The Agricultural Development Bank (ADB), yesterday presented cheque for GH¢600, 000 to the 2021 National Best Farmer, Alhaji Mohammed Mashud, in Accra. This was in fulfilment of the bank’s continuous pledged to be the lead sponsor of the Farmers Day Celebrations, since its inception, in 1988. The Managing Director of the Bank, Dr John Kofi […]
Tag: XGHA_ADB
Rwanda to Launch $350 Million Agriculture Financing Facility
The government is expected to start an agriculture facility with an initial investment of $350 million (about Rwf350 billion), Prime Minister Edouard Ngirente has said, indicating that it will help provide farmers loans at less than 10 per cent interest rate. The Premier said that this is an initiative Rwanda is going to implement in […]
ADB opens 87th branch at Takoradi Market Circle
The Agricultural Development Bank PLC (ADB) as part of its corporate strategy has opened a new branch in Takoradi in the Western Region, making it the 87 th branch of the bank nationwide. The new branch located within the Takoradi Market Circle area is in response to the growing business population and a heed to […]
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
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 […]
27 Branches Of ADB Resumes Saturday Banking
The Agricultural Development Bank PLC (ADB) has resumed its Saturday Banking Services in 27 branches across the country. The selected Branches in the Greater Accra Region include; Spintex, Madina, Tema Main, Dansoman, Kaneshie, Makola, Ridge, New Town, Nima, Ring Road Central (RRC), Teshie, Nungua and Abeka Lapaz. Also in the Ashanti and Bono/Bono East Regions, […]
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 […]
ADB holds appreciation dinner for customers in Western region
The Agricultural Development Bank PLC (ADB) has organised an appreciation dinner for customers of the bank in the Western Region. The dinner which attracted customers from all four branches in the region is part of the bank’s strategy for the management to interact with customers and also thank them for doing business with the bank. […]
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 […]
ADB to open 14 new branches nationwide
Dr John Mensah (left) interacting with customers at the programme The Agricultural Development Bank PLC (ADB) plans to increase its 86-networked locations nationwide to about 100 as part of a strategy to extend its services closer to all Ghanaians. The 14 new branches are to be cited in small towns and villages especially in the […]