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Agric Bank disburses GH¢ to poultry farmers

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Agricultural Development Bank (ADB), a leading indigenous bank, has begun the disbursement of funds to players in the poultry value chain in the country under its Poultry Value Chain Financing Programme (PVCFP).
The company yesterday released the first tranche of the facility; amounting to more than GH¢23 million to six companies in the poultry value chain in the Bono Region.
ADB last month announced a GH¢500-million package to support the local poultry industry to increase production in a bid to reduce the country’s import of poultry.
The package under the ADB PVCFP programme being rolled out in partnership with the Bank of Ghana, Ministry of Food and Agriculture, Ghana-Incentive-Based-Risk-Sharing System for Agricultural Lending (GIRSAL) and Outgrower and Value Chain Fund (OVCF) is to boost local production of poultry.
Speaking at the ADB Poultry Value Chain Stakeholders’ Meeting in Accra yesterday, the Managing Director of ADB, Dr John Kofi Mensah said the ADB PVCFP was to support the government’s Broiler Revitalisation Programme, which is meant to increase the domestic production of poultry.
According to him, the local poultry industry held the key to addressing the perennial depreciation of the cedi if efforts were made to revamp the industry and increase local production of poultry.
“The Poultry Industry has the propensity to stabilise the cedi and boost the growth of the Ghanaian economy,” Dr Mensah stated.
Dr Mensah observed that the country annually imported more than $370 million worth of poultry products to meet the shortfall in demand, when same could be produced locally to save the country a lot of foreign exchange.
He said the country’s reliance on imports to meet its meat and poultry needs, was putting pressure on the local currency.
Dr Mensah said the country needed to produce 400,000 metric tonnes of meat annually to meet the country’s meat needs, but the players in the industry could onlyproduce 57,871 metric tonnes, leaving a huge deficit.
The ADB MD said his outfit was committed to helping the country reduce its reliance on imported poultry to meet the poultry needs of the country and it was in that direction that the ADB PCCFP was initiated.
He said the programme was meant to support all the players in the poultry value chain including hatcheries, producers, feed millers, processors and marketers.
Dr Mensah said the interest rate on the ADB PVCFP was not more than ten per cent to give financial relief to players in the poultry value chain.
The Minister of Food and Agriculture, Dr Owusu Afriyie Akoto in remarks made on his behalf by his Technical Advisor, Emmanuel Krobea Asante, commended ADB for the role it was playing to support the government’s Planting for Food and Jobs and the Rearing for Food and Jobs Programmes.
According to the minister, ADB’s name was becoming synonymous with the Planting for Food and Jobs and the Rearing for Jobs and Food Programmes, since it was the bank that was mainly financing the two programmes.
Dr Akoto said the government was working with stakeholders to ensure that interest rate on loans disbursed to players in the value chain under the ADB PVCFP programme did not go above ten per cent.
The minister entreated the beneficiaries of the ADB PVCFP to pay back the loans to ensure the success of the programme.
Senior Agribusiness Specialist of GIRSAL, Mr Takyi Sraha lauded ADB for the initiative and said his outfit was proud to be associated with the programme.
He said his outfit was ready established to help players in the agricultural value chain de-risk their operations and increase their production.
The Monitoring and Evaluation Specialist of OVCF, Michael Kpormegbe said his outfit had so far released 50 million euros to support players in the agriculture value chain.
He said additional funds had been approved in the third phase of the programme to further support players in the agricultural industry in the country.
BY KINGSLEY ASARE
News
ProofreadChildren exposed to arts, culture early develops strong intellectual, communication skills – Acting E/R CNC Director

Toddlers from various kindergarten schools in the Eastern Region on Tuesday thrilled patrons with impressive cultural performances at this year’s Kindergarten festival organised by the Centre for National Culture (CNC) in Koforidua.
The children from the participating schools recited poetry, staged drama performances and performed a variety of traditional dances, including Kete, Kpatse, Borborbor and Apatampa, under the theme: ‘Little Stars: Celebrating Our Culture for Future Impact.’
Participating schools included Love Community Kindergarten, Koforidua Grammar School, Solomon School, Charles Wesley Academy, Unique Kiddie Care, Alpha Hills School, Assemblies of God Kindergarten, Brentford Academy, Liberty Academy, Berlin Academy, Bolders Journey School and New Dawn School.
The Acting Eastern Regional Director of the CNC, Dr Salamatu Alhassan, said research had shown that children exposed to arts and culture from an early age developed strong intellectual and communication skills.
“These toddlers participating in this festival have the potential to be ahead of their peers because training in arts and culture broadens their minds and enhances their intelligence.
Dr Alhassan said, considering the numerous benefits of arts and cultural education, it was important to nurture children from an early age to become future ambassadors of Ghana’s rich cultural heritage and contributors to the country’s creative economy.
She said the CNC was mandated to promote Ghana’s arts and culture and assured that such festivals would continue to be organised regularly to provide more children with opportunities to develop their talents.
Dr Alhassan encouraged parents and teachers to support children to participate in cultural festivals and related activities to help build their confidence, creativity and appreciation of Ghanaian culture.
The Eastern Regional Director of the Department of Children, Mr Emmanuel Nana Osei, said exposing young children to Ghanaian culture through such festivals was essential because it helped them develop a strong sense of identity.
He said as future leaders, children needed to understand their cultural roots to develop a sense of belonging and appreciate the need to contribute meaningfully to national development.
Mr Osei also urged parents to encourage their children to participate in poetry, drama and traditional dance activities to nurture their talents and preserve Ghana’s cultural heritage.
From Ama Tekyiwaa Ampadu Agyeman, Koforidua
News
Adolescence is like an egg, handle it carefully …Adolescents urged

Adolescents have been urged to treat their teenage years with caution, with adolescence being compared to ‘an egg’ that can crack instantly from a single mistake.
This came up during an engagement with adolescent boys and girls at Ave-Dakpa in the Akatsi North District under the project, ‘The Clinic Is Yours,’ an open day clinic, to invite adolescents and the youth to visit health facilities for free access to youth-friendly services.
It was organised by the United Nations Population Fund (UNFPA), the UN’s sexual and reproductive health agency in collaboration with the Planned Parenthood Association of Ghana (PPAG), which is also a leading volunteer-supported non-governmental organisation, focused on providing comprehensive Sexual and Reproductive Health and Rights (SRHR) information and services to young people in Ghana.
Madam Rosemary Addeh, the Midwife and In-charge of the Ave-Dakpa Health Centre, who facilitated the engagement, said adolescence was a period of rapid physical and brain development between childhood and adulthood, typically spanning the ages between 10 and 19, involving the search for social independence.
“Adolescence really is as fragile as an egg, and a single mistake can alter a young person’s future instantly.”
She explained that curiosity, peer pressure, and the desire to fit in made teenagers vulnerable and that the “egg once broken” by a crisis such as an unplanned pregnancy, the effects on a young person’s education, health and future were difficult to reverse.
The session highlighted the physical, mental, and social toll of teenage pregnancy, with other health risks cited including anaemia, malnutrition, early labour, and low birth-weight babies, because of immature physical development.
She said mentally, young mothers faced stress, depression and stigma, while socially many dropped out of school and faced long-term financial hardship.
To “handle the egg safely,” adolescents were advised to practice open communication with parents, seek comprehensive reproductive health education, set clear life goals, and build self- esteem to resist risky situations.
“When you access phone, use it for something profitable not pornographic materials. Also, access youth-friendly services. Get close to health workers on any information on SRHR, do not ask around to be deceived or misinformed as that can land you in trouble,” Madam Addeh advised.
Mr Delali Alex Dwomoh, the Physician Assistant and In-charge of Ave-Dakpa Health Centre, also addressed the group, assuring adolescents that health workers would not judge them.
“Take whatever you were told seriously. We will not be judgmental but will help you as young people to reach your full potential,” he assured them.
Mr Emmanuel Christopher Makam, the PPAG focal person for UNFPA Adolescent Girls Empowerment Project and Gender-based Violence Scale Up project for Volta Region, said the engagement formed part of ongoing efforts to equip adolescents with knowledge and support systems to navigate adolescence safely.–GNA




