• Login
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
  • Home
  • News
    • General
    • Political
  • Economy
  • Business
    • Agribusiness
    • Aviation
    • Banking & Finance
    • Energy
    • Insurance
    • Manufacturing
    • Markets
    • Maritime
    • Real Estate
    • Tourism
    • Transport
  • Technology
    • Telecom
    • Cyber-security
    • Cryptocurrency
    • Tech-guide
    • Social Media
  • Features
    • Interviews
    • Opinions
  • Reports
    • Banking/Finance
    • Insurance
    • Budgets
    • GDP
    • Inflation
    • Central Bank
    • Sec/Gse
  • Lifestyle
    • Sports
    • Entertainment
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video
No Result
View All Result
No Result
View All Result
NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
No Result
View All Result
Home Business Agribusiness

ADB wins 1D1F Financial Service Provider of the Year Award at 2021 Manufacturing Awards

4 years ago
in Agribusiness, highlights, Home, home-news, latest News, Manufacturing
2 min read
0 0
0
109
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

The Agricultural Development Bank (ADB) has been awarded the One District, One Factory (1D1F) Financial Service Provider of the Year at the 2021 Ghana Manufacturing Awards (GMA), held at the Kempinski Hotel, Gold Coast City in Accra.

The honour affirms the Bank’s support to businesses under the government’s flagship industrialisation programme which seeks to build or revamp a factory in each District in the country for sustainable job creation and also to take advantage of the Africa Continental Free Trade Agreement.

Since the launch of the initiative in 2017, the Bank has supported about twenty companies with a total amount of over One Hundred Million Ghana Cedis in the areas of agro processing, aquaculture, poultry, construction and manufacturing.

The beneficiary regions include, Bono, Ashanti, Greater Accra, Eastern, Volta and Central region with the highest beneficiary industries being in the areas of agro processing and the Poultry industry.

The Managing Director of the Bank, Dr John Kofi Mensah expressed his excitement about the awards and said the Bank was ready to support companies with all the needed financial support especially in the area of agribusiness.

“Being an agribusiness focused Bank, we take particular interest in the area of agribusiness and since it is an area that goes beyond just job creation but also food security, he said.

Dr. Kofi Mensah said, the Bank has a dedicated desk for the 1D1F programme and all proposals were properly scrutinized to ensure the companies and the projects to be embarked on were sustainable and will create jobs for the youth.

RelatedPosts

GRA to Tax Cryptocurrency Gains as Authority Prepares Digital Tracking System

 Importers and Exporters Association Decries “Mafiarian” Auctions of Perishable Goods at Ghana’s Ports

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years

“We are proud to be the winner of this award, we have been a key supporter of 1D1F since its inception and this award goes to show that our efforts have been duly recognised, we dedicate this award all our customers who continue to show that with the right financial support, economic growth is guaranteed.

“To the businesses who think they are unable to access support for growth and expansion, ADB is here for you. This award indeed shows that we are the bank ready to support industrial growth,” he said.

The awards programme, which was on the theme: ‘Leveraging on AfCFTA; the role of 1D1F’, saw28 outstanding companies and individuals from different sectors awarded for resilience, transformative initiatives and excellent. Seven others were also honored with special awards.

Minister of Trade and Industry, Alan John Kyerematen, in a speech read on his behalf as the guest of honour, stated that government’s comprehensive industrial transformation programme, initiated since 2017, is on course to making the country a leading manufacturing hub in Africa.

He indicated that 232 1D1F factories in 154 districts are at various stages of implementation, which includes 64 existing companies that are in expansion and 162 new companies. “Projects operating under 1D1F-76, under construction-107, ready to commence construction-36,” he added.

He urged manufacturers and business people to take advantage of the various trade opportunities including Africa Continental Free Trade Area (AfCFTA) to maximize their gains and scale up production to create more jobs and boost economic growth in the country.

He stated that government is determined to ensure that indigenous manufacturing companies take full advantage of AfCFTA and as such the Ministry of Trade and Industry was the first in the subregion to put together the measures for processing AfCFTA Rules of Origin Certificate.

Source: Agricultural Development Bank
Via: norvanreports
Tags: 1D1F2021 Ghana Manufacturing Awards (GMA)Africa Continental Free Trade AgreementAgricultural Development Bank (ADB)Dr John Kofi MensahDrJohn Kofi Mensah
No Result
View All Result

Highlights

Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline

Ghana in Talks With Nigeria Over Possible Barter Deal to Swap Gas for Electricity

Ghana set to Save $300m in Debt Restructuring Deal With IPPs – ACEP’s Ben Boakye Discloses

Morocco and Madagascar set up Historic CHAN Final in Nairobi

US Open: Defending Champions Swiatek and Sinner Cruise Into Second Round

Otto Addo Names Strong 24-Man Squad As Black Stars Prepare For Crucial World Cup Qualifiers Against Chad and Mali

Trending

Business

GRA to Tax Cryptocurrency Gains as Authority Prepares Digital Tracking System

August 27, 2025

GRA to Tax Cryptocurrency Gains as Authority Prepares Digital Tracking System The Commissioner-General of the Ghana Revenue...

 Importers and Exporters Association Decries “Mafiarian” Auctions of Perishable Goods at Ghana’s Ports

August 27, 2025

Nigeria Leads as Africa’s Wealthiest Economies Lose Over 8,000 Millionaires in 10 Years

August 27, 2025

Financial Stocks Gain as Accra Bourse Slips on Prime Index Decline

August 27, 2025

Ghana in Talks With Nigeria Over Possible Barter Deal to Swap Gas for Electricity

August 27, 2025

Who we are?

NORVANREPORTS.COM |  Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World

NorvanReports is a unique data, business, and financial portal aimed at providing accurate, impartial reporting of business news on Ghana, Africa, and around the world from a truly independent reporting and analysis point of view.

© 2020 Norvanreports – credible news platform.
L: Hse #4 3rd Okle Link, Baatsonaa – Accra-Ghana T:+233-(0)26 451 1013 E: news@norvanreports.com info@norvanreports.com
All rights reserved we display professionalism at all stages of publications

No Result
View All Result
  • Home
  • Business
    • Agribusiness
    • Aviation
    • Energy
    • Insurance
    • Manufacturing
    • Real Estate
    • Maritime
    • Tourism
    • Transport
    • Banking & Finance
    • Trade
    • Markets
  • Economy
  • Reports
  • Technology
    • Cryptocurrency
    • Cyber-security
    • Social Media
    • Tech-guide
    • Telecom
  • Features
    • Interviews
    • Opinions
  • Lifestyle
    • Entertainment
    • Sports
    • Travel
    • Environment
    • Weather
  • NRTV
    • Audio
    • Video

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
NORVANREPORTS.COM | Business News, Insurance, Taxation, Oil & Gas, Maritime News, Ghana, Africa, World
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.