Japanese Investment to Transform Ghana into Africa’s First AI Agricultural Hub
Ghana is poised to become a pioneer in African technology with a substantial $100 million investment from Degas Limited. Over the next four years, the company aims to transform Ghana into the continent’s first AI-powered agricultural hub, leveraging technology to revolutionize farming practices and boost economic growth. This initiative marks a significant step towards integrating advanced technology into Ghana’s agricultural sector and setting a precedent for other African nations.
The AI-Driven Agricultural Revolution in Ghana
The investment will build upon an existing successful model, which has already supported over 86,000 smallholder farmers, covering 122,000 acres across Ghana. Degas Limited will utilize the funding to expand its AI-driven satellite monitoring and precision agriculture techniques. According to CEO and founder, Doga Makiura, the commitment is designed to help farmers increase their yields, mitigate risks, and gain access to affordable financing. The company’s existing model, which combines AI-driven satellite monitoring with precision agriculture techniques, has already demonstrated remarkable results, doubling farmer incomes and achieving an impressive 95% repayment rate.
This investment from Degas Limited underscores the potential of technology to transform agriculture in Ghana and across Africa. By embracing AI and precision agriculture, Ghana can boost its food production, improve farmer livelihoods, and strengthen its position in the global agricultural market.
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