By Benjamin Nii Nai Anyetei
The Minister of Finance, Dr Cassiel Ato Forson, says a $22.6m World Bank loan under the West Africa Food System Resilience Project (FSRP) will significantly strengthen Ghana’s food security and help address long-standing structural challenges in the agricultural sector.
Dr Forson made this known during a working tour of Golden Exotics Limited, a leading banana production and export company, as well as rice farms in Kpong and Asutsuare in the Eastern and Greater Accra regions on Friday, 30 January 2026.
The World Bank-supported project, which is being implemented by the Government of Ghana, is designed to improve farmers’ access to reliable weather and climate advisory services through digital platforms. It also aims to boost the production of key commodities, including maize, rice, soybean, tomato and poultry, to enhance productivity and resilience across the country’s food system.
According to Dr Forson, the loan facility will play a critical role in addressing persistent challenges in the agricultural sector.
“I thank the World Bank for the support and for making this facility available to the Government of Ghana to help develop our agricultural sector. This is a sector that has struggled over the years, and this support will go a long way,” he said.
The World Bank’s Division Director for Ghana, Liberia and Sierra Leone, Robert Taliercio, said the project demonstrates the Bank’s continued commitment to supporting Ghana’s agricultural development priorities.
He noted that agriculture contributes significantly to Ghana’s gross domestic product and remains one of the country’s largest sources of employment, making it a critical pillar of the economy.
“Agriculture is a very important sector for Ghana. Infrastructure remains a recurring challenge, and despite these constraints, the World Bank remains committed to supporting Ghana, particularly in addressing infrastructure gaps,” Mr Taliercio said.
The FSRP forms part of broader efforts to strengthen Ghana’s food systems, improve farmer resilience and enhance national food security amid climate and economic pressures.
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Source:
www.gbcghanaonline.com