Business 
Mahama Pledges $500 Million to Boost Ghana Oil Palm – Targeting $12 Billion Exports
From farm to factory, Ghana is ready to grow.
Ghanaian farmers harvesting fresh oil palm bunches (Credit: The High Street Journal)
Accra, Ghana – February 27, 2026
President Mahama just dropped a game-changing promise: $500 million to supercharge Ghana’s oil palm industry.
The goal? Hit $12 billion in annual exports while slashing imports and creating jobs across the value chain.
Oil palm already employs hundreds of thousands. This push will bring modern processing plants, better seedlings, and market access – turning smallholder farms into export powerhouses.
For Ghanaians, expect more income in rural areas and cheaper local palm oil products.
US businesses in food processing, cosmetics, and biofuels are watching. The Ghanaian diaspora sees huge potential to invest back home.
From farm to factory, Ghana is ready to grow.
