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USAID Backs Investment in Ghanaian Agriculture

By Dipo Olowookere

The United States Agency for International Development (USAID), through the U.S. government’s Feed the Future Initiative, recently hosted the 4th Annual Ghana Agribusiness Investment Summit to showcase investment opportunities in Ghana’s agribusinesses.

The event, held on May 4, brought together business service providers, financial institutions, agribusinesses, farmers, development partners and the Ghanaian government under the theme ‘Mobilizing strategic investment for agriculture.’

At the summit, the Deputy Minister for the Ministry of Food and Agriculture, Mr George Oduro, and U.S. Chargé d’Affaires Melinda Tabler-Stone stressed the importance of leveraging financial opportunities for Ghanaian agribusinesses.

The aim of the event was to spotlight Ghanaian agribusinesses and link them with viable private investment opportunities.

The event featured panel discussions on opportunities in the agriculture sector, the importance of forming strategic partnerships to enhance agricultural productivity, risk-sharing agricultural lending, and alternative sources of financing for agribusiness.

The summit offered participants business-to-business sessions where they were given the opportunity to network and forge partnerships.

“Today’s summit is a call to action,” remarked Chargé d’Affaires Tabler-Stone. “It is a call for private, public, and development partners to re-strategize and increase investment in agriculture, so that we can achieve sustainable and broadly shared economic growth. Let me assure you that the U.S. government is committed to working with the Ghanaian government and our partners to boost economic growth and reduce poverty.”

Dipo Olowookere is a journalist based in Nigeria that has passion for reporting business news stories. At his leisure time, he watches football and supports 3SC of Ibadan. Mr Olowookere can be reached via dipo.olowookere@businesspost.ng

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