Degas is set to inject $100 million into Ghana’s agricultural sector over the next four years, a move expected to transform the country into a hub for AI-powered farming.
The announcement was made in Yokohama, Japan, where President John Dramani Mahama held discussions with Doga Makiura, Chief Executive Officer and founder of Degas Limited.
In a Facebook post, President Mahama noted that the investment will focus on deploying advanced artificial intelligence tools to boost productivity, enhance value chains, and create jobs, especially for Ghana’s youth.
Degas already has a strong footprint in Ghana’s agriculture, having supported over 86,000 smallholder farmers cultivating 122,000 acres.
Its innovative financing model has doubled farmer incomes while maintaining a 95% repayment rate, signaling the potential impact of the expanded initiative.
“Degas has already financed more than 86,000 smallholder farmers across 122,000 acres, doubling incomes with a 95% repayment rate. 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.
President Mahama described the investment as a “vote of confidence” in Ghana’s vision of integrating technology into farming to improve food security and economic resilience.
“This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture—and we are ready to deliver.”
