We’re excited to share that Gensap Ventures has been selected as one of ten Ghanaian agribusinesses to receive grant funding under Phase II of the Ghana Private Sector Competitiveness Programme (GPSCP II).
This prestigious grant, valued at GH₵157.94 million (CHF 9 million) in total and funded by the Swiss Government, supports Ghanaian SMEs in the cashew and oil palm value chains. Each selected business receives between GH₵300,000 and GH₵3 million to scale operations, improve value addition, and enhance competitiveness.
In the Press
- BusinessGhana reported that “Ten Ghanaian small and medium enterprises … have secured a share of the GH¢157.94 million (CHF9 million) grant under the Ghana Private Sector Competitiveness Programme (GPSCP II)”
- Graphic Online highlighted the grant signing ceremony in Accra, noting the support for processing, market linkages, services, and skills development.
- Proforest stated that GPSCP II awarded grants ranging from GH¢300,000 to GH¢3 million to boost productivity in cashew and oil palm sectors.
What We’re Using The Grant For
The grant will help us scale operations and build resilience through the following initiatives:
- Expand Production Capacity: Upgrade our primary processing line to increase cashew nut throughput from 800kg to 4,000kg per day.
- Job Creation: Increase direct jobs from 20 to 40 and indirectly impact over 120 smallholder farmers, especially women.
- Improve Market Access: Position our products for entry into certified international markets like the EU and Middle East through better packaging, documentation, and value-added products.
This achievement reflects not only our dedication to agricultural transformation but also the strong partnerships we’ve cultivated with stakeholders in Ghana and beyond.
“This funding will allow us to accelerate our vision of industrializing Ghana’s cashew sector — building capacity for export, creating sustainable jobs, and delivering high-quality processed cashew products to both local and international markets.”
— George Nkrumah-Sarpong, Founder & CEO of Gensap Ventures
About GPSCP II
The Ghana Private Sector Competitiveness Programme (GPSCP II) is a strategic collaboration between:
- The Swiss Government
- Ghana’s Ministry of Food and Agriculture (MoFA)
- Ministry of Trade and Industry
- The Tree Crops Development Authority (TCDA)
The programme is designed to strengthen local agribusinesses, deepen value chains, and ensure sustainable development in high-potential export crops like cashew and oil palm.
We are deeply honored by this recognition and remain committed to excellence, impact, and innovation in Ghana’s agribusiness space.
Stay tuned for updates as we grow — together.
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