The Ghana Incentive-Based Risk-Sharing System for Agricultural Lending Project (GIRSAL) has announced that the export of Chilli pepper from Ghana is projected to generate over $30 million in revenue for the government within the next three years.
This projection is attributed to an initiative to train farmers to cultivate 30 hectares of Chilli peppers for export. The farmers will receive training to ensure they meet the necessary quality standards for export.
In a press conference, GIRSAL’s Chief Operating Officer, Samuel Yeboah, stated that the initial phase of the project is expected to yield $3 million in revenue for the country.
He emphasized that the participating farmers will enhance their skills, learning to produce chilies under safe conditions more effectively, enabling them to scale up their production significantly.
Yeboah noted that the first phase alone is anticipated to contribute approximately $3 million to the national economy, with hopes of achieving over $20-30 million from chili exports within the next three years.
This initiative is in line with the government’s accelerated export development strategy, and GIRSAL plans to collaborate with government agencies to realize this objective.