USAID promotes Agriculture investment in Ghana

The United States Agency for International Development (USAID), through the US government’s Feed the Future Initiative, has hosted its 4th Annual Ghana Agribusiness Investment Summit in Accra.

The summit, according to a press release from the US Embassy, Ghana showcased investment opportunities in Ghana’s agribusinesses and was under the theme, “Mobilizing strategic investment for agriculture.”

The event which sought to identify Ghanaian agribusinesses and link them with viable private investment opportunities 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 release said.

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

The Deputy Minister of Food and Agriculture, George Oduro, and US Chargé d’Affaires, Melinda Tabler-Stone stressed the importance of leveraging financial opportunities for Ghanaian agribusinesses, it added.

“Today’s summit is a call to action. 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 US government is committed to working with the Ghanaian government and our partners to boost economic growth and reduce poverty,” Tabler-Stone was quoted as saying in the release.

The annual event was organized by Feed the Future with support from USAID. .

By Pamela Ofori-Boateng