The Deputy
Governor, Bank of Ghana, Millison Narh has called on financiers to invest in
innovative driven-projects in the agriculture value chain system.
Speaking at the
opening session of the 8th African Rural and Agricultural Credit Association
(AFRACA) General Assembly held in Accra, recently, Narh who also is the vice chairman,
AFRACA, said focus should be on the establishment of agriculture commodity
markets.
Investment in
the sector, Narh said, would go a long way in solving the issue of decline in
Africa's agric sector with its adverse effects on food security.
Improved access
to suitable agric technologies and credit facilities, according to Narh could
sustain the value chain process.
He also noted
that the provision of relevant training programmes for agric sector workers and
a revision of the land tenure system to give access to arable lands for
productive use would contribute to enhancing the sector.
AFRACA, NaijaAgroNet gathered was established in
1977 to serve as a high level coordinating body to address and advocate for
agriculture finance policy in order to strengthen Africa' rural poor.
Further, he urged
African governments and policy makers to make appropriate policy interventions
which would entail infrastructure development and appropriate training
opportunities for farmers, and make fiscal incentives available for financial
institutions who are focusing on agric lending.
Yinka Awosanya/ED
... Linking agrobiz, people & technology
