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.
Ghanaian commercial farmer and Joy FM presenter Kojo Akoto Boateng has called on the country's banks to collaborate with the government and private sector to mobilise $10 billion over five years to support medium and large-scale farming. During a discussion on Joy FM’s Super Morning Show, Boateng emphasized the importance of banks working together to crowd in funds for agricultural development.
He argued that larger farms would improve agricultural produce quality and consistency, expand irrigation systems, and benefit manufacturers. Boateng highlighted the need for a more structured and business-led approach to farming, criticizing the current reliance on small-scale seed and fertilizer distribution. Ecobank was praised for leading the dialogue on agricultural finance, but Boateng stressed the necessity of sustained cooperation across the banking sector to transform these discussions into tangible investments.
Brief written by urgent.news from Joy Business's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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