As Artificial Intelligence (AI) investments continue to surge across Africa, Japanese fintech firm Degas Limited is the latest to infuse $100m over the next four years to establish Ghana as Africa's first AI-powered agriculture hub, expanding a model that has already financed over 86,000 smallholder farmers.
“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. 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.
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.”
President Mahama, responded: “We’ve already seen incomes double with a 95% repayment rate from the farmers. This investment reinforces our commitment to integrated agricultural value chains that connect farmers to markets, finance, storage, and processing.”
He continued: By leveraging AI and precision technologies, we will improve productivity, enhance food security, and create dignified jobs for youth across rural communities.”
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