About KOICA FBC/FBO Project
The Capacity Development of Farmer-Based Cooperatives and Farmer-Based Organizations (FBCs/ FBOs) in Northern Ghana Project is funded by the Government of the Republic of Korea through Korea International Cooperation Agency (KOICA) and has an overarching goal of improving the standard of living of rural farmers in the three northern regions of Ghana. The project, implemented in collaboration with Ministry of Employment and Labour Relations (MELR) and Department of Cooperatives (DOC) began in 2017 with a grant aid of 6,180,000 U.S. dollars to be disbursed over a 42-month period.
Why the FBC/FBO Project?
Agriculture accounts for 18.9% of Ghana’s GDP (World Bank – 3rd Ghana Economic Update 2016) and employs 41% of the nation’s workforce (ILO – 2017). The Government of Ghana recognizes the roles farmer-based cooperatives (FBC) and farmer-based organizations (FBOs) play as far as national food security is concerned. Furthermore, the success of the government’s flagship programs in the agricultural sector depends to a large extent on the output of these groups.
The FBC/FBO Capacity Development Project exemplifies the bilateral and friendly relations between Korea and Ghana and thus the appropriateness of the project’s goal of improving the quality of life of rural farmers. This goal will be achieved through close collaborations between KOICA, MELR, DOC and various partners in public and private sectors. Particular efforts will be made to ensure FBCs/FBOs build their organizational capacities as viable economic entities in a manner that will ensure their sustainable growth.
About KOICA and the Implementing Partner:
The Korea International Cooperation Agency (KOICA) was established in 1991 by the South Korean Ministry of Foreign Affairs and Trade as a governmental organization for Official Development Assistance (ODA) to enhance the effectiveness of South Korea’s grant aid programs for developing countries by implementing the government‘s grant aid and technical cooperation programs.
KOICA Ghana Office and the Project Management Services (PMS) supervise the FBC/FBO Project and provide support through a local Implementing partner, Association of Church-based Development Projects (ACDEP) in northern Ghana.
Please read full story here and click below for first quarter achievements for 2018.