Business News of Monday, 21 October 2024
Source: Citi News
Kwaku Boateng, Director of the African Coconut Group, urged young people to explore opportunities in the coconut industry, highlighting government initiatives like the Coconut Revitalization Programme and Planting for Export and Rural Development (PERD) as support for business growth.
Speaking ahead of the 4th International Coconut Festival in Accra, he emphasized the sector's potential to create significant employment, stating it could employ up to one million Ghanaians.
The festival, themed “Empowering Lives Through Coconut — Innovation, Employment, and Sustainable Livelihoods,” includes trade exhibitions and mentorship sessions, showcasing the economic contributions of the coconut sector, which earned over $12 million in 2022.