11
Jul
The Food and Agriculture Ministry (MoFA) is considering the prospect of recommending to Cabinet, the need to introduce an agriculture finance law to pursue banks to invest in the sector. There is currently huge demands for agriculture credit in the country with a resultant lack of response from financial institutions due to the potential high default risks. The sector minister, Dr Owusu Afriyie Akoto, who was speaking to the B&FT at the launch of the agriculture stakeholder convening and advocacy platform by the Ghana Incentive-Based Risk-Sharing System for Agricultural Lending (GIRSAL), said, “lack of credit and response from commercial banks…