The Agricultural Development Bank (ADB) has presented a cheque for GH¢440,570 to the winner of the 2017 National Best Farmer Awards, as part of the bank’s corporate social responsibility and support for the awards scheme.
The presentation – which was done with help from the Ministry of Food and Agriculture – to the winner, Philip Agyemang, forms part of ADB’s continuous support for the awards scheme and commitment to the agriculture sector as a whole.
“Today’s ceremony is to officially inform our stakeholders and the general public that we have successfully transferred the sum of GH¢440,570 to Mr. Philip Agyemang after he presented to MoFA and the bank a detailed proposal on how he was going to utilise the money,” said Dr. John Kofi Mensah, Managing Director of ADB.
As part of measures to increase its footprint as a leading financier of agriculture in the country, Dr. Mensah noted that the bank has established a new department christened Agri Value Chain, as well as an Agriculture Desk in 36 branches of the bank.
“We remain committed to ensuring that agriculture remains an essential sector of our economic growth. We are implementing strategies to de-risk agriculture, and we are inviting the general public to see ADB as the ultimate bank for agricultural development in Ghana,” he noted.
On his part, the Acting Chief Director at MoFA, Patrick Ankobearh, said farmers’ contribution to development of the country and the population’s wellbeing is invaluable, hence the need to award them adequately.
“It is indeed a special day because we are here to honour the National Best Farmer for 2017, a feat that we must all to be very proud of. Our farmers contribute enormously to the wellbeing and sustenance of the people in this country.
“Without farmers, I shudder to think what might happen to us. The food we eat, the revenue that comes into the country – all these things together make us what we are. So, indeed, it is a very special day that we must all be proud of,” Mr. Ankobearh stated.
He therefore thanked ADB for its continuous support to the ministry and the awards scheme, adding that: “ADB has been in the forefront of this, and we very much cherish and value our partnership with them. It has been a very fertile partnership and we literally cannot delink or extricate ourselves from ADB”.
Philip Agyemang, receiving the cheque, also expressed his gratitude to the bank for honouring its promise – adding that the funds given him will go a long way to helping him expand and diversify his business.