By: Baba Mohammed Issahaq
The President of Ghana, H.E. John Dramani Mahama, has secured a significant boost for Ghana’s agricultural sector with a $100 million investment commitment from Degas Limited.
The President, who is currently in Yokohama, Japan, met with Degas founder and CEO, Doga Makiura, where the announcement was made. The investment will be spread over the next four years and is expected to position Ghana as an AI-powered agricultural hub.
Degas has already made major strides in agriculture, financing more than 86,000 smallholder farmers across 122,000 acres of farmland. Its model has helped double farmer incomes while maintaining a 95% repayment rate. With the new funding, the company plans to expand AI-driven satellite monitoring and precision agriculture initiatives to strengthen value chains from farm inputs to market access while boosting food security and job creation.
“This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture and we are ready to deliver,” President Mahama said after the meeting.
The investment is expected to modernise Ghana’s farming practices, empower youth with new opportunities, and enhance the country’s position as a leader in digital agriculture on the continent.
