• 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

Stanbic Bank partners TIAST Group to boost cassava processing

5 years ago
in Agribusiness, Banking & Finance, Business, highlights, Home, latest News
1 min read
0 0
0
151
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

RelatedPosts

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

Agricultural and processing machinery, TIAST Group and Stanbic Bank have signed a Memorandum of Understanding to finance buyers of cassava processing equipment to boost the sector in the country.

The Chief Business Officer, TIAST Group, Madam Lisa Hao, signed on behalf of the group while Mr Alhassan Andani, the Chief Executive Officer of Stanbic Bank signed for the bank.

The strategic cooperation between the two companies will provide financial assistance to cassava entrepreneurs for two to five years of equipment finance lease service, and a complete closed-loop financial support service.

Madam Hao said cassava processing was an important part of the industrial chain because the industry could encourage more farmers to plant cassava and expand production capacity to have pricing power in the international market.

She said the company had set up two bridges for technical research and investment and three cradles for talent training including; cassava cultivation, processing technical services and international trading practice to develop the cassava industrial chain.

Madam Hao urged prospective entrepreneurs to take advantage of the opportunity to expand their businesses and maximise the needed returns.

Mr Andani said the collaboration was a perfect approach to support farming in the country, especially in cassava processing with the required equipment and financial assistance.

He said agriculture employed about 70 percent of the population, but the country had witnessed high poverty index over the years, saying the agreement between the two companies would stimulate economic growth in the cassava sector.

“The collaboration is a better opportunity for the country to replicate the gains of the Cocoa Board. We must work to ensure that agriculture is resilient and competitive on the international market,” he said.

Director, Office of Planting for Food and Jobs, Ministry of Food and Industry, Mr Richard Twumasi, said the partnership complemented the government’s resolve and commitment to fully exploit all opportunities offered by the ongoing agricultural flagship interventions.

The Chief Director, Ministry of Trade and Industry, Mr Patrick Nimo, was optimistic that the partnership would modernise the entire cassava value chain to improve the sector and be competitive in the global market.

Tags: cassava processingPlanting for Food and JobsStanbic BankTIAST Group
No Result
View All Result

Highlights

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

Banking Sector Soundness Remains Robust in 2024 Amid Strong Profitability, Adequate Capital Buffers

Sha’Carri Richardson Withdraws from US Trials Following Arrest

From Singuluma to El Kaabi: Can CHAN 2024 Unleash the Next Hat-trick Hero?

Ghana to Welcome King’s Baton Relay on August 8 Ahead of 2026 Commonwealth Games

Trending

Features

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes

August 2, 2025

Parliament Adjourns Sine Die After Intense Legislative Session Marked by Reform Calls and Tributes Parliament has adjourned...

GACL Terminates Evatex Revenue Assurance Contract Amid OSP Probe

August 2, 2025

Cyber Security Authority Flags Rising Mobile Data Scam, Cautions Public

August 2, 2025

Gov’t Reopens Talks With PayPal to Restore Full Service Access in Ghana

August 2, 2025
Bank of Ghana

Financial Sector Assets up 34.6% in 2024 to GHS 525.59 Billion

August 2, 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.