Mahama Secures $100m AI-Powered Agriculture Investment from Japan’s Degas Limited

Ghana is set to become Africa’s first artificial intelligence–powered agricultural hub, following a $100 million investment commitment by Japan’s Degas Limited to support smallholder farmers and modernize the country’s agribusiness value chain.

The announcement was made after President John Mahama met with Doga Makiura, CEO and founder of Degas, who confirmed that the investment will be rolled out over four years. The funding is expected to expand Degas’ current operations in Ghana, where the company has already financed over 86,000 smallholder farmers cultivating 122,000 acres, achieving a 95% loan repayment rate.

The initiative will leverage AI-driven satellite monitoring, precision agriculture, and digital platforms to strengthen value chains from input supply to market access. The investment is expected to not only double incomes for farmers but also improve food security and accelerate job creation, particularly for young people seeking opportunities in agriculture and technology.

The deal is a major vote of confidence in Ghana’s strategy to integrate technology into agriculture and reduce the sector’s vulnerability to climate shocks and inefficiencies. The AI-driven agribusiness initiative in Ghana could also attract further partnerships across Africa’s growing digital agriculture landscape.

If implemented successfully, the partnership with Degas could mark a significant step toward achieving those goals while positioning the country as a leader in tech-enabled agriculture on the continent.