Dr John Kofi Mensah is Managing Director of the ADB After years of underperformance, the Agricultural Development Bank (ADB) appears to have turned the corner permanently – with its unaudited half-year results showing post-tax profit growing by some 80 percent. The bank recorded GH¢55.73million for the first half of the year against GH¢30.96million in a […]

Minister for Gender, Children and Social Protection, Madam Sarah Adwoa Safo, has promised to solve all issues relating to the Ghana National School Feeding Programme (GNSFP) for its smooth operation. “Since I came into office, the School Feeding Programme has been at the heart of my agenda. I can assure you that we are working […]

Ghana’s sole agriculture bank, the Agricultural Development Bank, has begun recording consistent growth in profit as earnings went up by about 80% year-on-year to ¢55.7 million in the first half of this year. This resulted in earnings per share (EPS) inching up by about 138.6% to 21.29 pesewas. During the same period last year, EPS […]

Minster Adwoa Safo (sixth right) after meeting leadership of the caterers’ umbrella body The Minister for Gender, Children and Social Protection, Hon. Sarah Adwoa Safo has promised to solve all issues relating to School Feeding for smooth running of the programme at a meeting with the leadership of the Ghana National School Feeding Caterers Association […]

THE government has called on the Tanzania Agricultural Development Bank (TADB) to continue encouraging Tanzanians to invest in agriculture, livestock and fisheries in order to stimulate the country’s economic growth and development. Finance and Planning Deputy Minister Engineer Hamad Masauni said that adding: "Although the bank has been performing well, there was a need of […]

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 […]

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 […]

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 […]

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 […]