SLIDE 1
AB ABOUT OUT ME
§
Family Man
§
Entrepreneur
§
CEO Omnifert AB ABOUT OUT OM OMNIF IFERT
§
Impact of COVID-19 on SMEs in Agri-Business Introduction ABOUT AB - - PowerPoint PPT Presentation
Impact of COVID-19 on SMEs in Agri-Business Introduction ABOUT AB - - PowerPoint PPT Presentation
Impact of COVID-19 on SMEs in Agri-Business Introduction ABOUT AB OUT ME Family Man Entrepreneur CEO Omnifert AB ABOUT OUT OM OMNIF IFERT Omnifert is a wholly owned Ghanaian company focused on improving the crop
SLIDE 2
SLIDE 3
Impact of COVID-19 on Agriculture in Ghana
§
Generally, impact on agricultural sector less severe than other sectors and areas such Trade, Tourism, the Financial markets However;
§
Reduction in food production at farm level (reduced labour) due to fear / uncertainty– potential to depress market for input distributors
§
Access to markets for farmers volatile. Initial bulk purchases leading to scarcity for some produce. High price of commodities affecting affordability for some segments of the market.
§
Reduction in volume of key agricultural exports
SLIDE 4
Positive Government Interventions
§
All food value chain players permitted by Gov. to
- perate at 100% levels
during the lockdown
§
Stimulus package for SMEs has given these businesses an opportunity to continue to supply the market (farmers)
SLIDE 5
General Market Challenges for Input Suppliers
§
Border restrictions slowed down receipt of inputs for many SMEs
§
Delay in distribution as transporters didn’t operate for a while – lockdown restrictions allowed them to operate but there was some unease at the beginning
SLIDE 6
Omnifert Interventions
§
Early orders of supplies pre- season ensured sufficient supply
- f inputs during this period
§
Albeit with a slight delay at the
- nset, due to onward
distribution challenges, have caught up and are able to fulfill all orders
§
Still have sufficient stock to cover the next season
SLIDE 7
Scaling up our solid distribution and logistics network to cater to market needs
SLIDE 8
Providing Community Support & Building Capacity
§
Outreach to 3,000 Small Holder Farmers to educate about safety / prevention of spread of COVID-19
§
Continued education about best practice for inputs application to help with increased yield and better value for farmers
SLIDE 9
Medium to Long-term Opportunities
§
Reduction of demand on imports
§
Acceleration of production efforts
§
Increase in local processing and developing the market for increased future exports
§
Public-private sector collaboration to develop industry
§
Increased demand and potential for E-commerce / structured trading
§
Increased intra-regional trade – increased access to markets for farmers and to both inputs (seeds, fertilisers) and outputs (food products)
§
Improved capacity to respond to possible future crises
SLIDE 10