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COVID-19: FG Orders Civil Servants on GL.12 and Below to Stay at Home


March 22, 2021 4:22 pm
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Financing cost impedes agribusinesses in Africa


Graphic Online
BY: Ama Amankwah Baafi
Category: Business News
Experts say financing agribusiness can increase the added value of raw materials; ensure food security and strengthen rural economies
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Access to finance emerged as the greatest priority for agribusinesses in Africa and cost of finance cited as the biggest impediments, a new survey has revealed.
This is not surprising, given that across the continent less than five per cent of commercial bank lending goes to agribusinesses.
The inaugural ‘Africa Agribusiness Outlook’ has noted that the issue is not just about access to finance, it is about the cost of finance and availability of financial instruments that are adapted for the agricultural sector. ....

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