A Japanese company, Degas Limited, has announced a $100 million investment to establish Ghana as Africa’s first AI-powered agricultural hub. The investment, to be made over the next four years, will support the expansion of AI-driven satellite monitoring and precision agriculture techniques to help smallholder farmers boost yields, reduce risk, and access fairly priced finance.
Degas Limited’s CEO, Doga Makiura, made the announcement at a meeting with President John Dramani Mahama on the sidelines of the Ghana Presidential Investment Forum. The company has already financed over 86,000 smallholder farmers across 122,000 acres nationwide, with incomes doubling and a 95% repayment rate from farmers.
The investment is expected to improve productivity, enhance food security, and create dignified jobs for youth across rural communities. President Mahama welcomed the announcement, calling it a vote of confidence in Ghana’s agricultural transformation agenda. The new funding will support the expansion of farmer financing, satellite-enabled crop monitoring, and precision agronomy services, while deepening partnerships across input supply, logistics, and offtake to strengthen local value chains.
Ruth Abla ADJORLOLO
