The Chamber of Agribusiness Ghana is calling on the government and relevant stakeholders within the agribusiness and agro-industrial value chain to collaboratively adjust food prices to restore food affordability and safeguard national food security.
In a statement issued on August 4, 2025, and sighted by GhanaWeb Business, the Chamber warned that soaring food prices are crippling consumer purchasing power, pushing nutritious diets out of reach, and eroding gains made toward national food security.
“Ghana’s food system faces unprecedented strain. Soaring food prices severely erode consumer purchasing power, pushing nutritious diets out of reach for millions and directly threatening our national goals of food security, improved nutrition, and balanced diets. While acknowledging the cost pressures on businesses, inaction is not an option. Collective responsibility is paramount,” the Chamber noted.
The Chamber also appealed to players across the agricultural value chain, from input suppliers to commodity aggregators, agro-food retailers, and food transporters, to reassess their pricing structures and reduce margins amid Ghana’s worsening food price inflation.
Additionally, the Chamber outlined five key reasons underpinning its call for nationwide price reductions:
. Prevent malnutrition and disease
. Preserve farmer viability
. Curb food inflation and economic risks
. Revive consumer demand
. Reduce waste and enhance efficiency
The Chamber further argued that unaffordable food prices are weakening demand across non-food sectors and stalling economic recovery.
It also stated that lower food costs would allow consumers to reallocate income, thereby stimulating broader economic activity.
SP/MA
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