Audio By Carbonatix
Ghana’s Export Development and Investment Fund has reached a deal with British produce buying company Minor, Weir and Willis that should help address the age-old problem of access to foreign markets experienced by local farmers.
The British firm, under the deal is expected to provide a large clientele ready for Ghanaian farm produce which meet the standard of the UK market.
Minor, Weir and Willis operates over 600 product lines and therefore regularly requires a reliable supply of a range of diverse agric related exports.
EDIF Board Chair and former Merchant Bank MD Peter Illiasu disclosed this to Joy Business at a media interaction on the fund’s 10th anniversary.
He said the UK firm was basically an off-taker company of some agricultural projects in the country and they were helping farmers to produce within the required quality regime.
EDIF is responsible for financing the development and promotion of Ghana’s non-traditional exports on concessionary terms for the promotion of the growth of export firms.
Since its establishment EDIF has disbursed in excess of 157 Million Ghana Cedis in credit to local businesses at interest rates far below what prevails on the banking front.
Source: Joy News/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
2026 FIFA World Cup: African fans will pay to tatch their teams
42 seconds -
2026 World Cup: How FIFA priced Africa’s ordinary fan out of the tournament – and why the gap with the rest of the world is impossible to ignore
35 minutes -
Creative industries ‘incredibly worried’ about OpenAI-Disney deal
43 minutes -
Low condom use among young people in Volta Region disheartening – AIDS Commission
1 hour -
Prada to launch $930 ‘Made in India’ Kolhapuri sandals after backlash
1 hour -
Gov’t moves to fix Armed Forces housing crisis with 2000 new units and jets
1 hour -
Boy, 13, shot dead as youth torch mining vehicles in Adelekezu
2 hours -
‘Architects of AI’ named Time Magazine’s Person of the Year
2 hours -
GPL 2025/26: Berekum Chelsea edge Hohoe United to end winless run
2 hours -
GPL 2025/26: Mensah’s penalty helps Bechem United beat Eleven Wonders
3 hours -
Did Ghana need 110 brand new hospitals at once?
3 hours -
Benin: Ex-president’s son arrested after foiled coup attempt
3 hours -
Reconsidering Ghana’s presidential age limit: Why Article 62(b) of the 1992 Constitution deserves review
3 hours -
ECOWAS unanimously endorses President Mahama for African Union chairmanship
3 hours -
Douri-Naa predicts victory for ‘Second Dombo’ Bawumia in NPP primaries and 2028 election
4 hours
