Accra, March 28, GNA – Tullow Ghana, in partnership with Innohub, has launched the second year of Tullow AgriVentures Programme (TAP) to empower agribusinesses, create sustainable jobs, and drive economic growth in Ghana’s agricultural sector.
The launch followed a successful first year that supported more than 400 new agribusinesses and disbursed more than $600,000 to support small businesses across the country.
Speaking on the programme’s continued impact, Mr. Edmund Fiifi Enchill, Social Performance Manager at Tullow, said, “The success of Year One reaffirmed our commitment to supporting Ghana’s agribusiness ecosystem.
“The positive impact we’ve seen in the first year, from the creation of new businesses to the growth of existing ventures, has strengthened our belief in the potential of this sector.”
Mr. Enchill said, “By expanding our efforts in Year Two, we are investing in a more resilient, innovative, and sustainable future for agriculture in Ghana – one that empowers local farmers, strengthens food security, and creates lasting economic growth.”
In addition to the new agribusiness ventures, the programme in Year One also facilitated the expansion of 10 existing ventures, creating more than 500 direct jobs.
Through business training, access to funding, and technical assistance, TAP had strengthened the capacity of young entrepreneurs and smallholder farmers in a bid to make a meaningful contribution to Ghana’s agribusiness value chain, the partners said.
Building on this momentum, the second year of the programme aimed to expand its reach and deepen its impact by focusing on enhanced agribusiness development, improved access to financing, and stronger market linkages for program beneficiaries, they said.
According to the partners, the initiative would also emphasise climate-smart agricultural practices, equipping businesses with the tools needed to adapt to climate change and sustainably improve productivity.
Mr. Nelson Amo, Executive Director of Innohub, highlighting the programme’s role in driving entrepreneurial success, said: “Through the Tullow AgriVentures Programme, we have channelled resources where it matters most – providing funding to micro-entrepreneurs in rural communities who previously had no access to such opportunities and witnessed tangible transformation of their socio-economic conditions.”
He said, “Year Two will bring even more opportunities for entrepreneurs to scale their businesses and contribute to Ghana’s economic growth and food security efforts.”
Tullow Ghana, operator of the Jubilee and Tweneboa, Enyenra, Ntomme (TEN) oilfields, and Innohub, the pioneering Enterprise Support Organization, also pledged their commitment to strengthening Ghana’s agribusiness landscape through ongoing engagement, training, and funding support.
GNA