Audio By Carbonatix
Stanbic Bank Ghana has underscored the need for stronger policy frameworks, improved infrastructure, and wider adoption of technology to accelerate growth and investment within Ghana’s agro-processing sector.
Samuel Okang-Boye, Head of Agribusiness at Stanbic Bank Ghana, said this at the 7th International Trade Show & Conference held at the Accra International Conference Centre (AICC), on October 29, 2025, on the theme “Financing and Upscaling in Agro Processing.”
He said a more coordinated effort between the public and private sectors is crucial to making the agricultural value chain more structured, sustainable, and investable.
“When policy, infrastructure, and technology align, the entire agro-processing ecosystem becomes more attractive to both local and international investors. We must look beyond primary production and build a framework that allows agribusinesses to scale, create jobs, and contribute significantly to Ghana’s GDP,” he said.
He explained that policy support through tax incentives, regulatory flexibility, and targeted financing plays a positive role in de-risking agribusiness investments.
“For example, tax concessions and import duty waivers on agricultural technology and equipment can go a long way to support entrepreneurs who are adding value locally,” Okang-Boye noted.
“We need policies that reward innovation, reduce barriers, and encourage the private sector to take bold investment decisions.”
Addressing infrastructure gaps, Mr Okang-Boye pointed out that challenges such as poor storage facilities, unreliable power supply, and inadequate road networks continue to constrain agro-processors.
“The state of our logistics and storage infrastructure makes it difficult to maintain quality produce and reduce post-harvest losses. If we can fix those systemic issues, the cost of doing business will drop, and more agribusinesses will become profitable,” he emphasised.
Mr. Okang-Boye also highlighted the importance of technology and digital innovation as enablers of efficiency and sustainability across the value chain.
“We must leverage precision agriculture, data systems, and smart financing tools to enhance productivity. Cost of production continues to rise faster than commodity prices, so the only way to protect margins is through efficiency, and technology is the answer,” he explained.
He further called for collaboration among development finance institutions (DFIs), commercial banks, and government agencies to create blended financing models that reduce the credit burden for agribusinesses.
“Stanbic Bank continues to support initiatives like the MasterCard-funded Bridging Agric Facility, which offers affordable interest rates to farmers and processors,” he added.
“Such partnerships show that we can make financing more inclusive and impact-driven when we align resources and expertise.”
The 7th International Trade Show & Conference brought together policymakers, financiers, entrepreneurs, and agribusiness players to explore solutions for scaling the agro-processing industry through innovation and financing partnerships.
Latest Stories
-
Cybersecurity purchase letter is fake – EOCO investigator tells court as Adu-Boahene trial closes
3 minutes -
Ga Mantse’s Fetu Afahye entry: A proud Ga moment
12 minutes -
Zijin Mining boss praises Ghana’s business environment, pledges deeper investment
14 minutes -
Lands Minister urges Zijin Mining to make Ghana its springboard for African expansion
18 minutes -
GMTF donates GH¢4m worth of medical equipment to KATH to mark first anniversary
18 minutes -
Armah-Kofi Buah urges Ghanaian mining firms to adopt Zijin’s environmental model
24 minutes -
‘I can’t wait to get started’ – Jordan Ayew after signing for Sheffield United
25 minutes -
Gyakie scores double top 10 entry on Apple Music Nigeria
28 minutes -
Ghana plans EV skills centre to prepare mechanics for electric vehicle boom
31 minutes -
Makeup Ghana holds workshop to develop first Ghana Beauty & Wellness Report
34 minutes -
Armah-Kofi Buah courts Chinese green technology for Ghana’s mining sector
37 minutes -
Adu-Boahene trial: ‘14 days too short for credible no-case submission’ – Atta Akyea
40 minutes -
Placement algorithm must be fixed to end annual CSSPS chaos – Divine Kpe
45 minutes -
‘I didn’t think twice’ – Ayew delighted to join Sheffield United
48 minutes -
Burundians scramble to leave Kenya ahead of crackdown on unregistered traders
53 minutes