IFAD's strategy in Ghana
IFAD's overarching objective in Ghana is to reduce poverty in line with the government's economic development strategy. Since it began operations there in 1980, IFAD has approved US$224.9 million in loans to support 16 projects worth a total of US$678.8 million.
Ghana has the second largest IFAD country programme in the region. The programme contributes to building inclusive and sustainable institutional systems, backed by pro-poor investments and policies as well as relevant innovation and learning.
IFAD supports the main thrusts of the government's Ghana Shared Growth and Development Agenda – including accelerated agricultural modernization, sustainable natural resource management and enhanced private-sector competitiveness. Its work also aligns with Ghana's Medium-Term Agriculture Sector Investment Plan (METASIP) on food security, income growth and other programme areas related to rural poverty reduction.
IFAD-financed projects in Ghana develop models enabling small rural entrepreneurs to overcome their constraints, enhance their asset base and become more competitive. Participatory planning, testing, monitoring and evaluation of the financial, economic and environmental outcomes of these projects are integral to IFAD's approach. The business advisory centres promoted by the IFAD-supported Rural Enterprises Programme, for example, show how structures implemented at the district level can be replicated and scaled up through testing, learning and refinement.
The country programme helps entrepreneurial poor people respond to livelihood opportunities in their communities, targeting women, small farmers and, particularly, rural youth. Investment priorities are based on market demand and opportunities for public-private partnerships.
Following the establishment of a country office in Ghana in 2011, IFAD is now engaging in policy dialogue and knowledge management to build links with its partners' interventions. At the same time, it is working with the Ministry of Food and Agriculture on a new national initiative, the Ghana Rural Growth Programme, designed to build on the successful approaches piloted so far in rural Ghana. The programme is envisioned as a framework in which to scale up and mainstream the government's support for agricultural value chain development on the basis of four strategic pillars:
- Public-private partnerships to enhance pro-poor rural growth
- Support for innovative approaches and scale-up of the achievements of IFAD-supported initiatives, particularly the Northern Rural Growth Programme and the Roots and Tubers Improvement and Marketing Programme
- Integration of climate change adaptation and resilience-building, with the support of a grant from IFAD's Adaptation for Smallholder Agriculture Programme
- Policy dialogue, partnership and knowledge management.
The programme design also features long-term engagement, flexibility and enhanced institutional linkages with METASIP, allowing for future supplementary financing from IFAD and other cofinancing institutions based on programme performance and resource availability.
Country strategic opportunities paper (2012)