Small holder farmers in Ghana to receive monetary support from the Brazilian government

pulse-ghana admin

July 14, 2017 1:06 PM

The Brazilian government will soon commit some funds to help boost Ghana's agric sector

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Ghana is set to benefit from a $96 million investment from the Brazilian government.

The fund is expected to be used to supply local farmers with agricultural machinery.

The facility comes in after an agreement between the government of Ghana and that of Brazil to commit some funds to help boost the Ghanaian econmy.

This is the second tranche of the facility, valued at $33million, was reached after a discussion between the Minister of Food and Agriculture of Ghana, Dr. Owusu Afriyie Akoto and his Brazilian counterpart, Blairo Maggi, in Brasilia.

The fund would also facilitate the acquisition of some logistics for the One Village One Policy of the government in some deprived Ghanaian communities.

Both ministers also discussed the possibility to collaborate to boost Ghana’s cocoa industry by adding value to chocolate production.

The investment would be geared towards providing beneficiaries of the government’s Planting for Food and Jobs Policy with basic machinery.

Also, the government has cancelled its tractor program to direct its efforts towards providing small holder farmers who cannot purchase these heavy duty machines with logistics for their farms.

The Minister of Food and Agriculture for Ghana said the country was committed to totally transforming the nation’s agricultural sector.

He however placed emphasis on the need for farmers to embrace technology to increase agricultural output to record-setting pace.

pulse-ghana admin