Ghana Secures $100M Investment to Become Africa’s First AI-Powered Agricultural Hub

A groundbreaking $100 million investment is set to transform Ghana’s agricultural sector, positioning the nation as Africa’s first AI-powered agricultural hub. The four-year commitment from Degas Limited, a global agri-tech firm, was announced following a strategic meeting between President John Dramani Mahama and Degas’ CEO, Doga Makiura, during the Ghana Presidential Investment Forum in Yokohama, Japan.

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Strategic Timing at TICAD-9 Conference

The announcement came on the sidelines of the ninth Tokyo International Conference on African Development (TICAD-9), where more than 100 Japanese companies expressed interest in investing in Ghana. The Presidential Investment Forum, organized by the Ghana Investment Promotion Centre (GIPC), served as a strategic platform under the theme “Ghana is Open for Business—Unleashing Investment Opportunities for Shared Prosperity.”

This investment represents a significant milestone in Ghana’s agricultural transformation agenda and underscores the country’s growing appeal as a prime gateway for Japanese businesses seeking entry into West Africa and the broader African market.

Proven Track Record: Doubling Farmer Incomes

Degas Limited brings a compelling success story to Ghana, having already financed more than 86,000 smallholder farmers across 122,000 acres nationwide. The company’s AI-driven platform has achieved remarkable results, doubling farmer incomes while maintaining an exceptional 95% repayment rate—far above industry norms for smallholder credit schemes.

“Ghana has shown that when technology meets a clear national vision, smallholder farmers can thrive,” said Doga Makiura, CEO and founder of Degas Limited. “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.”

Revolutionary AI Technology Integration

The investment will leverage cutting-edge AI-powered satellite imagery and precision farming technologies to support Ghana’s smallholder farmers, who form the backbone of the country’s food systems. Degas’ platform combines AI-driven satellite monitoring with precision agriculture techniques, providing real-time insights that enable farmers to make data-driven decisions.

The sophisticated system will remotely monitor farms at scale, helping optimize resource allocation, predict yields, and strengthen value chains from farm to market. This technology addresses critical challenges facing African agriculture, including climate variability, pest management, and access to financing.

Continental Context: Africa’s AI Agricultural Revolution

Ghana’s initiative comes at a pivotal moment for African agriculture. According to recent analysis, AI in agriculture is projected to grow substantially at a compound annual growth rate of 23% between 2023 and 2028, increasing from $1.7 billion to $4.7 billion globally. In Sub-Saharan Africa specifically, agri-food tech investments have soared from less than $10 million in 2014 to approximately $600 million in 2022.

Across the continent, 282 million Africans go hungry every day, with climate change, degraded soil, and rapid population growth straining food security. By 2030, nearly 118 million people in Africa could face droughts, floods, and extreme temperatures, making agricultural innovation increasingly urgent.

Comprehensive Value Chain Integration

The new funding will support multiple components of agricultural development:

Farmer Financing Expansion: AI-supported credit models will provide farmers with improved access to affordable finance, building on Degas’ proven track record of high repayment rates.

Satellite-Enabled Crop Monitoring: Real-time satellite surveillance will deliver precise agricultural insights, enabling farmers to optimize planting, irrigation, and harvesting decisions.

Precision Agronomy Services: Advanced soil health analysis and customized recommendations will help improve yields while promoting sustainable farming practices.

Supply Chain Strengthening: Enhanced partnerships across input supply, logistics, storage, and market access will integrate farmers more effectively into national and international value chains.

Presidential Vision for Digital Agriculture

President Mahama described the investment as a “strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture.” His administration has positioned economic diplomacy at the core of Ghana’s foreign policy, with plans to introduce unprecedented performance-based frameworks for Ghana’s diplomatic corps focusing on investment promotion and job creation.

“This investment reinforces our commitment to integrated agricultural value chains that connect farmers to markets, finance, storage, and processing,” President Mahama emphasized. “By leveraging AI and precision technologies, we will improve productivity, enhance food security, and create dignified jobs for youth across rural communities.”

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Youth Employment and Economic Impact

The partnership aims not only to modernize Ghana’s agricultural sector but also to create thousands of new jobs, particularly for the country’s youth. This employment generation strategy aligns with Ghana’s broader economic transformation agenda, including the $10 billion Big Push infrastructure plan and the innovative 24-Hour Economy initiative designed to extend business operations and boost productivity.

The multiplier effects extend beyond direct agricultural employment, encompassing technology services, logistics, processing, and rural commerce. This comprehensive approach addresses one of Africa’s most pressing challenges: creating meaningful employment opportunities for a rapidly growing young population.

Regional AI Innovation Ecosystem

Ghana’s AI agricultural hub initiative is part of a broader continental movement toward agricultural digitization. Across Sub-Saharan Africa, innovative platforms are demonstrating transformative potential. The Hello Tractor platform has digitized about 3.5 million acres, increased food production by 5 million metric tons, and created over 6,000 jobs since 2014.

Meanwhile, platforms like FarmerAI are expanding across Kenya, Malawi, and Ghana, providing AI-powered agricultural guidance to smallholder farmers through partnerships with major telecommunications providers and development banks.

Addressing Digital Infrastructure Challenges

Despite the promise of AI technology, significant challenges remain. Research indicates that smallholder farmers in Ghana are primarily confined to simple devices like mobile phones, radio, and TV, as access to advanced digital resources remains limited. However, with smartphone adoption reaching 49% of total connections and anticipated 50% internet penetration by 2025, the foundation for advanced agricultural AI applications is rapidly improving.

The Technical Centre for Agriculture and Rural Cooperation reports that 33 million smallholder farmers in Africa are currently reached by digital applications, with projections to reach 200 million by 2030, indicating massive growth potential for initiatives like Ghana’s AI agricultural hub.

Precision Agriculture Success Stories

AI applications in African agriculture are already showing tangible results. In Nigeria, IITA’s Cassava Disease Surveillance platform and the Plant Village Nuru AI app help smallholders diagnose and manage cassava diseases rapidly, resulting in higher yields and minimized losses.

Similarly, AI-powered chatbots like Farmerline Group’s Darli AI provide instant solutions to common farming problems in 27 languages, including local Ghanaian languages like Twi. Since launching in March 2024, it has been used by 110,000 farmers across the continent.

Japanese Investment Confidence

The results of Degas’ model are attracting significant international attention. “Many Japanese partners now consider Ghana’s integrated approach the gold standard for agricultural investment in Africa,” Makiura revealed. “President Mahama’s focus on value-chain integration aligns closely with Japan’s search for credible, scalable partnerships.”

This confidence is reflected in the broader Japan-Ghana partnership, with the Japanese government financing numerous development projects across road infrastructure, education, health, and climate adaptation, mostly on concessionary terms.

Climate Resilience and Sustainability

The AI-powered agricultural hub addresses critical climate challenges facing West African farmers. Climate change impacts, including unpredictable weather patterns, soil degradation, and increased pest pressure, threaten food security across the region.

AI applications in weed management, for instance, can address one of agriculture’s most persistent challenges. Some farmers lose between 20% and all their potential crop yields due to uncontrolled weed growth, a problem worsened by labor shortages and limited resources. AI-powered precision weeding technologies offer sustainable solutions that reduce herbicide use while improving crop productivity.

Future Expansion and Continental Impact

Ghana’s experiment with AI-driven agriculture could become a blueprint for the continent, particularly as climate change, food insecurity, and underinvestment threaten rural livelihoods. The integration of data-driven solutions with traditional farming knowledge represents a sustainable path toward agricultural transformation.

The African Union High-Level Panel on Emerging Technologies (APET) urges member states to integrate AI into agriculture, emphasizing the need for comprehensive strategies addressing infrastructure, affordability, skill development, and data privacy.

Long-Term Vision and Implementation

President Mahama’s Facebook announcement emphasized that this initiative will enhance food security and drive youth employment in the agricultural sector, stating: “This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture—and we are ready to deliver.”

The four-year investment timeline allows for systematic scaling, beginning with proven technologies and gradually expanding to more sophisticated AI applications. This phased approach ensures sustainable adoption while building local capacity and infrastructure.

By combining satellite technology, precision agriculture, and AI-driven financial services, Ghana is positioning itself at the forefront of Africa’s agricultural revolution. The success of this initiative could influence agricultural transformation strategies across the continent, demonstrating how strategic partnerships between African nations and technology leaders can drive sustainable development and food security.

The $100 million commitment represents more than financial investment—it signals a new era of technology-enabled agriculture that could transform millions of smallholder farmers’ lives across West Africa and beyond.

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photo source: Google

By: Montel Kamau

Serrari Financial Analyst

26th August, 2025