President John Dramani Mahama has secured a significant $100 million investment commitment from Degas Limited, aimed at accelerating Ghana’s agricultural transformation through artificial intelligence (AI) and precision farming technologies.
On Thursday, August 21, President Mahama met in Yokohama, Japan, with Doga Makiura, CEO and founder of Degas, to discuss strategies to strengthen Ghana’s agriculture sector and drive long-term food security.
$100 Million Investment for AI-Driven Agriculture
Mr. Makiura confirmed that Degas will invest $100 million over the next four years to position Ghana as Africa’s leading AI-powered agricultural hub.
The company has already supported more than 86,000 smallholder farmers across 122,000 acres, helping them double their incomes with an impressive 95% repayment rate.
In a Facebook post, President Mahama highlighted the transformative impact of the partnership:
“With AI-driven satellite monitoring and precision agriculture, we will strengthen value chains from inputs to markets, improve food security, and create more jobs for our youth. This is a strong vote of confidence in Ghana’s vision for integrated, technology-enabled agriculture—and we are ready to deliver.”
Mahama Meets UN Secretary-General António Guterres at TICAD-9
In a separate engagement on the sidelines of TICAD-9, President Mahama held bilateral talks with United Nations Secretary-General António Guterres. Their discussions focused on:
- Multilateral cooperation
- Ghana’s ongoing economic rebound
- Security challenges in West Africa, particularly the Sahel region
Mr. Guterres praised Ghana’s active role in the UN system and commitment to the Sustainable Development Goals (SDGs). He also acknowledged Ghana’s leadership in ECOWAS and the African Union (AU) in addressing regional crises, encouraging President Mahama to continue championing collaborative solutions.
Ghana’s Economic Recovery and Multilateralism
President Mahama reaffirmed Ghana’s strong support for multilateralism and called for further democratization of the UN to improve global governance and effectiveness.
He also noted Ghana’s progress in economic recovery and debt restructuring efforts, which are central to achieving long-term financial stability.
The President expressed gratitude to the UN Development Programme (UNDP) for its partnership, referencing a recent UNDP-supported orientation for newly appointed ministers under the government’s “Resetting Ghana Agenda.”
