Finance makes its first investment in Ghana

Friday, 02 September 2022 16:59 makes its first investment in Ghana

(Ecofin Agency) - The investment is made two years after entered the Kenyan agricultural sector. 

Impact investment fund announced, Wednesday (August 31), a US$15 million loan to Ghanaian bank Fidelity. The fund will be on-lent to actors in the Ghanaian agribusiness value chain, we learn. 

“This strong partnership with the Fund [...] will boost the growth of the agricultural sector. This reinforces Fidelity Bank’s continuous support for the growth of agribusinesses in the country. In addition to the funding, we will also provide capacity building to customers in the agribusiness value chain,” said Julian Opuni (photo), MD of Fidelity Bank Ghana.

The senior loan is’s first investment in Ghana. Apart from providing capital, its financing will help improve agriculture practices and food security in the country.  

Fidelity Bank Ghana explains that the loan will strengthen its ability to support more SMEs in the agribusiness sector in Ghana, where agriculture accounts for a significant share of GDP and employment.  

Let’s note that the first investment made by was in the Kenyan agricultural sector in 2020. 

Chamberline Moko


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ECOFIN AGENCY offers a selection of articles translated from AGENCE ECOFIN. Founded in 2011, Agence Ecofin is a leader in Francophone Pan-African economic news, particularly in West and Central Africa. The agency publishes daily news on nine African economic sectors: Public Management, Finance, ICT, Agribusiness, Energy, Mining, Transport & Logistics, Communication, and Training.

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