Ghana is set to benefit from a significant $100 million agricultural investment aimed at turning the country into an AI-driven farming hub, President John Dramani Mahama has revealed.
Speaking from the ongoing Tokyo International Conference on African Development (TICAD IX) in Yokohama, President Mahama announced a major breakthrough following a high-level meeting with Mr Doga Makiura, CEO and founder of Degas Limited, a Japanese agritech company with strong roots in digital farming.
“Ghana has secured a major boost for our agricultural transformation. I met with Doga Makiura, CEO and founder of Degas Limited, here in Yokohama, who announced a $100 million investment over the next four years to help establish Ghana as an AI-powered agricultural hub,” he stated.
According to the president, the investment is anchored on Degas’s successful track record of working with smallholder farmers and deploying technology to optimise yields. “Degas has already financed more than 86,000 smallholder farmers across 122,000 acres, doubling incomes with a 95% repayment rate,” he said.
The partnership will focus on satellite-based monitoring and precision agriculture techniques to boost Ghana’s food production systems and agricultural value chains. “With AI-driven satellite monitoring and precision agriculture, we will strengthen value chains from inputs to markets, improve food security, and create more jobs for our youth,” he noted.
President Mahama said the development represents more than just financial support; it signals renewed confidence in Ghana’s agricultural vision.
“This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture, and we are ready to deliver,” he asserted.
The Degas-Ghana deal is expected to improve productivity, introduce smart farming tools, and expand access to markets, offering new hope for thousands of farmers and the country’s youth population seeking employment in the sector.
The announcement comes on the sidelines of TICAD IX, where over 40 African nations are engaging Japan and development partners on investment, innovation, and inclusive growth across the continent.
