A 200-acre avocado plantation is under cultivation in Abuakwa in the Eastern Region, the first phase of an agro-processing project under the One-District-One-Factory (1D1F) programme.
Project champions, Akuapem Gold Agro Processing Limited, has targeted to cultivate 2,000 acres of three varieties of avocado within the next year and scale it up to 10,000 acres within the next five years
The construction of the factory, the second phase of the agro project, has started. The factory will have a processing capacity of six to eight tonnes per hour, according to the Chairman of Akuapem Gold, Albert Wilson.
On Monday, May 20, Okyehene, Osagyefuo Amoatia Ofori Panin, led top dignitaries in the agric-value chain to inaugurate the avocado cultivation and process project.
Minister for Agriculture, Dr Owusu Afriyie Akoto; National Coordinator of the 1D1F, Gifty Ohene-Konadu; CEO of the Middle Belt Development Authority, Joe Danquah among others were among those present.
Speaking at the project inauguration, Mr Wilson said the long-term objectives of the wholly-owned Ghanaian company fits within the targets of the government’s 1D1F programme.
“The project rationale is many folds and the realization of the corporate goals of Akuapen Gold will mean a significant contribution to the social economic development of Ghana.
“Among the several significant benefits that nation will derive from the company are: employment generation both direct and indirect, assured market for similar crop producers within the catchment area and beyond poverty reduction, positive impact of our inter-crops for the food security needs of the country, sustainable foreign exchange reserves from exports, contribution to the training of rural youth in agriculture…the aggregate of all these contribute to real development,” he said.
The project is expected to create least 5,000 direct and indirect jobs when it becomes fully functional.
The siting of the project in Abuakwa in the Eastern Region, Mr Wilson explained is because of the favourable agro-environment for the cultivation of avocado.
The Agric Minister said avocado, which he called “a wonder crop” is fast gaining a reputation as a new commercial crop globally and touted the Abuakwa avocado project as timely.
“Avocado is a crop of the future…the total of world trade in avocado is over $16 billion and it’s growing at a very fast rate at nearly 10% per annum,” the Minister said.
Akuapem Gold’s avocado cultivation and processing project is being funded by Ghana Exim Bank
1D1F progress so far
According to figures presented by the government, some 181 factories have so far been rolled out under the 1D1F programme since its launch in 2017.
Fifty-seven of them are currently operating, while 22 are still under construction. Government says 33 factories that are being financed by seven local banks will commence implementation before the end of 2019.
Another 56 being small-scale processing facilities and financed by the African Development Bank (AfDB), will commence before the end of 2019. $200,000 has been earmarked for each of the 56 projects.
The 56 small-scale processing facilities will be owned by youth groups who will be trained to manage the facilities.
“I Haven’t Regretted Investing In Music. – NAM 1
CEO of Zylofon Music Nana Appiah Mensah aka NAM 1 has emphasised that he has no regrets venturing into the music industry.
He stated that as a business person he made a business decision not to benefit right away but to help grow it for generational value.
NAM 1 was answering questions from media men & women at a press conference to address the well-publicized issues surrounding his institutions.
After its founding, Zylofon Music signed top music artistes Stonebwoy, Shatta Wale, Becca, Highlife act Kumi Guitar, rapper Kumi Guitar and gospel musician Joyce Blessing.
Caroline Esinam Adzogble Appointed Ambassador Of GOA Institute Of Management To Africa.
Study abroad programs have long been focused in Europe & the USA, leaving out great opportunities on other continents, especially Asia and more precisely the country of India. In a move to change this narrative; The GOA institute of management have appointed Caroline Esinam Adzogble as African ambassador; a role that will see her champion study opportunities at the GOA institué of management, to students all across Africa.
Caroline Esinam Adzogble; a seasoned Educational consultant and a champion for better educational opportunities across Africa, adds this to her many achievements in the sector of education across the continent.
The role she says will come with scholarship opportunities for potential post graduate students across Africa; A chance to further your education in a university that gives you first hand opportunities to work and study at the same time.
After 5 years of running educational consultancy services under her firm ‘IAES’ in Ghana, Caroline makes this new move under the International University Services; an educational firm based in Europe.
The GOA institute of management; is a top ranking postgraduate university in the GOA province of India. Interested students can email [email protected] or visit the IUS website www.theiuservices.com for more information about it’s partnerships with global universities.
Mike Tyson’s 420-Acre Weed Ranch Rakes In $500K A Month.
Mike Tyson is building a cannabis empire and soaking up ever blissful moment of it, literally. The weedtrepreneur recently revealed on his star-studded podcast that he and his crew basically smoke 10 tons of weed every single month at his marijuana resort, Tyson Ranch.
ICYMI: 52-year-old Mike Tyson is living a retired man’s dream! After putting up his boxing gloves, Mike made a swift career change, buying 420-acres of land in California City to run a company called The Ranch Companies, which specializes in all things weed.
According to GQ, Tyson and his company are working on breaking ground on Tyson Ranch. The ranch will serve as a luxury weed resort and “there are plans for a luxury hotel and retail stores and facilities for glamping, an amphitheater for concerts, and Tyson University, where experts will teach cannabis-cultivation techniques to future farmers.
"The proposed plans for Tyson Ranch, Mike Tyson's luxury weed resort.
On his most recent episode of his podcast, Hotboxin' with Mike Tyson, Mike and his co-host, Eben Britton, sat down with Jim Jones to talk about both Mike and Jim’s booming weed businesses. When Mike asked his co-host how much weed he thinks they smoke at their ranch, Eben said, “We smoke 10 tons of weed at the ranch every month,” in which Mike responded, “That’s like $40K.” We were just as surprised as Jim Jones to hear that lofty number!
The former rapper also revealed in the video that he once spent $7 million on a diamond chain! If you were wondering how much dough Mike is raking in from his weed business, he's approximately selling $500,000 worth of cannabis products every month. So it makes sense that they can smoke that much weed and lofty jewelry.
The former fighter went on to dish about his budding weed resort, saying, “We gon’ make this like an oasis in the desert, man.” While you wait in anticipation for Mike Tyson to break ground on his stoner paradise, check out his website here!
“Menzgold To Possibly Rebound Soon. – Nana Appiah Mensah
Chief Executive Officer (CEO) of Menzgold Ghana Limited, Nana Appiah Mensah popularly known as NAM 1 has stated that, he will dissertate on the recent developments and state of affairs of the gold dealership entity and his subsidiary companies to the Ghanaian traditional mass communication (broadcasting, publishing, and the Internet) media regarded collectively.
With the location yet to be made known to public, the event is scheduled for Monday, 19th August, 2019 and and has the objective of providing final practical resolutions to all pending teasing, indistinct matters that impeded and retarded the progress of the firm, assuring that, the action of solving the contentious Menzgold fracas will result to a highly possible rebound soon of the gold dealership firm.
He made this statement, Wednesday, 14th August, 2019 via his twitter handle.
Nana Appiah Mensah, was sued for defrauding by false pretences, money laundering, abetment and carrying on deposit-taking business without licence contrary to Section 6 (1) of the Banks and Specialised Deposit-taking Institutions Act. He was accused for illegally obtaining an estimated GHS1.68 billion from his customers.
According to the charge sheet, the money was from 16,000 people who invested a total of GHc1,680,920,000 in the company. The sheet indicated that Mr Appiah Mensah’s two companies — Brew Marketing Consult and Menzgold Ghana Limited; represented by him, have also been charged with defrauding by false pretence.
He arrived in Ghana on July 11, 2019, where he was picked up by security operatives at the Kotoka International Airport and sent to the Criminal Investigations Department (CID) of the Ghana Police Service for interrogation after spending several months in Dubai in another legal battle.
Nana Appiah Mensah was released from police custody on August 5 after he met the reviewed bail conditions. He secured his freedom on bail after his lawyers managed to meet the bail conditions set by an Accra circuit court. The court had initially set bail at ¢1 billion with five sureties.
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