Japanese firm launches AI farming initiative in Ghana with $100m four-year investment
Degas Limited's Strategic Investment in Ghana's Agricultural Sector Degas Limited has unveiled an ambitious plan to invest $100 million over the next four years, aiming to position Ghana as Africa’s first AI-powered agricultural hub. This initiative builds upon a successful model that has already supported more than 86,000 smallholder farmers across 122,000 acres nationwide. During a meeting with President John Dramani Mahama on the sidelines of the Ghana Presidential Investment Forum, Doga Makiura, Chief Executive Officer and founder of Degas Limited, highlighted the potential of this investment. “Ghana has demonstrated that when technology meets a clear national vision, smallholder farmers can thrive,” he stated. The CEO emphasized that the $100 million commitment will focus on scaling up AI-driven satellite monitoring and precision agriculture techniques. These innovations are expected to help farmers increase yields, reduce risks, and access fairly priced finance. Accord...