The Agricultural Development Bank (ADB) PLC has significantly committed to supporting Ghanaian businesses. The bank aims to help these businesses compete more effectively in international markets by improving access to trade finance.
This commitment follows a high-level trade seminar held in Kumasi on Thursday, July 9, 2026. The event engaged importers, exporters, manufacturers, small and medium-sized enterprises (SMEs), agribusiness operators, and corporate customers. ADB is positioning itself as a key financial partner for companies seeking growth within and beyond Ghana's borders.
This initiative aligns with Ghana's broader economic goals. The nation is actively working to strengthen its export base and increase foreign exchange earnings. Growing local businesses and making them more competitive is crucial in a challenging global trade environment. Access to trade finance remains a major barrier for many Ghanaian businesses, especially for SMEs and agribusinesses.
Edward Ato Sarpong, the Managing Director of ADB PLC, stated that trade drives economic transformation. He affirmed the bank's dedication to equipping Ghanaian businesses with financial solutions and advisory support. Mr. Sarpong emphasized that ADB's objective extends beyond financing individual transactions. The bank focuses on building businesses that create jobs, earn foreign exchange, and contribute meaningfully to Ghana's economic development.
The Kumasi seminar aimed to address these challenges. It exposed businesses to banking instruments and advisory services for international transactions. The General Manager of Retail Banking, Frank Okyere-Adarkwa, highlighted the growing importance of trade finance for all business sizes. He stressed that ADB offers tailored financial solutions for growing SMEs, agribusinesses, and established corporate traders.
Risikatu Sanda, ADB's Head of Trade Finance, underscored the importance of understanding international trade processes. She emphasized using the correct banking instruments to reduce risks. Ms. Sanda noted that knowledge is as vital as finance in successful international trade. She urged participants to work with ADB's trade specialists to structure transactions that minimize risk while maximizing opportunities.
ADB plans to continue investing in innovative trade finance solutions. These solutions will simplify cross-border transactions and support businesses across various sectors. The focus includes agriculture, manufacturing, commerce, and other industries. This proactive approach by ADB seeks to empower Ghanaian enterprises. It aims to help them navigate the complexities of global trade more confidently and efficiently.