Banks should mobilise $10bn for medium and large-scale farming – Kojo Akoto Boateng
Joy FM presenter and commercial farmer Kojo Akoto Boateng has urged Ghana’s banks to work with the government and private sector to mobilise $10 billion for medium- and large-scale farming over five years.
Kojo Akoto Boateng, a Joy FM presenter and commercial farmer, has called on Ghanaian banks to collaborate with the government and private sector to raise $10 billion for medium and large-scale farming over a five-year period. During a discussion on Joy FM's Super Morning Show on September 23, 2026, he emphasized the need for banks to commit to financing agriculture on a larger scale.
He urged the Ghana Association of Bankers to come together and pool their resources to support the growth of agricultural businesses, which could help improve the quality and consistency of produce, expand irrigation, and supply manufacturers. Examples of large agricultural ventures that have created thousands of jobs include Golden Exotics and Miro Forestry.
Boateng also advocated for a more strategic approach to farming, urging a shift away from small-scale seed and fertilizer distributions to farmers who lack irrigation. He commended Ecobank for spearheading the dialogue on agricultural finance but stressed the importance of sustained cooperation across the banking sector to transform these discussions into actionable investments.
Written by urgent.news from Joy Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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