Business News of Monday, 11 November 2019Source: www.ghananewsagency.orgAgribusiness gets boost as government secures US$183 million for machineryDr Owusu Afriyie Akoto, Minister for Food and AgricultureDr Owusu Afriyie Akoto, the Minister for Food and Agriculture has announced a big boost for agribusiness as his Ministry secures financial support from India and Brazil through government to purchase machinery to enhance agro-processing in the country. According to the Minister, "This will help to manage food surpluses produced in the country, especially during high yielding seasons, for storage and export to promote food security". He estimated that the exported food items could be quantified and valued to earn about US$ 100 million on the face of market pricing. Hajia Musah Hawa, Acting Northern Regional Director of Agriculture, said the PFJ led to increasing farmer's food yielding and job creations in the region. He called on citizens especially farmers to embrace the PFJ and support the Ministry to enjoy food sufficiency and security.

Source: GhanaWeb November 11, 2019 08:06 UTC