Ghana to support corn, soy farmers with $2.5 million

Financing will reduce costs of importing poultry feed, create jobs

Ghana’s Venture Capital Trust Fund will contribute $2.5 million to support 3,000 farmers cultivating corn and soy beans, a move that will reduce the costs of importing poultry feeds and create jobs, according to Daniel Duku, CEO of Venture Capital.

Venture Capital, which focuses on providing assistance to small and medium businesses in Ghana, will support corn farmers in the Eastern, Ashanti, Brong Ahafo, Volta, Central and parts of Greater Accra regions, as well as the Northern, Upper East and Upper West Regions. Soy support will be given to farmers in the Northern, Upper East, Upper West, and parts of Ashanti and Brong Ahafo regions. The company has already chosen the nucleus farmers for the current planting season.