The announcement followed a high-level meeting in Yokohama, Japan, between President John Dramani Mahama and Degas CEO and founder Doga Makiura.

Degas—already active in Ghana—has extended financial support to over 86,000 smallholder farmers, covering approximately 122,000 acres of farmland.

The approach has successfully doubled farmers’ incomes, with an exceptional 95 percent repayment rate on financing.

The new capital injection will significantly scale up AI technologies, including satellite monitoring and precision farming techniques, enabling better yield forecasts, optimized inputs, and reduced production risk—all while broadening access to affordable credit.

President Mahama described the commitment as a “strong vote of confidence in Ghana’s vision for integrated, technology‑enabled agriculture.”

He emphasized that the initiative aligns with government strategies to bolster food security, modernize value chains, and create dignified employment opportunities, particularly for the nation’s youth.

Highlighting the model’s international traction, Makiura noted that Japanese investors now regard Ghana’s integrated agricultural approach as a gold standard for the region, reflecting growing confidence in its scalability and credibility.

Under the four‑year plan, Degas will expand its services—including farmer financing schemes, agronomic training, satellite‑based crop surveillance, and partnerships in logistics, input delivery, and market linkages—to reinforce the entire agricultural value chain.

Experts view this collaboration as a potential template for the future of African agriculture—merging data‑driven innovation with traditional farming to tackle challenges like climate variability, supply chain inefficiencies, and rural unemployment.