Nigeria tycoon Elumelu sees $15bn project pipeline for West Africa
Nigerian tycoon Tony Elumelu is part of a team considering a $15 billion pipeline of investment projects across West Africa
Fairtrade Africa's Cocoa Hubs Project is enhancing rural service centers in Ghana's cocoa-growing regions. The initiative focuses on empowering Village Savings and Loans Associations (VSLAs) by providing digital data collection skills to facilitators in cocoa-growing communities. This shift towards climate-conscious, paperless operations aims to collect real-time data to better serve rural farming communities.
The project targets 21 Rural Service Centres (RSCs) in six key cocoa-producing regions: Ashanti, Eastern, Central, Western North, Ahafo, and Bono. Implemented by Fairtrade Africa in partnership with Tropenbos Ghana and supported by the Netherlands Embassy, the RSCs serve as community-based agricultural enterprises connecting smallholder farmers with resources such as agricultural inputs, farm management support, mechanisation, financial services, training, and direct market access.
The primary goal of the project is to strengthen the institutional, operational, and financial capacities of RSCs, transforming them into self-sustaining, commercially viable rural enterprises. Village Savings and Loans Associations have been established to pool resources among farmers, who govern their own savings and loan systems.
The project has also trained professional facilitators to represent these RSCs, ensuring long-term success.
Written by urgent.news from MyJoyOnline Ghana's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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