The President of the Special Presidential Economic Group (SPEG) has advocated for a shift in financial approaches to agribusiness, emphasizing the need for “patient capital.” Speaking on Joy Business MasterClass, the President, Mr. Benjamin, highlighted agriculture’s unique investment timeline, requiring financing models that extend beyond short-term gains. He stressed that the agricultural sector demands long-term financial commitment to yield sustainable results. Alongside patient capital, Mr. Benjamin called for timely and consistent support from the government to foster growth within the industry. This support, he argued, is crucial for attracting and retaining investment. The comments came during Joy Agribusiness Month, a period dedicated to focusing on the challenges and opportunities within Ghana’s agricultural landscape. The SPEG President’s statements underscore the importance of a collaborative approach between the financial sector and government to unlock the full potential of agribusiness.
