Accra , Jan. 22 , GNA - USAID- Financing Ghanaian Agriculture Project (FINGAP), recently launched at the Alisa Hotel , is a project which seeks to identify and develop agribusiness opportunities and facilitate investments from financial institutions through the use of business advisory service providers. The business advisory service providers have been mobilized through performance-based contracts to provide consulting services to agribusinesses, in order to generate investments from financial institutions. A statement signed by Mr. Rick Dvorin , Chief of Party, USAID-FINGAP, and copied to the Ghana News Agency in Accra on Tuesday, explained that this project falls under the United States' Partnership for Growth (PFG) and Joint Country Action Plan with the government. The PFG's overall goal is to assist Ghana to sustain and broaden its economic growth by addressing one of the key constraints of private sector development in the country. "The project is part of USAID's Feed the Future Program, which aims to establish commercially-driven agricultural development services critical to sustainably reducing food insecurity in Ghana ", it noted. The USAID-FINGAP project was initiated in July 2013 , and has partnered with commercial banks, leasing companies, private equity and impact investors willing to provide necessary financing. Mr. Jim Bever , USAID Ghana, Mission Director, also added to the relevant of this project that, FINGAP represents a commitment by the American people, not just towards increasing food security but also in reducing poverty and encouraging inclusive agriculture-led economic growth and development in the country. GNA
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