Ghana’s Agricultural Development Bank has recently partnered with the OVCF to revamp the citrus industry. Via this partnership, ADB gives financial support to Central Citrus Limited to develop and cultivate over 3000 acres of abandoned citrus farms located in the Central Region-Cape Coast.
This support by ADB is expected to go a long way to create more sustainable jobs and cut down on the importation of fruit juice into the country. The Central Citrus Limited would be getting a direct off-take from the Ekumfi Fruits and Juices Factory to make sure their product is used to blend the Eku tropical varieties to enhance its taste.
According to ghanaweb.com, this support by ADB means the bank has bought into the vision of the President, Nana Addo Dankwa Akufo-Addo, to take off from the shelves most of these foreign products and bring in Ghanaian products. The decision by ADB to go into this venture would lead to the creation of more jobs, promoting processing and reducing imports.