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in Agribusiness

TCDA Leverages L.I. 2471 to Halt Raw Agro-Exports at London Summit

Silas Kafui Assemby Silas Kafui Assem
June 3, 2026
Reading Time: 5 mins read
Dr. Andy Osei Okrah, TCDA CEO, at the Ghana-UK Investment Summit 2026

Dr. Andy Osei Okrah, TCDA CEO, at the Ghana-UK Investment Summit 2026

On the second day of the Ghana-UK Investment Summit 2026, the Tree Crops Development Authority (TCDA) presented a comprehensive restructuring of the country’s agricultural economy before an international audience of global agribusiness leaders, institutional investors, diplomats, and senior government officials.

Speaking during a high-level panel discussion, the Chief Executive Officer of the TCDA, Dr. Andy Osei Okrah, detailed the country’s strategic pivot away from the practice of exporting raw, unrefined commodities.

The Authority noted that it is actively executing an industrial transformation model to capture maximum value within the domestic economy across the six tree crops placed under its regulatory mandate and retain processing margins within national borders, transforming primary agricultural production into a sustainable driver of industrial growth and formal employment.

“This industrial pivot is structurally anchored within the broader economic policy matrix of the state. Dr. Okrah explicitly informed global investors that the TCDA’s current market interventions are aligned directly with the ‘Resetting Agenda’ of H.E. John Dramani Mahama.

“Under this executive directive, the state is treating agricultural transformation not merely as a rural development tool, but as a primary macroeconomic driver engineered to stabilize the national economy, expand industrial manufacturing output, and generate sustainable, formal employment opportunities across the sub-region”

Tree Crops Development Authority

The primary legal mechanism driving this structural reset is the enforcement of the TCDA Directives, which are fully backed by Legislative Instrument (L.I.) 2471. Dr. Okrah emphasized that these directives establish a strict statutory framework to support local processing companies under Ghana’s “Feed the Industry” initiative.

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Ghana UK Investment Summit 2026
Ghana-UK Investment Summit 2026

Under this legal mandate, the Authority enforces a mandatory reservation requirement, ensuring that 50 percent of all raw tree crop materials produced within the country are held exclusively for domestic processors, addressing a vulnerability where local manufacturing plants face severe raw material shortages due to the unchecked export of primary commodities by external buyers.

The TCDA boss described erecting this legislative barrier against total raw material flight, as providing a legally protected supply chain for internal agro-processors and incoming international joint ventures. The enforcement of L.I. 2471 signals a permanent shift in how the state manages its agricultural resources.

Access to primary commodities is now structurally tied to domestic industrial capacity, ensuring that investments in local factories are protected by a guaranteed baseline of raw inputs. This legal framework forms the bedrock of the state’s value-addition strategy, using regulatory power to foster local enterprise development and secure sustainable jobs.

Capital Allocation and Industrial Targets

To match this rigorous regulatory framework, the TCDA outlined specific, large-scale industrial interventions across the separate crop sectors placed under its jurisdiction. In the oil palm sector, the Authority is overseeing an aggressive expansion program designed to rapidly elevate national production capacity.

The government’s targeted plan involves the establishment of 100,000 hectares of new oil palm plantations across the country.

To provide the necessary liquidity for an expansion of this magnitude, the state has proposed a $500 million financing facility, which is specifically structured to fund primary plantation development and build localized processing mills capable of handling the increased agricultural output.

Ghana UK Investment Summit 2026 1
Ghana-UK Investment Summit 2026

Additionally, the rubber sector is being restructured to combine environmental rehabilitation with high-value industrial manufacturing, as the TCDA drives production increases by reclaiming degraded lands and converting them into productive rubber plantations.

The long-term industrialization strategy for this sub-sector moves entirely past the export of raw latex sheets, focusing instead on the direct establishment of domestic factories designed to process rubber into finished industrial goods, specifically including the manufacturing of vehicle tires.

The TCDA’s market strategy also focuses on optimizing processing efficiency within the cashew and shea value chains to tap into highly lucrative global markets. In the cashew sector, the Authority announced that is targeting comprehensive value creation by eliminating systemic biomass waste.

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Dr. Okrah demonstrated that the cashew apple – a substantial agricultural by-product that is traditionally discarded during the nut harvesting process – is being integrated into the commercial supply chain to be systematically processed into commercial juices, beverages, and other marketable derivatives, creating an entirely new revenue stream from pre-existing crop yields.

In the shea sub-sector, the state is aligning its domestic refining standards to capture an expanded share of an escalating international market, with industry projections indicating that the global shea market is on track to reach a total valuation of $5.5 billion by the year 2033. 

Concluding his brief before the international delegation, Dr. Andy Osei Okrah extended a formal invitation to sovereign wealth funds and private agribusiness conglomerates to establish permanent capital investments within the country’s tree crops sector.

Dr. Andy Osei Okrah TCDA CEO on a Panel Discussion at the Ghana UK Investment Summit 2026
Dr. Andy Osei Okrah, TCDA CEO, on a Panel Discussion at the Ghana-UK Investment Summit 2026

The TCDA chief stated that the underlying commercial environment is highly favorable for long-term corporate asset allocation, characterized by strong policy stability, an investor-friendly regulatory climate, and an explicit, top-down commitment to absolute agricultural transformation.

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Tags: Dr. Andy Osei OkrahGhana-UK Investment Summit 2026TCDATCDA CEOTree Crops Development Authority
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