Audio By Carbonatix
Vice President Kwesi Bekoe Amissah-Arthur has called for more investor support for the agricultural sector for increased yield and reduction in post harvest losses.
According to him the agricultural sector forms a chunk of the private sector and financial assistance which has been a tussle in some instances, would ensure growth in agribusiness with multiplier effects on the economy.
The Vice President made the call when Madam Elizabeth Littlefield, President and Chief Executive Officer of the Overseas Private Investment Corporation (OPIC), led a delegation from the business entity to pay a courtesy call on him at the Flagstaff House, in Accra, on Thursday.
Madam Littlefield said Africa has been the largest partner of the OPIC, with portfolio financing, loans and guarantees.
OPIC has an $840 million investment, with $108 million in water project, which involves 38 water treatment plants, and further supports investment in agriculture, health systems and institutions, and cold storage systems.
She described Ghana as leading in OPIC assisted projects in Africa, which is expected to double in the next few years.
The delegation is in Ghana to inspect OPIC assisted projects, has so far visited the Korle Bu Hospital in Accra and the Pwalugu Tomato Factory in the Upper East Region.
The OPIC is a US Development Finance Institution that operates in 105 countries, which manages a $16 billion portfolio of financing and insurance to support private investment, especially in the world’s poorest countries.
Latest Stories
-
Kojo Antwi and Meiway set London ablaze with historic live concert at Dominion Centre
1 hour -
Arrive three hours before flight home, airline boss tells UK holidaymakers
1 hour -
US, UK and Australia to develop underwater drone technology
1 hour -
Prisons Service launches investigation after inmate linked to murder of Abamba Queen Mother
2 hours -
Akatsi Police launch full investigation into shooting, arson incident in Deti
2 hours -
Government commissions shelter for domestic violence survivors
2 hours -
Xenophobia: “I am very free now” – Ghanaian evacuee recounts 18-year stay, robbery ordeal
2 hours -
Excessive Bail Conditions in Ghana: A threat to the presumption of innocence and the right to liberty guaranteed under the 1992 constitution
2 hours -
Petrol, LPG prices set to go up, but diesel to decline from June 1
3 hours -
Hitz FM’s ‘Rep Ur Jersey’ underway at Aviation Social Centre
3 hours -
Xenophobia: Minority commends government on Ghanaian evacuation from South Africa
3 hours -
Gov’t reaffirms commitment to expanding shelter services for domestic violence survivors – Gender Minister
3 hours -
Fisheries Ministry intensify efforts to protect premix fuel subsidy
3 hours -
Liverpool sack head coach Slot
3 hours -
Xenophobia: Disregard Malema’s comments on Ghana’s evacuation – Minority urges gov’t
3 hours