President Mahama has announced a $100 million investment by Degas Limited to boost Ghana’s agricultural sector over the next four years.
Speaking during his visit to Yokohama, Japan, he said Degas has already transformed Ghana’s agriculture by supporting more than 86,000 smallholder farmers across 122,000 acres.
“The company’s innovative financing model has doubled farmer incomes while maintaining a 95% repayment rate. With the new investment, Degas will deploy advanced AI tools such as satellite monitoring and precision agriculture systems to optimise input distribution, improve farm-level decisions, and connect farmers directly to markets.”
The initiative seeks to position Ghana as a hub for AI-powered agriculture by enhancing productivity, strengthening value chains, and creating new jobs.
