The festival which is themed: “Invest in Ghana’s Coconut Sector for an Inclusive Climate and Social Resilience,” was officially launched in August this year at the La Palm Royal Beach Hotel in Accra.
Deputy CEO of GEPA, Albert Kassim Diwura, expressed GEPA’s commitment to supporting the coconut industry stakeholders in achieving the targeted US$2.8 billion in annual export revenue by 2029.
He expressed confidence that the Coconut Festival would advance the coconut agenda and encourage investment in the sector.
“In 2017, GEPA initiated the Coconut Revitalization Programme, aimed at bolstering the supply capacity of the coconut value chain and breathing new life into a previously struggling sector. This thee-day event is also intended to encourage more Ghanaians to venture into the coconut sector and boost production and exports,” he said.
The 3rd edition of the International Coconut Festival is a collaborative endeavour involving the African Coconut Group, the Western Regional Coordinating Council, GEPA, SOLIDARIDAD, and the Tree Crop Development Authority (TCDA).
This year’s festival features a range of activities, including seminars, mentorship programmes for young entrepreneurs, farm visits, and dedicated sessions for women involved in the coconut industry.
The Minister of Food and Agriculture, Bryan Acheampong, is expected to deliver a keynote address. GEPA CEO, Dr. Afua Asabea Asare, TCDA CEO William Quaittoo, and Western Regional Minister Kwabena Okyere Darko-Mensah will also address the audience.
In 2019, GEPA partnered with ACG to hold the first-ever International Coconut Festival in Ghana, which brought together exhibitors as well as major players to promote the coconut business.
The government of Ghana added coconut to the Tree Crop Development Authority (TCDA), established in 2019 and mandated to develop and regulate the production, processing, marketing, and export of coconut and other selected tree crops.
The non-traditional export figures for 2022 indicated the coconut sector’s substantial economic contribution. Notably, earnings from both fresh and processed coconuts reached US$6.3 million and US$6 million, respectively.