Skip to main content

MoFA assures budgetary allocation to sustain modernisation of agriculture


 The Ministry of Food and Agriculture has pledged to maintain the legacy of modernising agriculture in the country through budgetary allocation for all agriculture colleges. The move is part of a wider effort to sustain policies like the Technical Education Development for Modernised Agriculture in Ghana (TEDMAG), which has been deemed a success.

Speaking at the final stakeholder meeting of the TEDMAG project, Deputy Agric Minister Yaw Frimpong Addo emphasised the importance of maintaining the facilities of agriculture colleges to ensure that they remain functional for years to come. He added that, once the facilities have been upgraded, the ministry will allocate funds for maintenance in its annual budget.

The TEDMAG project was initiated by the Government of Canada in 2017 with a budget of 135 million dollars. Its main aim was to revamp the curriculum at agric colleges and complement Ghana’s modernising agriculture agenda. According to Kathleen Flynn-Dapaah, Head of Cooperation at the High Commission of Canada in Ghana, the TEDMAG project was focused on empowering women in agriculture along the value chain.

“The governments of Canada and Ghana have been working under this project to promote gender equality. Through our partnership with government of Ghana and non-governmental organisations, women in agriculture in Ghana are empowered in various ways. They have higher levels of financial autonomies allowing them to buy lands, to purchase rudimentary agro-processing machines, to expand their agro-processing activities and with the extra resources to improve their homes,” she intimated.

Cedonia Akanpisi, a student of Damongo Agriculture College and a beneficiary of the TEDMAG project, shared her experience of how the initiative has impacted her life. She said that the project has changed the negative perception of agriculture and has inspired great zeal and passion for the field.

The commitment of the Ministry of Food and Agriculture to maintain the facilities of agriculture colleges is a crucial step towards ensuring that the TEDMAG project’s successes are sustained. It is also an indication of the government’s determination to modernise agriculture in the country and promote gender equality in the sector.

Furthermore, it is expected that the modernisation of agriculture in Ghana will attract more investment to the sector and improve the country’s overall economic prospects. Agriculture is the backbone of the Ghanaian economy, and the country’s government recognises the need to make strategic investments to ensure that the sector remains competitive in the global market.

The pledge to maintain the facilities of agriculture colleges will also support the government’s efforts to create job opportunities for young people in the country. With the right investments and policies in place, Ghana’s agriculture sector can create a sustainable source of employment and income for its citizens.

The Ministry of Food and Agriculture’s commitment to maintain the facilities of agriculture colleges is a positive step towards the modernisation of Ghana’s agriculture sector. It demonstrates the government’s determination to sustain the successes of the TEDMAG project and promote gender equality in the sector. This move will not only create job opportunities for young people but also attract more investment to the sector and improve the country’s economic prospects.

Comments

Popular posts from this blog

MTN Ghana & MTN MoMo CEOs win laurels at Ghana CEO Awards

  The Chief Executive Officer of MTN Ghana, Selorm Adadevoh ,   has been adjudged  CEO of the Year  –  Telecom  at the  2 nd  edition of the  Ghana CEO  Vision  and  Awards   held  in Accra. At the same event, the CEO of Mobile Money Limited (MTN MoMo), Shaibu Haruna was also adjudged CEO of the Year – FinTech Service Provider. Selorm  Adadevoh’s award  is in recognition  of  his   achievements   in the areas of   sustainability, leadership excellence, innovation and others  in the telecoms space  which  has contributed to  job creation to support the  growth of Ghana’s economy. Patrick Afari (r), General Manager, Supply Chain Management and General Services receiving CEO of the Year – Telecom Award on behalf of Selorm Adadevoh Receiving the award on behalf of Selorm, Patrick Afari, General Manager, Supply Chain Management and General Services ,  expressed appreciation to the organizers for the award. He  noted that  th e  award will go a long way to inspire MTN to do more for Ghanaian

EB-ACCION DISBURSES US$15 MILLION

By Fred SARPONG Ecobank-Accion (EB-Accion), a partnership between Ecobank Ghana Limited and Accion International has disbursed amount to the tune of $15 million to over 36,000 borrowers in Micro, Small and Medium Enterprises (MSMEs) sector in the country, since the institution was set up barely six months ago. Frances Adu-Mantey, the Managing Director of EB-Accion disclosed this to Business Week in Accra last week during the official opening of Accion Hub headquarters in Africa. The institution’s current portfolio stands at GH¢4 million. She stated that currently, EB-Accion have over 6100 customers who save with them throughout the four branches of the institution. According to her, in order to improve the services of the institution, Ecobank Share Services center will facilitate the technology aspect of the bank by networking all the branches of EB-Accion. Maria Otero, President and Chief Executive Officer of Accion International said that the center’s staff in Accra will provide supp

Amantin & Kasei Community Bank posts impressive growth, with over GH¢1m profit

 Amantin and Kasei Community Bank, at Amantin in the Bono East Region has posted impressive growth in all the performance indicators during 2022 financial year under review. The bank recorded profit after tax of GH¢1,055,662, representing 35.66% more over the 2021 figure of GH¢778.151. This achievement stemmed out of 49.24% gross income growth from GH¢8,143,526 to GH¢12,153,537. Total deposits of the bank went up by 36.20%, changing from GH¢50,959,848 in 2021 to GH¢69,405,591 in 2022. The bank increased loans and advances by 22.15% from GH¢14,128,017 to GH¢17,257,614. Total assets showed an appreciation of 29.32%, amounting to GH¢77,918,288 as against GH¢60,250,693 in the previous year. On the other hand, the bank posted a marginal increase in short term investments portfolio from GH¢24,439,761 to GH¢26,585,698, indicating 8.78% change. The Chairman of Board of Directors, Amantin and Kasei Community Bank, Dr. John Oduro-Boateng, disclosed this during the 18th annual general meeting of