U.S. Ambassador Launches $19 Million activity to boost Agriculture Finance in Ghana
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Accra, Ghana –U.S. Ambassador to Ghana Stephanie S. Sullivan joined Vice President of Ghana H.E. Dr. Mahamudu Bawumia on May 6, 2021, to outdoor a new U.S. government food security strategy.
The first activity is expected to attract $261 million in private sector financing to boost Ghanaian agribusiness.
The Honourable Minister of Food and Agriculture Dr. Owusu Afriyie Akoto also attended the virtual launch along with representatives of financial, agricultural, government, and private sector stakeholders.
The U.S. Global Food Security Strategy for Ghana (GFSS) is a five-year, interagency effort that aims to increase agricultural productivity, improve nutrition, and raise household incomes for millions of Ghana’s agricultural workers. Under the GFSS, the U.S. Agency for International Development (USAID) is committing $19 million to support the initial activity, known as Feed the Future Ghana “Mobilizing Finance in Agriculture” (MFA).