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Agribusiness gets boost as government secures US$ 183 million for machinery


Agribusiness gets boost as government secures US$ 183 million for machinery

November 11, 2019 at 8:39 AM

Dr Owusu Afriyie Akoto, the Minister for Food and Agriculture has announced a big boost for agribusiness as his Ministry secures financial support from India and Brazil through government to purchase machinery to enhance agro processing in the country.

The loan facilities, comprising US$150 million and US$33 million - coming from India and Brazil respectively, form part of government's agricultural transformational strategies to ensure value addition to farmer produce, increase storage span of farm produce and create jobs for citizens to earn foreign exchange.

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