MoFA Launches fund to boost agricultural education and skills development
The Ministry of Food and Agriculture (MoFA) has established the Ghana Agricultural Fund for Education and Transformation (GAFET) to provide sustainable financing for agricultural education and human capital development. The national endowment fund was officially inaugurated by the Minister of Food and Agriculture, Eric Opoku, at a ceremony in Accra attended by development partners, financial […]…
The Ministry of Food and Agriculture (MoFA) has unveiled the Ghana Agricultural Fund for Education and Transformation (GAFET) to secure sustainable funds for agricultural training and workforce development. GAFET was launched by Minister Eric Opoku in Accra, drawing key stakeholders including investors, agribusiness leaders and students.
The government aims to raise GH¢10 million by the year's end for GAFET's establishment, with 35% of the target already secured at GH¢3.5 million. The initiative seeks to bolster Ghana's agricultural workforce with relevant skills and knowledge to enhance productivity. MoFA is striving to raise an additional GH¢6.5 million by 2026 to hit the fundraising goal.
Minister Opoku expressed optimism about GAFET's progress and its potential for attracting further support from partners. The ministry plans to substantially increase the fund over the next two years, with a lofty long-term target of GH¢100 million by 2028.
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