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Efficiency key to unlocking full potential of Ghana’s agriculture – GIRSAL CEO

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The Chief Executive Officer (CEO) of the Ghana Incentive-Based Risk Sharing System for Agric Lending (GIRSAL), Kwasi Korboe has emphasised the importance of efficiency in the agricultural value chain across the country.

Mr Korboe highlighted that Ghana’s agricultural sector has seen significant gains in recent years, but harnessing these fully required a focus on efficiency at all levels.

The GIRSAL CEO was speaking at the Citi Business Festival Agribusiness Forum at Alisa Hotel in Accra on Friday.

The forum was held on the theme “Understanding the Agribusiness Value Chain; Opportunities for Additional Revenue.”

“There should be efficiency no matter what is done within the agricultural value chain,” Mr Korboe indicated.

He further underscored that the post-harvest losses and market mismatches suggested there was much room for improvement.

GIRSAL Ltd is a non-banking financial institution established to de-risk agricultural financing and stimulate increased lending to the agricultural sector, by financial institutions in Ghana.

GIRSAL provides credit risk guarantees to financial institutions to increase lending to the agricultural sector in Ghana. They also provide capacity building, information resources and expert technical support to improve their knowledge and understanding of the agricultural sector and to strengthen their capacity to assess, structure and manage agribusiness lending.

The Citi Business Festival 2024 is powered by 97.3 Citi FM and Channel One TV in partnership with Absa Bank and is sponsored by MTN Business, GIRSAL, AMG Fertilizer, Nsano Ltd and Agri-Impact Limited.

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