ANG Política/MADEM-G15 anuncia intensão de pedir a anulação da sessão especial da ANP alusiva as celebrações de 24 de Setembro. AIP SARA 2023: Laurent Tchagba veut relever les défis de la maîtrise de l’eau et agroforesterie pour garantir la sécurité alimentaire AIP La responsable de l’AUF Côte d’Ivoire sollicite l’appui des partenaires pour booster les formations sur Moodle AIP SARA 2023 : Le président Alassane Ouattara donne le top départ du grand rendez-vous agricole AIP Réduction des risques en santé : l’Afrique doit converger vers l’approche « One Health » (Ministre marocain) AIP La Côte d’Ivoire remporte le 1er prix Kofi Annan de la catégorie innovation avec la digitalisation des services de transport MAP L’attribution de la CAN 2025 au Maroc « n’est pas une surprise », mais un « choix idéal » (spécialistes sénégalais) MAP La BAD organise le 5e Forum pour la résilience en Afrique du 3 au 5 octobre à Abidjan AIP La rentrée scolaire est fixée au 2 octobre dans les structures socio-éducatives de base (MFFE) AIP CAN 2025 au Maroc: L’Institut du monde arabe y voit « une magnifique nouvelle pour les amis du Maroc et du Sport »

adb to collaborate with Development Bank on its agribusiness financing agenda

  20 Septembre      63        Economie (19305),


Accra, Sept. 20, GNA – The Agricultural Development Bank (adb) is looking forward to a closer collaboration with the new Development Bank Ghana (DBG) to push its agenda of agribusiness financing.

The anticipated areas of collaboration include grant of financial assistance through adb to medium and long-term industries.

Dr John Kumah, a Deputy Minister of Finance, said this when he inaugurated a nine-member reconstituted Board of the Bank in Accra.

The Board include Daasebre Akuamiah Agyapong II; the Kwahuhene and the President of the KwahuTraditional Council as Chairperson, Dr John Kofi Mensah; the Managing Director of the Bank as a member and Mrs Abena Osei-Asare, a Deputy Minister of Finance.

Other members are Madam Mary Abla Kessie; a lawyer, Mr George K. Abankwa-Yeboah; a Pharmacist and Mr Alhaji Habib Iddrisu; an Entrepreneur.

The rest are Mr Evron Rothschild Hughes; a Development Economist, Professor Peter Quartey; an Economist and Prof Eric Yirenkyi Danquah; a Plant Geneticist

The Minister said adb would also explore professional technical support services to assist with projects to be domiciled at both DBG and the financial institutions

« As espoused by the law establishing it, we at adb are excited about the new DBG, in the true sense of its purpose that will among other benefits, bridge the existing gap between commercial banking and Ghana’s developmental agenda, » he added.

He expressed the hope that the benefits that would emerge from a collaboration between adb and DBG would help channel private investments into productive sectors, new technologies and help accelerate market efforts to achieve the sustainable development goals.

He said the government and the other shareholders of the Bank expected the Bank to remain focused on its primary commitment to agribusiness while effectively managing risk to ensure that adb remained robust in its growth and profitability.

He said the goal of the Bank among others was to increase the share of agriculture in the total loan portfolio of the Bank from 28 per cent to 50 per cent by 2022.

The Minister said the Bank had put in place several measures to be able to achieve the aforementioned rather ambitious objective:

These include the creation of agricultural desks at 36 of the Bank’s branches and the number was projected to increase to all branches in agricultural zones by 2022.

It also created an agribusiness division with a General Manager, who was a member of the Bank’s Executive Committee.

Dr Kumah said the Bank also restructured the then Agricultural Finance Department and created two departments namely the Agricultural Value Chain Department with focus of financing primary agricultural production and the Agricultural Services Department with focus of financing value addition, agro marketing and agricultural infrastructure.

Daasebre Akuamiah Agyapong II expressed gratitude to President Nana Akufo-Addo for the confidence reposed in them to serve the Bank.

He assured stakeholders of their commitment and dedication to move the Bank to a greater height.

« We are not only going to increase the bottomline but together we will be able to pay dividend to shareholders,  » he added.

Dans la même catégorie