The announcement was made in Yokohama, Japan, by President John Dramani Mahama, following his meeting with Doga Makiura, Chief Executive Officer and founder of Degas Limited.

The initiative aims to position Ghana as a hub for AI-powered agriculture by deploying cutting-edge technologies to increase productivity, strengthen value chains, and create new jobs.

Degas Limited has already played a significant role in Ghana’s agricultural landscape, supporting over 86,000 smallholder farmers across 122,000 acres. Through its innovative financing model, the company has doubled farmer incomes while maintaining a 95% repayment rate.

The new investment will deploy advanced AI tools, including satellite monitoring and precision agriculture systems, to optimise input distribution, improve farm-level decision-making, and link farmers directly to markets.

President Mahama, in a Facebook post on Friday, August 22, 2025, noted that the initiative will enhance food security and drive youth employment in the agricultural sector.

“This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture—and we are ready to deliver,” part of the statement read.

The partnership underscores Ghana’s commitment to modernizing agriculture as part of its broader economic reset agenda.