The World Bank has pledged to fund the $30 million gap in the implementation of the Food Systems Resilience Programme (FSRP) to boost irrigation farming and agricultural productivity.
Ousmane Diagana, the Regional Vice President for Western and Central Africa for the World Bank, made this disclosure when he visited the Kpong Irrigation Scheme and Kpong Left Bank Irrigation System sites.
“There’s a $30 million funding gap to see the full completion of this project. We’re a long-standing partner for Ghana in every area… and we will be happy, of course, to consider adding financing if necessary. So, this is something that is absolutely possible,” Diagana said.
While the Bank estimates Ghana’s irrigable land to be 1.9 million hectares, about 1.6 percent is equipped with irrigation, compared with the West and Central Africa average of 13.9 percent, causing a blow to the country’s agricultural and food resilience.
Speaking to this subject, Diagana noted that agriculture was essential for job creation and fundamental for income generation, adding that “no country can develop without investing in its agriculture.”
He called on the government to provide sustainable investment in smart agriculture to boost productivity and reduce the country’s reliance on the importation of rice, maize, and vegetables.
“The best experience suggests that if you do this type of investment and you are able to be close to seven tonnes per hectare, then you’re really making good use of the time, resources, and the likelihood to have the project really achieve its impact will be extremely high,” Diagana said.
Osei Owusu Agyeman, the Project Coordinator of FSRP, indicated that the project was combining adaptive mobility and sustainable interventions to arm vulnerable households, families, farmers, and communities to withstand uncertainty and shocks in food production and distribution.
He stated that investing in agriculture was an investment in the community for food security and jobs, citing that with an amount of $22.5 million from the World Bank, the FSRP had modernized major irrigation schemes in the country.
Priscilla Adom Tawiah, the Secretary of the Investors Cooperative at the Kpone Left Bank Irrigation System site, said the project had been beneficial, particularly to the youth and women in agriculture.
Tawiah called for increased access to affordable funding for players in the agriculture value chain.
“We believe that if there’s a dedicated matching grant, we’ll be able to develop our businesses faster than we’re doing now, transform the whole of the left bank, and become an agribusiness tourist site for the country and beyond,” she said.
Source: GNA
