Mr Alan Kyerematen — Minister of Trade and Industry The Minister of Trade and Industry, Mr Alan Kyerematen, says 150,975 direct and indirect jobs have been created under the One-District, One-Factory (1D1F) programme. Giving an update on the programme since the beginning to date in Parliament last Wednesday night, the minister explained that there were […]
Tag: agricultural development bank
China’s Henan province’s emergency response level raised to second-highest as it’s hit by heaviest rain in 1,000 years
A man carries a woman in the flooded road after record downpours receded in Zhengzhou city in central China, Henan province Wednesday, July 21, 2021. © Feature China/Barcroft Media via Getty Images Chinese authorities increased the emergency status to Level II in the central province on Wednesday. The Ministry of Emergency Management dispatched 1,800 firefighters […]
ADB, NIB to be refocused to remain relevant – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta says the fundamental objectives of special-purpose banks such as the NIB and ADB would have to be reviewed to help them secure the necessary capital so they can give out long-term funds as the government makes moves to establish a development bank. The Government of Ghana, in partnership with […]
Feed shortage hits poultry industry
Poultry farmers and feed producers have called on the government to save the livestock feed industry from collapse due to the "unprecedented" shortage of maize, soya and wheat bran in the country. The scarcity of raw materials for the production of feed for the birds, they pointed out, had resulted in price hikes of poultry […]
Ofori-Atta outlines DBG’s four focus areas
Ken Ofori-Atta, Finance Minister The soon-to-be-established Development Bank Ghana (DBG) will prioritise support for agribusiness, manufacturing, Information Communication Technology (ICT) and mortgage finance, Minister of Finance Ken Ofori-Atta has said. He said these sectors represent the engines of growth and transformation for a ‘Ghana Beyond Aid’, and that the new lender’s focus will be to […]
ADB, DBG must team up to promote agric — Asantehene
Mr Alex Bernasko (4th right), Board Chairman of ADB; Mrs Abena Osei-Asare (4th left), Deputy Minister of Finance designate; Dr John Kofi Mensah (3rd left), MD of ADB, and other board and management members of ADB with the Asantehene, Otumfuo Osei Tutu II The Development Bank of Ghana (DBG), when established, should forge a closer […]
ADB holds customer appreciation get-together
The Agricultural Development Bank PLC (ADB) has held a customer appreciation cocktail for customers in the Ashanti region with a pledge to continue serving them with better Products and Services. A statement copied to the Ghana News Agency in Accra on Saturday said the Board Chairman of the Bank, Mr Alex Bernasko in his remarks […]
ADB, NIB to be refocused to remain relevant – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta says the fundamental objectives of special-purpose banks such as the NIB and ADB would have to be reviewed to help them secure the necessary capital so they can give out long-term funds as the government makes moves to establish a development bank. The Government of Ghana, in partnership with […]
Finance Minister dialogues with AGI; promises National Development Bank will be a game changer for industry
Finance Minister, Ken Ofori-Atta, says the National Development Bank which will take off from the end of July will be a game changer that will transform the country’s economy through industrialization and create more job opportunities. This is because it will provide long term funding of up to 15 years repayment period to businesses, at […]
Patient capital of up to 15-yrs is coming – Ofori-Atta assures businesses
Finance Minister, Ken Ofori-Atta The long-standing problem of lack of patient capital faced by businesses, particularly manufacturers, will soon be a thing of the past when the Development Bank of Ghana (DBG) comes off this year, Finance Minister Ken Ofori-Atta has assured. Speaking to captains of large producers in Accra, Mr. Ofori-Atta said the soon […]