Grabs Best Africa Investor Agribusiness Investment Awards

For the second year running, the Agricultural Development Bank (ADB) has placed tops in the prestigious Africa Investor Agribusiness Investment Awards.

The ADB featured prominently in the winners’ list for the 2011 edition of the Awards, just announced simultaneously in Johannesburg, London, Beijing, New York, Lagos, and Nairobi.

This follows its success in the maiden edition of the Awards held, in Durban, South Africa last year, when it was adjudged Agricultural Development Bank of the Year, in Africa.

Criteria for the Agribusiness Development Bank of the Year category included stable growth and performance, between 30th June 2010 and 30 June 2011; and the future plans for banking structure and strategy in the markets of the competing institutions.

Other criteria were financial and technological innovation, knowledge of local markets and use of local human and capital resources.

ADB won in its category over the competition of such institutions as LandBank South Africa, Agribank of Zimbabwe, National Bank of Malawi, Development Bank of Southern Africa, and The Principal Bank for Development and Agriculture Credit in Egypt.

The Ai Agribusiness Investment Awards, the first of their kind to formally recognize agribusiness players promoting innovative investments across the main agribusiness and finance sectors to change the landscape for the continent’s agricultural sector, are promoted by Africa Investor - a leading international investment research and communications group that supplies a broad range of investment data, research, broadcast and published content to a growing number of investors with interests in Africa. The Editors Note Having followed the success stories of the nation’s Agricultural Development Bank (ADB) in just three years under the able leadership of His Excellency Professor John Atta Mills and his National Democratic Congress (NDC) government, after the initial attempts by the erstwhile Kufuor administration to sell out the institution, possibly to cronies, it is indeed an evidence that the Better Ghana Agenda trumpeted by the current regime is really on course.

The Informer also salutes the likes of Mr. Stephen Kpordzih and his team for bringing honour to Mother Ghana and advises that they continue in their drive to make the nation proud.

As an entity very keen in the development of the nation, we respect you (ADB), for your self commitments and dedications to improving agricultural production, through the numerous assistance being offered our farmers; be it financial, technical and physical, and in term of provision of farm implements and many others.

With ADB flying high under the leadership of Mr. Stephen Kpordzih, within these short period, it is therefore, important that government and for that matter all successive governments must recognise the capabilities of Ghanaians and not leave the management of state institutions in the hands of expatriates most of whom are incompetent.

In fact, our commendation of the bank and that of government will not be complete if we leave out the Board of Directors of the company and on this note, we say, Ayekoo to Mr. Ibrahim Adams and his men for the expert and constructive advice offered Mr. Kpordzih and his team resulting in such a wonderful performance of the bank. We shall forever be proud of you and God bless you.