The Managing Director of the Agricultural Growth Financial institution (ADB), Edward Ato Sarpong, has known as on manufacturing corporations to take full benefit of the present conducive financial panorama to drive innovation, competitiveness, and progress within the sector.
Commenting on the ninth Ghana Manufacturing Awards just lately held on the Labadi Seashore Lodge, Edward Ato Sarpong highlighted the important position of producing in reaching inclusive and export-led financial transformation.
“The present financial setting presents distinctive alternatives for native producers to innovate, increase into export markets, and deepen their worth chains,” the MD famous.
He added that ADB stands able to companion with the sector by means of focused financing and technical help.
“At ADB, we view manufacturing as an important companion. The financial institution has lengthy supported numerous areas throughout the manufacturing business, together with attire manufacturing. The agricultural worth chain is one other key space that’s so pricey to us as a financial institution,” he stated.
“As a financial institution with a mandate to advertise agribusiness, we’re dedicated to supporting viable manufacturing ventures that drive export potential, empower SMEs, and undertake sustainable manufacturing practices.
“Our tailor-made financing options, technical partnerships, and sector-specific merchandise are designed to assist native industries develop past borders,” he added.
“We imagine that supporting agro-processing and industrial innovation is vital to decreasing post-harvest losses, growing export earnings, and strengthening meals safety,” he additional acknowledged.
Edward Ato Sarpong additionally known as for efficient collaborations with authorities, policymakers, and different key stakeholders and constant funding in abilities growth, infrastructure, and know-how to completely unlock Ghana’s manufacturing potential.
The nation has witnessed important appreciation of its foreign money (the Cedi) just lately, with different authorities insurance policies such because the Large Push anticipated to catalyze to facilitate nationwide growth. ADB performs a key monetary intermediation position within the financial growth of Ghana.
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DISCLAIMER: The Views, Feedback, Opinions, Contributions and Statements made by Readers and Contributors on this platform don’t essentially signify the views or coverage of Multimedia Group Restricted.
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