Ghanaian GRA Targets GH¢310bn Revenue by 2028 Amid Cashew Industry Push
- Reports
- 3
- Developments
- 2
- Repetition
- 67%
New informationRepeats or wire copies
What happened
The Ghana Revenue Authority (GRA) is targeting at least GH¢310 billion in domestic revenue by 2028, nearly double the GH¢182 billion collected in 2025, through tax reforms and digitalization to support industrial growth. Concurrently, the Ministry of Food and Agriculture advocated for increased investment in cashew processing to help Africa retain more value from its production. Eric Opoku, the Minister for Food and Agriculture, called for stronger collaboration among governments, farmers, investors, and development partners to capture more value from the cashew industry.
Why it matters
The ambitious revenue targets require the GRA to accelerate tax reforms and digitalization to achieve the goal. The push to invest in modern processing facilities and value addition is seen as critical for transforming the industry and creating rural economic opportunities. This push aligns with broader efforts to increase Africa's value capture from its agricultural sector.
Who's involved
- AfricaThe continent is the focus of calls for stronger international partnerships to bolster the cashew industry.
- Eric OpokuEric Opoku serves as the Minister for Food and Agriculture, leading the push for agricultural value chain development.
- Ghana Revenue AuthorityThe GRA is the mandated state agency responsible for tax collection and trade enforcement in Ghana.
- GhanaGhana is the country where the GRA operates and where the cashew industry is centered.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
How it developed
Newest first. Tap a step to see who reported it.- Eric Opoku calls for cashew value capture in Ghana as the GRA targets revenue to support industrial growth, with the IFC backing indigenisation drives.Sub-event
Advocacy for stronger partnerships to boost cashew industry, targeting GH¢310bn revenue by 2028 through tax reforms.1 source
Keep exploring
The entities involved
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Africa
continent
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Eric Opoku
Ghanaian politician
Nothing else this week.
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Ghana Revenue Authority
tax Company
Related events
- Discussion regarding the future economic trajectory of the African continent.
- A partnership aims to expand cooperation across Africa, represented by Sidi Ould Tah.
- The African Union is supporting initiatives in Africa, but funding has resulted in failing agricultural productivity.
- Nigeria aims to become Africa's industrial hub, contingent on the government sustaining necessary fiscal and monetary reforms.