{
  "id": 4541697,
  "title": "24-Hour Economy Secretariat brokers $270m poultry project to cut chicken imports",
  "url": "https://urgent.news/2026/08/30/24-hour-economy-secretariat-brokers-270m-poultry-project-to-cut",
  "topic": "business",
  "section": "Business",
  "published": "2026-08-30T22:39:00.000Z",
  "source": {
    "name": "Joy Business",
    "slug": "joy-business",
    "url": "https://www.myjoyonline.com/24-hour-economy-secretariat-brokers-270m-poultry-project-to-cut-chicken-imports/"
  },
  "original_language": "en",
  "account": "The 24-Hour Economy and Accelerated Export Development Secretariat in Ghana has facilitated a US$270 million investment deal aimed at enhancing the country's poultry industry, reducing imports, and bolstering food security. The agreement, signed on Thursday in Accra, involves parties such as the Tony Blair Institute, Agrium Capital, Petra Pension Trust and Axis Pension Trust.\n\nCurrently, Ghana consumes around 340,000 tonnes of chicken annually but imports the bulk of its supply, amounting to 270,000 tonnes annually, at an annual cost of approximately US$400 million in foreign exchange. Despite possessing the resources, entrepreneurial spirit and market demand to foster a robust domestic poultry sector, the nation continues to allocate significant funds towards imported chicken.\n\nThe Heads of Terms agreement, brokered by the 24-Hour Economy Secretariat, is a crucial step towards constructing an integrated poultry value chain, encompassing feed production, hatcheries, commercial farming, processing, cold-chain infrastructure and distribution. This investment, expected to take between 10 to 12 months, will address all key areas of the poultry ecosystem.\n\nThe project's implementation will not only create thousands of direct and indirect jobs, particularly for young people and women in agriculture and agribusiness but also stimulate rural economic development by attracting complementary industries and enhancing local participation in the poultry industry. In addition to employment generation, the initiative will contribute to import substitution, environmental sustainability, skills development among the youth, and improved nutrition through the availability of locally produced poultry products.",
  "summary": "The 24-Hour Economy and Accelerated Export Development Secretariat has brokered a US$270 million investment agreement to revitalise Ghana’s poultry industry, expand domestic production and reduce the country’s dependence on imported chicken.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "MyJoyOnline Ghana",
        "title": "24-Hour Economy Secretariat brokers $270m poultry project to cut chicken imports",
        "url": "https://urgent.news/2026/08/30/24-hour-economy-secretariat-brokers-270m-poultry-project-to-cut-4548474",
        "published": "2026-08-30T22:39:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}