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Home Business Agribusiness

Agric Minister allocates $40m World Bank funding for Farmers affected by Akosombo Dam spillage

2 years ago
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Agric Minister allocates $40m World Bank funding for Farmers affected by Akosombo Dam spillage

The government’s decision to release $40 million of World Bank support funding to farmers affected by floods stemming from the spillage of excess water from the Akosombo and Kpong dams is a significant step in helping these farmers recover from the devastating impact on their livelihoods.

The floods have not only displaced over 20,000 people but have also caused extensive damage to agricultural lands.

Agriculture Minister Bryan Acheampong’s directive to allocate this emergency funding from the World Bank’s Food Systems Resilience Programme demonstrates the government’s commitment to supporting the affected farmers. The release of these funds will aid in the restoration of farmlands and assist farmers in getting back on their feet.

The government’s decision to allocate these funds is a response to the urgent need for assistance, and it recognizes the importance of agriculture in the affected regions.

It is also a positive step towards helping those who have suffered due to these circumstances, and it underscores the government’s commitment to addressing the challenges faced by the affected farmers.

Tags: Agric Minister allocates $40m World Bank funding for Farmers affected by Akosombo Dam spillage
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