Audio By Carbonatix
Finance Minister Dr Cassiel Ato Forson has assured that the government will recapitalise the Agricultural Development Bank (ADB) next year as part of efforts to reposition the institution to better serve Ghana’s agricultural sector.
In a statement shared via social media on Wednesday, July 9, Dr Forson reaffirmed his commitment to strengthening the bank’s financial capacity.
“I want to assure the board and management that I will capitalise ADB next year,” he stated.
This announcement comes at a time when ADB is expected to play a more robust role in financing agriculture and agro-processing.
The bank has long been considered a key pillar in Ghana’s agricultural transformation agenda.
The Finance Minister’s commitment is expected to boost confidence in ADB’s ability to support large-scale agricultural investments and value-chain development going forward.
Latest Stories
-
Africa’s single market needs SMEs to thrive — African Union Commissioner
2 minutes -
Libyan prosecutors launch probe into killing of Gaddafi’s son
7 minutes -
Son of Norway’s crown princess holds back tears giving evidence at rape trial
13 minutes -
India’s regulator investigates after jets brush wingtips at Mumbai airport
14 minutes -
Without secure, reliable means of transferring value, integrated African market can’t be achieved – Deputy BoG Governor
16 minutes -
Libyan prosecutors launch probe into killing of Gaddafi’s son
17 minutes -
Andrew and Epstein asked exotic dancer for ‘sex acts,’ legal letter claims
17 minutes -
Israeli strikes kill 20 in Gaza, hospitals say, after soldier wounded by gunfire
17 minutes -
Ghana Reference Rate for February declines marginally to 14.58%; interest rate expected to drop
26 minutes -
A/R: Okada accident kills 7-year-old girl, siblings injured at Adankwame
44 minutes -
Counsellor Perfect shares practical ways to rekindle intimacy in marriage
46 minutes -
Cross-border payment reforms key to AfCFTA success — Bank of Ghana Deputy Governor
50 minutes -
GETFund warns public against scholarship fraudsters and impostors
56 minutes -
Terra Deep Dig Company – Invitation for tender
60 minutes -
“I know his mind, character and love for Ghana”- Akufo-Addo backs Bawumia after NPP victory
1 hour
