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Press Releases

Green Gold Farms raises $1.6 million to tackle Ghana’s food import problem and poverty in the North

Tema, Juli 01, 2021 – Green Gold Farms, a leading Ghana-based, African-led agribusiness start-up has completed raising US$1.6 million from Absa Bank Ghana, Diaspora Capital, Channel Ventures, EPMT Fund, and a number of early-stage seed investors.

Green Gold Farms is tackling the problems of poverty, lack of economic opportunity, and malnutrition and related illnesses in Northern Ghana through large-scale agricultural production.

Despite abundant amounts of land, diverse agro-ecological richness and plentiful available labor, the majority of the two million people living in Northern Ghana are food-insecure. Limited economic opportunities leave many precariously close to the poverty line of $1.90 per day.  

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Chief Fuseni Issah Chief of Sekpe and George Sarpong (GGF), Abdul Rahman (Yara CD), Osman Fuseni (Yara), Fred Saeh Arasa (SCM Manger)Green Gold Farms Ghana Breaks Ground on its 40,000 Acre Farm

Tamale, June 15, 2020 – Green Gold Farms Ghana (‘GGF’) broke ground on its 40,000-acre farm in Sekpe in the Moin District of the Northern Region of Ghana, with an estimated land value of US$20 million. GGF held a sod-cutting ceremony which was attended by Chief Fuseni Issah – Chief of Sekpe, Mr. Abdul Rahman, Commercial Manager Northern Sector – YARA, Mr. Osman Fuseni, Agronomist – YARA, Mr. Fred Saeh, Senior Supply Chain Manager – ARASA Ltd to commence cultivation of soybeans for both local consumption and also in fulfilment of an Irrevocable Corporate Purchase Order (ICPO) with ARASA Investments Ltd., a subsidiary of TIRYAKI AGRO, a Turkey-based multinational corporation, beginning with the production of 5,000 metric tons of non-GMO soya bean crop. GGF had arranged offtake agreements with ARASA and other major food buyers.

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