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GEXIM Bank to Anchor Agricultural Financing Under Mahama’s “Feed Ghana” Agenda

Prosper AGBENYEGA by Prosper AGBENYEGA
April 17, 2025
Reading Time: 2 mins read
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Ghana’s agricultural sector is set for a major financial shake-up as President John Dramani Mahama unveils plans to reorient the Ghana Export–Import Bank (GEXIM) as a strategic lender for agribusiness under the new “Feed Ghana Programme.”

Speaking at the launch of the initiative in Techiman on April 12, 2025, President Mahama identified limited access to credit as a longstanding hurdle for farmers and agribusinesses and pledged to address it by repositioning GEXIM to offer concessional loans to farmers and agro-enterprises, particularly those involved in value addition and export.

“We will equip GEXIM to become a driver of agricultural transformation—channeling low-cost financing into ventures that feed our people, power our agro-factories, and open doors for export,” President Mahama said.

The “Feed Ghana” programme, described as the centerpiece of Mahama’s rural revitalization and food security plan, targets key value chains including grains, poultry, vegetables, oil palm, and tubers. The initiative aims to reduce the country’s heavy import dependency and create jobs, particularly for the youth.

In a media interaction after the event, Acting GEXIM CEO, Hon. Sylvester Mensah, reaffirmed the Bank’s commitment to the programme, saying it aligns directly with GEXIM’s strategic vision to support projects that drive productivity, food self-sufficiency, and job creation.

He added that GEXIM will support agro-processing zones to be developed with reliable infrastructure such as irrigation, roads, energy, and warehousing to attract both local and foreign investment.

The move comes as part of a broader national effort to strengthen food systems, promote agribusiness, and unlock economic opportunities in rural Ghana.

Tags: Agricultural FinancingAnchorGEXIM BankMahama’s “Feed Ghana” Agenda
Prosper AGBENYEGA

Prosper AGBENYEGA

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