Finance Minister Dr Cassiel Ato Forson has assured that the government will recapitalize 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.
