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Home Business Agribusiness

World Bank Commits $22.6m to Strengthen Ghana’s Food System Resilience

3 months ago
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Variety kinds of natural cereal and grain seed in sack and dark tone, for clean food raw material and agricultural product concept

Variety kinds of natural cereal and grain seed in sack and dark tone, for clean food raw material and agricultural product concept

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World Bank Commits $22.6m to Strengthen Ghana’s Food System Resilience

The Minister of Finance, Dr. Cassiel Ato Forson, says a US$22.6 million financing facility from the World Bank under the West Africa Food System Resilience Project (FSRP) will provide a significant boost to Ghana’s food security efforts while addressing entrenched structural weaknesses in the agricultural sector.

Dr. Forson made the remarks on Friday, January 30, 2026, during a working visit to Golden Exotics Limited, a major domestic banana producer and exporter, as well as selected rice farms at Kpong and Asutsuare in the Eastern and Greater Accra regions.

The World Bank–backed initiative, which is being implemented by the Government of Ghana, is designed to strengthen resilience across the food system by expanding farmers’ access to timely weather and climate advisory services through digital platforms. The project also targets increased production of priority commodities such as maize, rice, soybean, tomato, and poultry to enhance productivity and reduce vulnerabilities within the sector.

According to the Finance Minister, the facility will play a pivotal role in addressing persistent bottlenecks that have constrained agricultural growth over the years.

“Let me thank the World Bank for the support and for making this loan facility available to the Government of Ghana to help us develop the agriculture sector. This is a sector that has faced significant challenges over time, and this intervention will make a meaningful difference,” Dr. Forson stated.

For his part, the World Bank’s Division Director for Ghana, Liberia and Sierra Leone, Robert Taliercio, said the project underscores the Bank’s sustained commitment to supporting Ghana’s agricultural transformation agenda.

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He noted that agriculture remains a major contributor to Ghana’s gross domestic product (GDP) and a key source of employment, underscoring its strategic importance to the broader economy.

“Agriculture is a critical sector for Ghana. Infrastructure challenges persist, but despite these constraints, the World Bank remains committed to supporting the country, particularly in addressing infrastructure-related gaps within the sector,” Mr. Taliercio said.

Tags: Ghana’s Food SystemWorld BankWorld Bank Commits $22.6m to Strengthen Ghana’s Food System Resilience
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