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in Banking

ADB Pledges Powerhouse Financing to Strengthen Ghana’s Food Security Drive

Maynard Championby Maynard Champion
December 6, 2025
Reading Time: 4 mins read
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ADB Pledges Powerhouse Financing to Strengthen Ghana’s Food Security Drive

Ghana’s agricultural sector has received a renewed boost as the Agricultural Development Bank (ADB) PLC reaffirmed its strong backing for government initiatives aimed at strengthening food security and accelerating national development.

The commitment was delivered by the Deputy Managing Director (DMD Services) of ADB, Professor Ferdinand Ahiakpor, who spoke on behalf of the Managing Director, Edward Ato Sarpong, during a high-level forum in Accra. The forum brought together key stakeholders from ADB, the Ministry of Food and Agriculture (MOFA), and the Ministry of Fisheries and Aquaculture Development (MoFA), all of whom shared insights on advancing the country’s agricultural transformation agenda.

In his address, Prof. Ahiakpor commended the government for introducing forward-looking agricultural initiatives that target both food security and broader economic growth. He emphasized ADB’s long-standing commitment to supporting national agricultural goals and noted that the bank remains more prepared than ever to back the government’s strategic interventions. This year’s forum, he said, provided a timely platform to realign efforts and strengthen collaboration across institutions.

Prof. Ahiakpor reaffirmed the bank’s unwavering pledge to ensure the successful implementation of several government-led programmes aimed at driving sustainable agricultural advancement. His remarks captured the bank’s belief in agriculture as a central pillar of Ghana’s economic transformation.

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Strategic Interventions to Boost Production

During his presentation, Prof. Ahiakpor highlighted a number of strategic initiatives that ADB is prioritizing as part of its broader support agenda. These interventions include the Oil Palm Development Finance Window, the establishment of Farmers’ Service Centers, and the Women and Youth in Aquaculture Programme.

He explained that these programmes are not isolated projects but interconnected efforts designed to uplift productivity, expand value chains, and open new doors for agribusiness actors across the country.

“These interventions are designed to boost production, expand agribusiness opportunities, and safeguard national food systems,” Prof. Ahiakpor noted, underscoring the bank’s commitment to building resilience in Ghana’s agricultural landscape.

Beyond the core initiatives, ADB is also reinforcing its support for the National Food Buffer Stock Company. Prof. Ahiakpor explained that the bank will enhance financing to enable the mopping up of excess produce from farmers nationwide. This effort is expected to prevent post-harvest losses, promote price stability, and preserve food availability throughout the year.

His statement emphasized the importance of creating an agricultural sector that can withstand shocks while guaranteeing steady supply to markets. Strengthening the food buffer system remains one of the most crucial steps toward sustainable food security, and ADB’s renewed investment commitment signals a powerful step forward.

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WhatsApp Image 2025 12 06 at 01.09.26 1

Investments in Inputs and Infrastructure

ADB’s support extends beyond financing programmes. The bank is preparing to increase investments in essential agricultural inputs and infrastructure. According to Prof. Ahiakpor, the bank will invest in fertilizers, seeds, and agrochemicals while also directing resources toward warehouses, agro-processing facilities, and irrigation systems. These investments will not only improve productivity but also enhance efficiency across agricultural value chains.

“In addition, the Bank is set to increase investments in essential agricultural inputs and infrastructure, ranging from fertilizers, seeds, and agrochemicals to warehouses, agro-processing facilities, and irrigation systems all geared toward improving productivity and creating a more resilient agricultural sector.”

Prof. Ahiakpor

Such infrastructure development is expected to reduce bottlenecks, improve storage capacity, enhance processing output, and ultimately ensure that farmers earn more from their produce.

Deepening Collaboration for Effective Delivery

To drive these ambitious plans, ADB’s Agribusiness Division has been tasked with deepening engagement with MOFA, the Ministry of Fisheries and Aquaculture Development, and other key stakeholders. Prof. Ahiakpor explained that the objective is to develop practical collaborative frameworks that will ensure smooth, effective, and timely implementation of all planned interventions.

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He stressed that effective partnership is at the heart of sustainable agricultural development. By working hand in hand with government agencies and sector actors, ADB aims to streamline processes, eliminate delays, and ensure that its support reaches the intended beneficiaries without hindrance.

Prof. Ahiakpor concluded by emphasizing that ADB’s readiness to partner with government aligns with the bank’s broader mission to enhance agricultural productivity and improve national food security. “Our readiness to partner government forms part of ADB’s broader mission to enhance agricultural productivity and improve food security,” he said.

With a combination of targeted interventions, increased financing, and strengthened institutional partnerships, ADB is positioning itself as a central force in Ghana’s journey toward sustainable food security and agricultural prosperity.

READ ALSO:Deputy Agric Minister Outlines New Strategy to Feed Industry, Halt Post-Harvest Losses

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Tags: ADB GhanaAgricultural Development BankFarmers Service Centers Ghanafood security GhanaGhana agriculture newsMinistry of Fisheries and Aquaculture DevelopmentMOFA GhanaOil Palm Development Finance WindowWomen and Youth in Aquaculture Programme
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