Accra – Japanese agriculture fintech Degas Limited has announced a US$100 million investment over the next four years to transform Ghana into Africa’s first AI-powered agricultural hub. The initiative will expand a model that has already financed over 86,000 smallholder farmers across 122,000 acres nationwide.
At the Ghana Presidential Investment Forum, Degas CEO and founder Doga Makiura said the funding will accelerate AI-driven satellite monitoring and precision agriculture solutions, enabling farmers to boost yields, mitigate risks, and access affordable finance. “We’ve already seen incomes double with a 95% repayment rate from the farmers,” he noted, adding that Japanese investors view Ghana’s integrated approach as the “gold standard” for agricultural investment.
President John Dramani Mahama welcomed the move, emphasizing that the investment aligns with Ghana’s commitment to strengthening agricultural value chains. “By leveraging AI and precision technologies, we will improve productivity, enhance food security, and create dignified jobs for youth across rural communities,” he said.
Founded in 2019, Degas operates a technology platform that integrates farmer financing, input distribution, training, satellite-enabled crop monitoring, and credit scoring powered by machine learning. Farmers repay financing through crop deliveries, with QR-coded bags enabling full traceability across the value chain. To date, Degas has collected millions of data points, positioning itself as a key player in building scalable, tech-enabled agriculture for sub-Saharan Africa.
The new funding will deepen partnerships across supply, logistics, storage, and processing while expanding Degas’ precision agronomy and satellite monitoring services to strengthen Ghana’s agricultural infrastructure.
