Originally published by Trade Hub Communications
Ghanaian cereal processing and marketing firm AgriAccess Ghana Limited secured a loan of GHC 650,000 (US$150,000) to supply larger quantities of grain to Guinness Ghana Breweries Limited, its biggest client.
“The demand for our company’s products grows by the day, and our current capacity does not enable it meet this demand,” said Mr. Anthony T. Poore, Managing Director of AgriAccess. “GGBL requires much larger consignments of sorghum than we currently provide.”
The loan, approved the second week of January, was facilitated through the Trade Hub financial advisors network model, will also enable AgriAccess to purchase five additional tractors to provide more mechanized services to its 2000 outgrower and smallholder farmers. AgriAccess will also purchase a 30-ton truck to enhance easier, faster and more hygienic delivery services to clients.
Banyan Global is a subcontractor to Abt Associates on the West Africa Trade Hub Project.