Japanese business to invest $100m to make Ghana Africa’s first AI-powered agriculture hub

Degas Limited has announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural hub, expanding a model that has already financed more than 86,000 smallholder farmers across 122,000 acres nationwide.
“Ghana has shown that when technology meets a clear national vision, smallholder farmers can thrive,” said Doga Makiura, CEO and founder of Degas Limited, at a meeting with President John Dramani Mahama on the sidelines of the Ghana Presidential Investment Forum.
“Our $100 million commitment will scale AI-driven satellite monitoring and precision agriculture techniques so farmers can boost yields, reduce risk, and access fairly priced finance.”
“We’ve already seen incomes double with a 95% repayment rate from the farmers”, he stated in the meeting with President Mahama.
Degas’ platform combines AI-driven satellite monitoring and agriculture techniques. The results, according to Makiura, are drawing strong interest from Japanese investors.
“Many Japanese partners now consider Ghana’s integrated approach the gold standard for agricultural investment in Africa,” he said.
“President Mahama’s focus on value-chain integration aligns closely with Japan’s search for credible, scalable partnerships.”
President Mahama welcomed the announcement, calling it a vote of confidence in Ghana’s agricultural transformation agenda.
“This investment reinforces our commitment to integrated agricultural value chains that connect farmers to markets, finance, storage, and processing,” he said.
“By leveraging AI and precision technologies, we will improve productivity, enhance food security, and create dignified jobs for youth across rural communities.”
The new funding will support the expansion of Degas’ farmer financing, satellite-enabled crop monitoring, and precision agronomy services, while deepening partnerships across input supply, logistics, and offtake to strengthen local value chains.
Source: Classfmonline.com/Pearl Olennu
Trending Business
NPA warns against illegal storage and trade of petroleum products
08:51Mahama woos Japanese investors, highlights Ghana as gateway to Africa’s 1.4 billion market
11:09Fisheries Minister engages Blue Ventures on support for Ghana’s Inshore Exclusive Zone Policy
08:27Ernest Thompson chairs Petroleum Commission board
02:13Gov't pays GH¢9.7 billion coupon under Debt Exchange Programme
17:54Finance Minister inaugurates GoldBod Tribunal
04:19Gov’t yet to recover $6m from Smart Infraco over E-Govt infrastructure project
12:29President Mahama in Japan for TICAD 9
11:39Energy Minister inaugurates new GRIDCo board
08:29Journalists in Ashanti Region urged to intensify reporting on Illicit Financial Flows
15:10