Gov't to capitalise Agricultural Development Bank in 2026 – Finance Minister

Finance Minister Dr Cassiel Ato Forson has assured that the government will recapitalise the Agricultural Development Bank (ADB) next year as part of efforts to reposition the institution to better serve Ghana’s agricultural sector.
In a statement shared via social media on Wednesday, July 9, Dr Forson reaffirmed his commitment to strengthening the bank’s financial capacity.
“I want to assure the board and management that I will capitalise ADB next year,” he stated.
This announcement comes at a time when ADB is expected to play a more robust role in financing agriculture and agro-processing.
The bank has long been considered a key pillar in Ghana’s agricultural transformation agenda.
The Finance Minister’s commitment is expected to boost confidence in ADB’s ability to support large-scale agricultural investments and value-chain development going forward.
Source: Classfmonline.com/Cecil Mensah
Trending Business
Ghana secures $30million grant from China
11:05Solar Taxi engages Energy Ministry on scaling up e-mobility in Ghana
10:48Reviv and Healthy Skin & Nails partner with Accra London Health Centre
09:27I make a solemn pledge to support Goldbod – Finance Minister
02:25Board of National Food Buffer Stock Company engages staff in landmark meeting
01:08Mahama credits Cedi’s strength to GoldBod
13:14$1.2bn gold smuggled during economic crisis – Finance Minister
12:23GIPC unveils post-investment support for businesses
08:44Gov't pays $349.52 million Eurobond debt service to fulfill 2025 obligations
12:21IMF approves Ghana’s 4th ECF review to unlock $370 million disbursement
02:36