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DBG targets more than GH¢1bn agric funding from 2025

Kwamina Duker

The Development Bank Ghana (DBG) has revealed that the Agricultural Sector will receive a chunk of its allocation in the next phase of funding through commercial banks and other financial institutions. The institution is looking at setting aside more than GH¢1 billion to support the sector from 2025.

The Bank is expected to advance about GH¢5 billion in various sectors of the economy from 2025. This is DBG’s next phase of funding after disbursing more than GH¢1.6 billion since it started operations in 2022.

These are long term funds the bank received from its partners like the World Bank, German Development Agency, KFW and the African Development Bank to support various sectors of the Economy. The Chief Executive, Kwamina Duker noted that, agric sector will be number one in the next phase of funding.

Why Agric Sector?

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