{"id":670273,"date":"2019-08-02T12:14:14","date_gmt":"2019-08-02T12:14:14","guid":{"rendered":" <br><div>\n\t\t\n<p><strong>group photograph of representatives from ADB, NAFCO and the Ministry of Agriculture during the presentation<\/strong><\/p>\n\n\n\n<p>ADB\nBank recently provided a loan facility of GH\u00a250 million to the National Food\nBuffer Stock Company ("},"modified":"2019-08-02T12:14:14","modified_gmt":"2019-08-02T12:14:14","slug":"adb-gives-gh%c2%a250m-loan-to-nafco","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2019\/08\/02\/adb-gives-gh%c2%a250m-loan-to-nafco\/","title":{"rendered":"ADB Gives GH\u00a250m Loan To NAFCO"},"content":{"rendered":"<p><\/p>\n<div>\n<p><strong>group photograph of representatives from ADB, NAFCO and the Ministry of Agriculture during the presentation<\/strong><\/p>\n<p>ADB<br \/>\nBank recently provided a loan facility of GH\u00a250 million to the National Food<br \/>\nBuffer Stock Company (NAFCO) to purchase grains for onward delivery to<br \/>\ngovernment senior high schools, as well as other state institutions.\u00a0<\/p>\n<p>The<br \/>\nloan is also to enable NAFCO mop up excess produce from farmers to reduce<br \/>\npost-harvest losses resulting from poor storage. <\/p>\n<p>The<br \/>\namount is the first tranche of about GH\u00a2200 million earmarked by the bank to<br \/>\nsupport actors in the agricultural value chain in the country. <\/p>\n<p>Last<br \/>\nyear, ADB provided the company with a loan of GH\u00a220 million to purchase grains<br \/>\nfrom farmers under the PFJ programme.\u00a0<\/p>\n<p>Managing Director of ADB, Dr John Kofi Mensah, explained that this year the amount was increased because \u201cNAFCO performed creditably and paid up the facility on schedule\u201d.<\/p>\n<p><strong>A business desk report<\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>group photograph of representatives from ADB, NAFCO and the Ministry of Agriculture during the presentation ADB Bank recently provided a loan facility of GH\u00a250 million to the National Food Buffer Stock Company (NAFCO) to purchase grains for onward delivery to government senior high schools, as well as other state institutions.\u00a0 The loan is also to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":670274,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-670273","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.8 - 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