In Pictures
Major Trading Currencies
World Market Watch
Crude Oil
Management Tips
The lack of a succession plan kills most family businesses. You can have your heirs run the business after you. Or you can place outside managers in some or all key spots and just leave ownership to the heirs. Having a plan is more important than what the plan is. Seek guidance from an impartial counselor.
- General News
- ICT
- Tourism
- Insurance
- Investment
- Oil And Gas
- Politics
- Sports
- Feature Articles
- Editorials/Opinion
- Entertainment
- Africa/International
You Are Here: Home » Investment » Japan invests $73,948 for biofuel production in Ghana
The Jatropha
The Japanese government has signed a $73,948 deal with the Ohayo Ghana Foundation, an NGO, for the construction of a Jatropha oil press factory at Puriya in the Yendi District for the production of biodiesel.
Part of the grant is also expected to be used for the purchase of a generator to power the factory’s machines as well as provide electricity to the over 360 inhabitants of the predominantly farming community.
At the signing ceremony in Accra on Wednesday, the Japanese Ambassador to Ghana, Mr Keiichi Katakami, commended the foundation, the chief and the people of Puriya for the initiative and said it had enormous potential to revolutionalise the production of energy in the country.
He encouraged the cultivation of Jatropha to lessen the over-dependence on crude oil and promote alternative, environmentally friendly sources of energy.
According to him, the grant would further boost the cultivation of Jatropha which and could possibly be used for the production of biodiesel to power various machines and equipment.
He stated that through the efforts of the foundation farmers in Puriya had been able to cultivate 19.6 hectares of Jatropha and harvested between 12 and 26.2 tons of its seeds last year.
Mr Katakami expressed the hope that through the initiative farmers would be able to power agricultural equipment with fuel from the Jatropha seeds thereby improving the living standards of the people.
He expressed his country’s continuous support to assist Ghana in its developmental aspirations.
The Chairman of Ohayo Ghana Foundation, Mr Yoshikazu Tamura, thanked the Japanese government for their support and said the assistance would go a long way to help alleviate the hardships the people went through.
Source: The Ghanaian Times
| 
| Tweet This! |