Agricultural inputs

Agricultural inputs
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Agricultural inputs
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Agriculture
Business Model Description

Supply high-quality seeds and fertilisers to farmers and government support programmes through a loan programme to be repaid at the end of the harvest season.

Expected Impact

Enhance agricultural outputs and farmers' incomes contributing to greater food security

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in IRR)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Medium Term (5–10 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Responsible Consumption and Production (SDG 12) Life on Land (SDG 15)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Good health and well-being (SDG 3) Industry, Innovation and Infrastructure (SDG 9)
Sector Sources
  • (1) World Bank database. https://data.worldbank.org/ (2) IHS Markit. Comparative Industry Forecast Tables, Agriculture, ISIC Classification Rev. 4. (3) Republic of Ghana (2017). Medium-Term National Development Policy Framework: An Agenda for Jobs: Creating Prosperity and Equal Opportunity for All (First Step) 2018-2021. https://s3-us-west-2.amazonaws.com/new-ndpc-static1/CACHES/PUBLICATIONS/2018/08/23/Medium-term+Policy+Framework-Final+June+2018.pdf (4) Sachs, J., Schmidt-Traub, G., Kroll, C., Lafortune, G., Fuller, G., Woelm, F. 2020. The Sustainable Development Goals and COVID-19. Sustainable Development Report 2020. Cambridge: Cambridge University Press. (5) Ministry of Food and Agriculture (2018). Investing For Food and Jobs (IFJ): An Agenda for Transforming Ghana’s Agriculture (2018-2021). https://mofa.gov.gh/site/images/pdf/National%20Agriculture%20Investment%20Plan_IFJ.pdf (5b) Send Ghana (2014). Women and Smallholder Agriculture in Ghana - Policy Brief 2014. https://www.sendwestafrica.org/phocadownload/Women%20and%20Smallholder%20Agriculture%20in%20Ghana%20Policy%20Brief%20-%20Copy.pdf (6) Word Bank (2017). Ghana: Agriculture Sector Policy Note - Transforming Agriculture for Economic Growth, Job Creation and Food Security. (7) Oxford Poverty and Human Development Initiative (2020). Charting pathways out of multidimensional poverty: Achieving the SDGs, 2020. https://ophi.org.uk/global-mpi-report-2020/ (8) Statista. Ghana: Share of economic sectors in the gross domestic product (GDP) from 2009 to 2019. https://www.statista.com/statistics/447524/share-of-economic-sectors-in-the-gdp-in-ghana/ (9) Nwadialor, N (2020). Ghana's inflation rises above target band – on higher food prices. https://tellimer.com/article/ghanas-inflation-rises-above-target-band-on-h (10) Ministry of Food And Agriculture (2019). Operational Performance (2017-2018): Planting for Food and Jobs 2019. (11) Ghana Investment Promotion Centre (2017). Doing business in Ghana - To Know and Invest in Ghana. (12) Gustafson, S. (2020). Impacts of Ghana's COVID-19 Response. The Food Security Portal 2020. http://ssa.foodsecurityportal.org/regional-sub-portal-blog-entry/sub-saharan-africa/1897/main-story (13) Ghana Investment Promotion Center. Ghana incentives inventory. https://www.gipcghana.com/press-and-media/downloads/promotional-materials/33-ghana-incentives-inventory/file.html (14) Teye, J. (2019). Agribusiness Investment in Agricultural Commercialization in Ghana: Rethinking Policy Incentives. APRA brief 19, Future Agricultures Consortium. (15) Send Ghana (2014). Women and Smallholder Agriculture in Ghana - Policy Brief 2014. https://www.sendwestafrica.org/phocadownload/Women%20and%20Smallholder%20Agriculture%20in%20Ghana%20Policy%20Brief%20-%20Copy.pdf
IOA Sources
  • (I) Berkeley Investors Club. Agriculture Sector – Crop Production in Ghana. https://investorsclubs.org/agriculture-sector-crop-production-in-ghana/#:~:text=The%20northern%20savannah%20zone%20is,footholds%20in%20the%20northern%20zone. (II) Cornell Alliance for Science. COVID-19 disrupts Africa’s seed supply, threatening food security. https://allianceforscience.cornell.edu/blog/2020/06/covid-19-disrupts-africas-seed-supply-threatening-food-security/ (III) USAID (2017). Feed the Future Ghana Agriculture Policy Support Project (APSP): Seed Market Industry Framework and Strategy Study (SMIFS). https://ghanalinks.org/documents/20181/0/Seed+Marketing+Industry+Framework+Study/816cfa09-0bd9-498a-a554-10b9ed6ff18b?version=1.0 (IV) UN Comtrade database. https://comtrade.un.org/data/ (V) Africa Fertilizer. Ghana Fertilizer Statistics Overview 2017. https://africafertilizer.org/wp-content/uploads/2018/11/Ghana-Fertilizer-Statistics-Overview-2017_EN.pdf (VI) Mordor Intelligence. Ghana Seed Sector Analysis - Growth, Trends, and Forecast (2020 - 2025. https://www.mordorintelligence.com/industry-reports/seed-market-in-ghana (VII) Wongnaa, C.A. et al. (2019). 'Profit efficiency among maize farmers and implications for poverty alleviation and food security in Ghana'. Scientific African, volume 6. (VIII) Loukos, P. and Javed, A. (2018). Opportunities in agricultural value chain digitization - Learnings from Ghana. GSMA. (IX) Republic of Ghana. Ghana Plant and Fertilizer Act 2010 (Act 803). https://tasai.org/wp-content/themes/tasai2016/info_portal/Ghana/Plants%20and%20Fertilizer%20Act-2010_Act%20803.pdf (X) Alliance for a Green Revolution in Africa (2019). The Agribusiness Deal Room at the 2019 African Green Revolution Forum (AGRF). https://agrf.org/dealroom/wp-content/uploads/2020/07/Agribusiness-Deal_Room-AGRF-booklet_020919.pdf (XI) La Via Campesina (2015). Seed laws that criminalise farmers: resistance and fightback. https://www.grain.org/article/entries/5142-seed-laws-that-criminalise-farmers-resistance-and-fightback (XII) Savci, S. (2012). Investigation of Effect of Chemical Fertilizers on Environment. APCBEE Procedia. https://www.sciencedirect.com/science/article/pii/S2212670812000486