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
-
Ghana cannot exploit mineral wealth alone without foreign investment — Ken Ashigbey
1 minute -
Ghana holds vast untapped gold reserves — Ken Ashigbey
4 minutes -
Deploy National Service personnel for mineral exploration – Chamber of Mines CEO
27 minutes -
Increase Ghana’s share in the value chain through partnerships, not isolation – Ing. Ashigbey
38 minutes -
AIB Ghana to release report on fatal Tema microlight aircraft crash today
42 minutes -
Krachi East school feeding programme near collapse as cooks threaten boycott over unpaid allowances
44 minutes -
Cedi’s depreciation does not make it world’s weakest currency — Hopeson Adorye
46 minutes -
Auditor-General recommends sanctions for Ussif, Dr Ofosu-Asare and Kartey over GHC 726m administrative lapses, procurement breaches
1 hour -
Tanyigbe SHS plunged into darkness as fallen electricity pole disrupts WASSCE preparation
1 hour -
Photos: IGP engages personnel amid Atebubu-Yeji security operations
1 hour -
Beyond the Boardroom: An African Union Day reception at White Restaurant & Garden
1 hour -
Swedru: 23-year-old apprentice missing after falling into floodwater
1 hour -
9 in 10 Ghanaians trust vaccines, support local production — Survey
1 hour -
Rainstorm wreck houses in Ketsi, Koensim
1 hour -
US launches new strikes on Iran, targeting missile sites and boats
1 hour