Degas Ltd Pledges $100m to Position Ghana as Africa’s First AI-driven Agriculture Hub
Degas Limited has unveiled a $100 million investment programme over the next four years to establish Ghana as Africa’s first artificial intelligence (AI)-powered agricultural hub.
The initiative builds on Degas’ existing model, which has financed more than 86,000 smallholder farmers cultivating some 122,000 acres nationwide.
“Ghana has shown that when technology meets a clear national vision, smallholder farmers can thrive,” said Doga Makiura, Chief Executive Officer and founder of Degas Limited, during a meeting with President John Dramani Mahama on the sidelines of the Ghana Presidential Investment Forum.
According to Makiura, the fresh capital will scale up AI-driven satellite monitoring and precision agriculture techniques to help farmers increase yields, reduce risk exposure and gain access to affordable finance. “We’ve already seen incomes double with a 95% repayment rate from the farmers,” he noted, adding that Japanese investors were increasingly regarding Ghana’s integrated approach as “the gold standard for agricultural investment in Africa.”
President Mahama welcomed the announcement, describing it as 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 be channelled into expanding Degas’ farmer financing, satellite-enabled crop monitoring, and precision agronomy services, while strengthening partnerships across input supply, logistics and offtake to reinforce local value chains.
