Steaman Group Ltd has acquired over two – thousand acres of land at Teacher Mantee – Kyekyere, Ayensuano districts on the eastern part of Ghana, West Africa. This land has been acquired for the purposes of mixed farming and animal husbandry.
Progress to date
We have so far planted crops such as cocoa, maize, cassava, plantain, yam, oil palm and fruits such as oranges, pawpaw (papaya) and pineapples which will be exported and the rest sold on the local market.
Our goal is to plant about five-hundred (500) acres of cocoa, cashew and grains. We will also use greenhouse technology to plant vegetables.
Contribution to Ghana’s economy
Agriculture is Ghana's most important economic sector, which employs more than half the population on a formal and informal basis. It accounts for almost half of the gross domestic products (GDP) and export earnings.
Agricultural crops, including yam, grains, cocoa, oil palm, kola nuts and timber form the base of Ghana's economy.
Employing over half the national labour force, agriculture has long played a pivotal role in Ghana’s economy with one of its key product, Cocoa, being one of the top-three export commodities. Ghana is the world’s largest cocoa producer after Cote d’Ivoire.
The cocoa industry in Ghana is vital to the strength of the formal economy and it employs 1.5 million people in production and transport. In recent years, the government has encouraged the development of the non-traditional agricultural sector in order to diversify the country's export base.
Accordingly, Steaman group Ltd intends to grow more than one-hundred (100) acres of fruits and vegetables. The company also has plans to boost agriculture production through technology using genetic modification and information technology (ICT).
Information Technology (ICT) provides easy access to markets and information resources when it is mainstreamed into our agricultural practices which in turn helps productivity within the sector to increase. Steaman has already made important strides when it comes to using Information Technology (ICT) to facilitate agriculture.
Projects yet to commence
Factories would be set up to process our agricultural raw materials, especially cocoa into various finished products for the local and international market.
Dams will be built on the entire two-thousand (2000) acres of land for irrigation.