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AfDB pledges support for Ghana’s Agricultural Sector

The country manager for African Development Bank in Ghana, Ms Eyerusalem Fasika paid a courtesy call on Dr. Owusu Afriyie Akoto, Minister for Food and Agriculture on Friday, July 23.

Edward Acquah by Edward Acquah
August 4, 2021
in Business, General, Lead story, Local News, News, Review, Top Stories
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The country manager for African Development Bank in Ghana, Ms Eyerusalem Fasika paid a courtesy call on Dr. Owusu Afriyie Akoto, Minister for Food and Agriculture on Friday, July 23.

Since 1964, Ghana has been working with the bank. The first project they approved was in 1973 and on Friday, July 23 2021, they have approved almost 3 billion to support Ghana’s development agenda in various sectors.

The Bank’s support for Agriculture in Ghana is about 30%. In addition, they have supported a number of flagship programmes to enhance productivity and value addition in the Agricultural sector.

Ms Eyerusalem Fasika promised they will continue to show support for Agriculture to enhance the Bank’s “Feed Africa Strategy”.

African Development Bank

The African Development Bank Group (AfDB or ADB) or Banque Africaine de Développement (BAD) is a multilateral development finance institution headquartered in Abidjan, Ivory Coast, since September 2014.

 The AfDB is a financial provider to African governments and private companies investing in the regional member countries (RMC).

The AfDB was founded in 1964 and comprises three entities: The African Development Bank, the African Development Fund and the Nigeria Trust Fund.

The AfDB’s mission is to fight poverty and improve living conditions on the continent through promoting the investment of public and private capital in projects and programs that are likely to contribute to the economic and social development of the region.

Tags: AfDBAfrican Development BankAfrican Development Bank in Ghana
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