MoFA facilitates funds to support rice producers as the country targets self-sufficiency in rice production

MoFA facilitates funds to support rice producers as the country targets self-sufficiency in rice production

As Ghana targets self-sufficiency in rice production, the Ministry of Food and Agriculture is facilitating the provision of funds to support rice processors across the country through financial arrangements with the Agricultural Development Bank. The Ministry says rice value chain actors can now access loans at a 50% subsidized rate from selected banks across the […]

Tanzania: State Effort in Rebuilding Economy - Reflections On Samia's One Year in Office

Tanzania: State Effort in Rebuilding Economy – Reflections On Samia’s One Year in Office

THE last two years have provided a near-perfect test-case for economic resilience for most economies. The Covid-19 pandemic was a least expected occurrence but perhaps; the most disruptive since World War II. Like many nations around the world, the immediate challenge for most African countries was how to manage the spread of the virus to […]

Ghana: Funding 1D1F - Govt Disburses Gh¢273 Million to 15 Banks

Ghana: Funding 1D1F – Govt Disburses Gh¢273 Million to 15 Banks

The Minister of Trade and Industry, John Alan KwadwoKyerematen, has disclosed that government, since the implementation of its flagship programme, One District, One Factory, has released GH¢273,055,513 to 15 Participating Financial Institutions (PFIs) between 2017 and 2021. The amount is for the payment of interest subsidies to de-risk loans granted to beneficiary companies by the […]

TADB sets aside Sh450bn for empowering young entrepreneurs

TADB sets aside Sh450bn for empowering young entrepreneurs

TADB managing director Frank Nyabundege Dar es Salaam. The Tanzania Agricultural Development Bank (TADB) has allocated Sh450 billion for empowering youth, women and other entrepreneurs in agribusiness. The funds will be released to the beneficiaries after the process of providing them with education on agricultural issues has been completed through council directors, regional and district […]