The Minister of Finance, Dr. Cassiel Ato Forson, has said a US$22.6 million loan from the World Bank under the West Africa Food System Resilience Project (FSRP) will significantly enhance food security and help resolve deep-rooted structural challenges within Ghana’s agricultural sector.

Dr. Forson made the remarks during a working visit on Friday, January 30, 2026, to Golden Exotics Limited, a major banana producer and exporter, as well as rice farms in Kpong and Asutsuare in the Eastern and Greater Accra regions.

The World Bank–backed project, implemented by the Government of Ghana, is designed to improve farmers’ access to accurate weather and climate advisory services through digital platforms. It also targets increased production of key commodities such as maize, rice, soybean, tomato and poultry to strengthen productivity and resilience across the food system.

According to the Finance Minister, the facility will play a pivotal role in addressing long-standing inefficiencies in the agricultural sector.

“I would like to thank the World Bank for this support and for making this loan facility available to Ghana to help transform our agriculture sector. This is a sector that has faced persistent challenges, and this intervention will make a meaningful difference,” Dr. Forson said.

Also speaking, the World Bank’s Division Director for Ghana, Liberia and Sierra Leone, Robert Taliercio, reaffirmed the Bank’s commitment to supporting Ghana’s agricultural development agenda.

He noted that agriculture contributes significantly to Ghana’s gross domestic product and remains a major source of employment, underscoring its importance to the national economy.

“Agriculture is a critical sector for Ghana. Infrastructure challenges continue to persist, but the World Bank remains fully committed to supporting the country, particularly in addressing these gaps to unlock the sector’s full potential,” Mr. Taliercio stated.