Ghana to Recapitalize ADB in 2026 for Agricultural Financing Boost | News Ghana
The move aims to enhance support for farmers, agribusinesses, and value-chain development, aligning with ADB’s founding mandate.
Forson disclosed the strategy during the inauguration of ADB’s new nine-member board, chaired by Kenneth Kwamina Thompson (ex-CEO of Dalex Finance).
He emphasized agriculture as critical to national development, tasking the board to prioritize sector financing.
The recapitalization forms part of broader structural reforms led by the Finance Ministry to drive agro-industrialization and reduce import dependency.
The reconstituted board including MD Edward Ato Sarpong will steer operational efficiency and refocus on food security and rural growth.
Follow on Google News
You may also like...
Diddy's Legal Troubles & Racketeering Trial
Music mogul Sean 'Diddy' Combs was acquitted of sex trafficking and racketeering charges but convicted on transportation...
Thomas Partey Faces Rape & Sexual Assault Charges
Former Arsenal midfielder Thomas Partey has been formally charged with multiple counts of rape and sexual assault by UK ...
Nigeria Universities Changes Admission Policies
JAMB has clarified its admission policies, rectifying a student's status, reiterating the necessity of its Central Admis...
Ghana's Economic Reforms & Gold Sector Initiatives
Ghana is undertaking a comprehensive economic overhaul with President John Dramani Mahama's 24-Hour Economy and Accelera...
WAFCON 2024 African Women's Football Tournament
The 2024 Women's Africa Cup of Nations opened with thrilling matches, seeing Nigeria's Super Falcons secure a dominant 3...
Emergence & Dynamics of Nigeria's ADC Coalition
A new opposition coalition, led by the African Democratic Congress (ADC), is emerging to challenge President Bola Ahmed ...
Demise of Olubadan of Ibadanland
Oba Owolabi Olakulehin, the 43rd Olubadan of Ibadanland, has died at 90, concluding a life of distinguished service in t...
Death of Nigerian Goalkeeping Legend Peter Rufai
Nigerian football mourns the death of legendary Super Eagles goalkeeper Peter Rufai, who passed away at 61. Known as 'Do...
