Tree Crops Development Authority tightens regulation of tree crop trade, targets $10bn sector

The Tree Crops Development Authority (TCDA) has announced a stricter regulatory regime for Ghana’s tree crop sector, warning that buying below statutory floor prices, trading without an operational licence and fronting for foreign entities could lead to arrest and prosecution.

He clarified that foreign investors were welcome to establish local processing factories and purchase produce directly to create jobs, but were not permitted to enter rural markets to aggregate raw nuts.

Foreign trading and ‘fronting’ Deputy CEO in charge of Operations, Dr Rich Kofi Kofituo, urged local communities and producers to report unauthorised foreign nationals allegedly entering rural communities to buy and aggregate tree crop commodities.