact signed in 2009.

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