A deal of this kind is likely to attract regulatory scrutiny that will delay it for months but Bunge and Viterra are keen to form the trading powerhouse.
Ghana's National Biosafety Authority (NBA) already approved a GMO crop, the Pod borer resistant cowpea (or Bt cowpea) in 2022 for environmental release. The Bt cowpea is said to need about 6 to 8 times less pesticides during its three-month life cycle.
The governor of Katsina state, Dikko Radda, has requested funding and support from the African Development Bank (AfDB) to develop the agricultural sector and provide renewable energy resources.