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Blumberg, Sub-Sahara Commodities to Invest in Ghana’s Grains, Warehousing Receipt System

The Investor (PDF download)

Talks are far advanced between global player, Blumberg Grain and Sub-Sahara Commodities, a wholly-owned Ghanaian business, in sealing a partnership deal for a multi-million-dollar investment in Ghana’s grain production, storage and distribution industry, an official said on Friday in Accra.

Dr. Christian Rath, Senior Vice President of Blumberg Grain spoke to The Investor after a four-day visit to the west African nation. He held talks with private investment firm, Brooks Asset Management and officials of Sub-Sahara Commodities.

He also met government officials involved in the National Food Buffer programme.

A programme will start in September with the construction of the state-of-the-art warehouse as well as a grains cultivation project in Juapong.

According to Dr. Rath, Blumberg Grain offers total solution that begins with helping nations to assert their food safety and security issues. He praised Ghana’s readiness to promote agriculture.

Blumberg will lend its expertise in the grains industry but expects Sub-Sahara Commodities to lead the implementation of a multi-million-dollar investment tailor-made for the people of Ghana.

It is estimated that Ghana consumes about 1.9mt of maize annually with an incredibly high post-harvest crop loss estimated at 40%. In Africa, specifically Ghana, the expectations of Blumberg Grain’s warehousing and storage technology would be to drastically reduce post-harvest losses to 1%.


Blumberg, Sub-Sahara Commodities to Invest in Ghana's Grains, Warehousing Receipt System

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ZEITGEIST NOLA