Ghana's agricultural sector is poised for a major technological overhaul following a $100 million investment deal with Degas Limited, a global leader in AI-powered agribusiness solutions.
The announcement was made in Yokohama on Friday by Ghana’s President, John Dramani Mahama, after high-level talks with Degas founder and Chief Executive Officer, Doga Makiura.
The investment, to be rolled out over the next four years, aims to establish Ghana as a regional hub for artificial intelligence in agriculture. The programme will introduce advanced technologies such as satellite monitoring and precision farming tools, with the goal of increasing productivity, enhancing value chains, and generating employment—particularly among the country’s youth.
President Mahama described the initiative as a “strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture,” adding that it would play a key role in ensuring food security and revitalising rural economies.
Degas Limited has already made a significant impact in Ghana, working with more than 86,000 smallholder farmers across 122,000 acres. Its innovative financing model, which blends AI tools with accessible credit solutions, has reportedly doubled farmer incomes while achieving a 95% loan repayment rate.
The new partnership aligns with Ghana’s broader efforts to modernise agriculture and diversify its economy