Ghana 2026
Ghana presents a compelling investment opportunity in its agrifood sector, one backed by strong governance, a growing economy, and a national commitment to food security and agricultural transformation. Under the FAO Hand-in-Hand (HIH) Initiative, Ghana has developed a portfolio of targeted investment cases designed to unlock the full potential of its agrifood sector, reduce poverty and import dependency, create jobs, and drive sustainable economic growth. The total investment opportunity stands at USD 1.2 billion, with approximately USD 152 million required in public investment and the potential to create more than 250,000 jobs across the agrifood value chain. These investments are anchored in Ghana's Feed Ghana Programme, the government's flagship pathway to food security and economic transformation and are implemented through a partnership between the Ministry of Food and Agriculture (MOFA) of the Government of Ghana, and FAO.
Why Invest in Ghana?
Ghana offers a stable, investor-friendly environment underpinned by strong democratic governance, rule of law, and forward-looking economic reforms. Key attractions include:
- Strategic market access, as host of the AfCFTA Secretariat, Ghana provides access to a market of 1.3 billion people across Africa, and 350 million through ECOWAS.
- Tax incentives, a 10% rate for agricultural production, 5% for manufacturing and processing, and a five-year tax holiday for new investors.
- Digital infrastructure, with 75% digital penetration, Ghana is reducing bureaucratic friction and improving ease of doing business.
- Seven diverse agro-ecologies, suitable for a wide range of crop and livestock production.
- A skilled labour force, highly educated, including STEM graduates, within a formally regulated labour market.
Ghana Geospatial Typologies
Ghana's agrifood investment strategy is grounded in innovative geospatial analysis that identifies Economic Enclaves, zones with high agricultural potential, dense populations, and high poverty incidence. These enclaves are strategically prioritized for investment in:
- Electricity infrastructure to power agro-processing facilities
- Road networks to improve market access and reduce post-harvest losses
- Farmer Service Centres to provide inputs, extension services, and technical support to smallholder farmer
- The investment cases are geographically distributed across Ghana's key agricultural regions, including the Savannah, Ahafo, Ashanti, Bono East, Central, Eastern, Greater Accra, Upper East, North East, Oti, and Volta regions, to ensure broad geographic coverage and targeted impact in areas of greatest need.
Geospatial Typologies
Agro-informatics connects information technology with the management, analysis and application of agricultural data to indentify territories with untapped agrifood potential and design more accurate and targeted agrifood interventions. The use of new technologies and techniques in agriculture, such as satellite imagery, remote sensing, and geographic information systems, enable the transformation of data into actionable information.
POVERTY
POTENTIAL
EFFICIENCY
Click on individual maps to get a detailed view on FAO GIS platform
Investment cases in the country
Investment cases and interventions
Industrial cassava production
INVESTMENT
USD 309.2M
INTERNAL RATE OF RETURN (%)
11%
NET PRESENT VALUE
USD 140.1M
DIRECT BENEFICIARIES
49,250
INDIRECT BENEFICIARIES
197,000
INCOME INCREASE PER CAPITA
570 USD/person
EMISSION REDUTION (EXACT)
--Kg tCO₂e
Ghana is the 3rd largest cassava producer in Africa, producing 28 million MT per year across 1.1 million hectares, with over 70% grown by smallholder farmers. However, a critical gap exists in industrial-grade cassava supply. While domestic food use is well served, industrial demand, for High Quality Cassava Flour, ethanol, and starch, stands at 7.5 million MT per year against a domestic supply of only 650,000 MT, leaving a supply gap of 6.85 million MT per year.
Key Interventions
Investment targets the production of 6.85 million MT per year of industrial-grade cassava across the Ahafo, Ashanti, Bono East, Central, and Eastern regions. This involves:
- Establishment of 1,970 modern mechanized farm units (50 ha each) in 6 enclaves, with high-yielding varieties targeting 40 MT/ha, up from the current average of 25 MT/ha
- Private investment of USD 269 million to establish the farms
- Government investment of USD 40 million in tax exemptions, climate-smart systems, land titling and lease arrangements, and linkages with processors
Poultry (broiler) processing
INVESTMENT
USD 15.6M
INTERNAL RATE OF RETURN (%)
18%
NET PRESENT VALUE
USD 7.1M
DIRECT BENEFICIARIES
265
INDIRECT BENEFICIARIES
1,060
INCOME INCREASE PER CAPITA
1,365 USD/person
EMISSION REDUTION (EXACT)
--Kg tCO₂e
Ghana consumes 550,000 MT per year of meat, with poultry accounting for 60% of total consumption. Of the 284,000 MT of broiler consumed annually, 95% is imported, representing USD 350,000 spent on imported pre-cut, packaged, and frozen broilers every year. The opportunity exists to reach self-sufficiency by producing and processing more than 340,000 MT per year of broilers by 2032, across the Ahafo, Ashanti, Bono, and Greater Accra regions.
Key Interventions
- Establishment of 5 integrated processing facilities (1,500 MT/yr each) across 4 enclaves, capable of dressing, cutting, packaging, blast freezing, and cold storage
- Private investment of USD 13.6 million
- Government investment of ~USD 2 million in tax exemptions, feed industry revamp, early warning systems, vaccination campaigns, and veterinary services
- Anchor farmers to receive Day-Old Chicks, feeds, drugs, vaccines, and extension support
Soybean production
INVESTMENT
USD 452.5M
INTERNAL RATE OF RETURN (%)
12%
NET PRESENT VALUE
USD 128.2M
DIRECT BENEFICIARIES
5,955
INDIRECT BENEFICIARIES
17,864
INCOME INCREASE PER CAPITA
5,382 USD/person
EMISSION REDUTION (EXACT)
--Kg tCO₂e
Soybean is a strategic industrial crop in Ghana, with significant production deficits across the value chain. Ghana currently produces only 30% of its grain requirement (983,378 MT/yr), 13% of its soymeal requirement (701,215 MT/yr), and just 4% of its vegetable oil requirement (700,000 MT/yr). The expanding poultry and fish industries are driving growing demand for soybean as a key feed ingredient, while urban demand for vegetable cooking oil is rapidly increasing.
Key Interventions
Investment targets the production of 220,000 MT per year of grain across the Savannah Region, involving:
- Establishment of 100 modern mechanised farms (1,000 ha each) in 3 enclaves, with high-yielding varieties targeting 2.2 MT/ha, up from the current 1.5 MT/ha
- Private investment of USD 393.7 million
- Government investment of USD 59 million in tax exemptions, climate-smart systems, land titling, and linkages with processors
Soybean processing
INVESTMENT
USD 247.3M
INTERNAL RATE OF RETURN (%)
20%
NET PRESENT VALUE
USD 98M
DIRECT BENEFICIARIES
122
INDIRECT BENEFICIARIES
488
INCOME INCREASE PER CAPITA
160,700 USD/person
EMISSION REDUTION (EXACT)
--Kg tCO₂e
Ghana currently has 12 outdated processors with 200,000 MT per year of installed capacity, but these operate at only 48% capacity due to low extraction efficiency, poor-quality soymeal, and inability to procure grains at market price. With domestic soybean grain production set to increase significantly under Case 3, a major processing opportunity exists to meet demand for soymeal and vegetable oil.
Key Interventions
- Processing of 175,000 MT per year of soybeans across 3 integrated facilities in 3 enclaves
- Each facility to feature integrated solvent extractors to improve the quantity and quality of oil and soymeal
- Private investment of USD 215 million
- Government investment of USD 32 million in tax exemptions and support for soybean grain production
Rice processing
INVESTMENT
USD 145.8M
INTERNAL RATE OF RETURN (%)
18%
NET PRESENT VALUE
USD 89.3M
DIRECT BENEFICIARIES
1,056
INDIRECT BENEFICIARIES
4,225
INCOME INCREASE PER CAPITA
16,900 USD/person
EMISSION REDUTION (EXACT)
--Kg tCO₂e
Rice is the second most important cereal in Ghana, with 1.4 million MT consumed annually. Currently, only 54% is produced domestically, the remaining 46% is imported. Ongoing government investments in irrigable land expansion and improved varieties are projected to drive domestic paddy production to 3 million MT per year, cultivated across 635,800 ha at an expected yield of 4.8 MT/ha. Investment in processing is urgently needed to translate this production growth into competitive milled rice.
Key Interventions
- Processing of 115,200 MT per year of rice across 5 integrated facilities in the Upper East, North East, Oti, and Volta regions
- Each facility to mill at low moisture content, polish, sort, destone, package, and store
- Private investment of USD 126.8 million
- Government investment of USD 19 million in tax exemptions and rice production support
Resources
FAO's Hand-in-Hand Initiative
21/12/2023
The Hand-in-Hand (HIH) Initiative supports the implementation of nationally led, ambitious programmes to accelerate agrifood systems transformations...
In the Media
Contacts
For more information, please contact the Hand-in-Hand team



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