Friday, October 3, 2025
HomeAgricultureDegas to Invest $100 Million to Make Ghana Africa’s First AI-powered Agric...

Degas to Invest $100 Million to Make Ghana Africa’s First AI-powered Agric Hub

Date:

Related stories

Nigeria’s Non-oil Exports Rose $1.79 Billion in Q1 2025

Nigeria’s non-oil exports have risen to $1.791 billion in...

Flutterwave CEO Bets on Stablecoins as Africa’s Next Financial Leap

At high-profile events in Riyadh, namely Money 20/20 Middle...

Bank Celebrates Fifth Edition of Afreximbank TV

Afreximbank TV, a digital TV channel wholly owned and...
- Advertisment -spot_imgspot_img

Degas Limited has announced a $100 million investment over the next four years to help establish Ghana as Africa’s first AI-powered agricultural hub, expanding a model that has already financed more than 86,000 smallholder farmers across 122,000 acres nationwide.

“Ghana has shown that when technology meets a clear national vision, smallholder farmers can thrive,” said Doga Makiura, CEO and founder of Degas Limited, at a meeting with President John Dramani Mahama on the sidelines of the Ghana Presidential Investment Forum.

“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. We’ve already seen incomes double with a 95% repayment rate from the farmers,” he stated in the meeting with Mahama.

Degas’ platform combines AI-driven satellite monitoring and agriculture techniques. The results, according to Makiura, are drawing strong interest from Japanese investors.

“Many Japanese partners now consider Ghana’s integrated approach the gold standard for agricultural investment in Africa,” he said. “President Mahama’s focus on value-chain integration aligns closely with Japan’s search for credible, scalable partnerships.”

Mahama welcomed the announcement, calling it 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 support the expansion of Degas’ farmer financing, satellite-enabled crop monitoring, and precision agronomy services, while deepening partnerships across input supply, logistics, and offtake to strengthen local value chains.

Subscribe

- Never miss a story with notifications

- Gain full access to our premium content

- Browse free from up to 5 devices at once

Latest stories

- Advertisment -spot_img

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!