Ghana: ADB pledges continued support to poultry industry

GHANA - Management of Agricultural Development Bank (ADB) has pledged its commitment and continued financial support to the poultry industry in-spite of the threat of the Avian Influenza (bird flu) which had already crippled the industry in Ghana.

Mr K. Adu-Gyamfi, General Manager in-charge of Loans and Advances of the bank, who stated this, said even though the bird flu scare had badly affected the poultry industry resulting in the lock up of billions of cedis of loans and advances made to poultry farmers in the country, the bank would not abandon the industry.

He made the pledge when presenting a cheque for 100 million cedis to the Faculty of Agriculture of the Kwame Nkrumah University of Science and Technology (KNUST) in Kumasi on Wednesday.

The donation was in fulfilment of a promise made by the bank to support the faculty to improve its infrastructure. Mr Adu-Gyamfi advised Ghanaians to continue to patronize poultry products to save the industry from total collapse. He announced that the bank had earmarked 1.6 trillion cedis to support agriculture in the country this year.

In addition, the bank had also initiated a young farmers' programme, to assist young graduates from schools and colleges to venture into agriculture. Professor S.A. Osei, Provost of the College of Agriculture and Natural Resources, mentioned inadequate classrooms, ICT facilities, overcrowded libraries, old and dilapidated farm structures, lack of means of transport for field and practical work as some of the problems facing the faculty.

Source: andnetwork.com
calendar icon 13 April 2006
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