GAFET sets GH¢100m target to transform agricultural education by 2028
The Ministry of Food and Agriculture (MoFA) has launched the Ghana Agricultural Fund for Education and Transformation (GAFET), a national endowment designed to provide sustainable financing for agricultural education and the human capital needed to transform the sector. The Fund was formally launched by the Minister for Food and Agriculture, Honourable Eric Opoku, at a […]
The Ghana Agricultural Fund for Education and Transformation (GAFET) has set a goal of GH¢100 million by 2028 to modernize agricultural education in Ghana. Launched by the Ministry of Food and Agriculture, GAFET aims to provide long-term financing for agricultural education, closing the funding gap of about GH¢12 million faced by these institutions.
Currently, only 2 percent of tertiary students are enrolled in agricultural programs, despite agriculture contributing over a fifth of Ghana's economy. GAFET will manage contributions in a professionally-led endowment, using annual returns to finance priorities across the agricultural education system. The fund will focus on enhancing practical training, mechanization, research, digital agriculture, agribusiness incubation, faculty development, and scholarships.
GAFET has already raised GH¢3.5 million in founding capital and aims to grow to GH¢10 million by 2026 and GH¢100 million by 2028.
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