TIAST Group Holds Maiden ERAICE Conference And Exhibition


Torchbearer International Agricultural Science and Technology Development Company Ltd.  (TIAST) one of the leading promoters of Agriculture Industrialisation  in collaboration with the Eastern Regional Coordinating Council (ERCC) has held the maiden edition  of the Eastern Regional Agri-Business Investors Conference and Exhibition (ERAICE) in Koforidua to discover the best of Agriculture.

The two day event which was held in Koforidua, the capital of the Eastern Region, was patronised by all 33 Districts and Municipal Assemblies within the region who Showcased their products .

The theme for the two day conference a d exhibition is dubbed “Achieving agriculture  industrialisation through Eastern commodity satellite market: Financial and Technical Support of TIAST”

The agricultural sector has been one major holder of the continent’s GDP, it is often attributed as the “mother of the economy and as such other major sector depends on it for Survival.

Agriculture contributes to about 66% of employment in West Africa. The food economy including all activities from the farm level, to processing, packaging, transportation, distribution, and retailing, provides jobs for about 82 million people. The share of agriculture in food economy employment varies across countries.

Speaking about the Eastern commodity satellite market being a game changer for achieving Agricultural industrial revitalization

in the Eastern Region, the Eastern Regional Director of Agriculture, Mr. Henry Kobina Crenstil, revealed that, the concept Started in 2019  when the department  of Agriculture for the Regional and Districts in their quest to address the challenges of post-harvest losses and poor access to market in the region.

According to Mr. Crenstil, this problems resulted principally from the gains,  ie increase yields recorded  from government’s flagship programme ” planting for food and job”

Furtherance, the Director of Agriculture in the Eastern Region pointed out that since the inception of the Eastern Community Satellite Market concept Agenda, a total of 13685 farmers and small scale processors have been linked to markets with the total value of transactions amounting to over GHs19,325,400.00.

He urged all District and Municipal Chief Executive Officers from the 33 MMDCEs within the Eastern Region who have come to grace the occasion by the invitation of the Regional Minister to embrace and own this concept because of its huge potential of generating revenue  whiles improving the livelihood of our people.

Madam Lisa Hao, Chairperson of TIAST Group- West Africa, delivering a speech at the conference disclosed that TIAST has over the years, dedicated its effort to Agriculture Industrialisation.

According to her, the TIAST Group within a space of 10 years, is looking forward to creating 1000 factories, 1million jobs with 70 to 80% financial support as well as technical service  and rendering of off -taker services amongs others.

She disclosed that her outfit is in touch with Ghana’s Agriculture and Trade ministries to set up a fully automated system for partners.

“Our partnership affords our farmers and other partners the ability to set ip a fully automated factory. This financial support accordingly to her covers upto 70 to 80% of the overall project cost”, she emphasised.

Again she mentioned that, the technical team at TIAST also offers technical training for beneficiaries to be able to maintain these machinery.

“At the end of this conference we look forward to partnering with investors , businessmen and farmers in transforming the Agriculture sector positively”, she added.

For his part, the Eastern Regional Minister, Hon. Seth Acheampong, was grateful to the Management of TIAST for the conference saying ” this maiden ERAICE  will achieve the

following; Boost Agricultural Industrial revitalization, contribute to local economic development of the Assemblies, promote value addition to Agriculture produce, enhance the supply of good quality Agriculture produce for both processors and consumers.

Mr. Acheampong and his entourage including delegation from TIAST Group took time to tour the exhibition booths of the participating businesses within the 33 Assemblies as they explained the benefits of consuming their products.

By Kingsley Asiedu



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