Agricwealth Ghana is set to host the maiden edition of the first-ever Africa Agriculture Investment Summit at Cineworld, The O2, Peninsula Square, London SE10 0DX.
The summit is to unite industry stakeholders in a collective effort to explore the immense untapped agricultural potential in the country.
Additionally, the summit, which is scheduled to start on March 16, aims to stimulate collaboration, unveil investment opportunities, and foster partnerships geared toward revitalising rural economies in Ghana, addressing rural poverty and curbing unemployment.
Therefore, Agricwealth Ghana, in collaboration with its UK office, will spearhead this endeavour, marking the first instance where a Ghanaian firm takes the lead in organising African diaspora in the United Kingdom for a collaborative project with the goal of showcasing Ghana on the global stage for trade and investment opportunities.
Recognising that private sector participation is pivotal to transforming the fortunes of the agriculture sector, Agricwealth Ghana emphasises the need for collective efforts to attract investors to leverage the abundant agrarian lands, climate resilience and favourable weather patterns in Ghana to contribute significantly to feeding the world’s growing population.
This unprecedented gathering will bring together government officials, financial institutions, investors, logistics firms, project developers, commercial farmers and players in the agro-food industry.
Ghana’s agriculture sector presents numerous investment opportunities, spanning poultry, animal feeds, rice production, value addition support, and various other domains. Despite boasting a significant agricultural investment portfolio, the country imported US$2.6billion worth of agricultural and related products in 2022.
In an effort to bolster investor confidence, the Ghanaian Government has implemented various incentives, including tax exemptions on imported agricultural machinery.
It is against the backdrop of these developments that Agricwealth Ghana and its UK office seek to reshape the narrative by enticing potential investors to explore the benefits of investing in Ghana’s agriculture sector.
Meanwhile, the Executive Director, Agricwealth Ghana, Evans Kyere-Mensah, in 2022 received the best Agri Advocacy award from Guzakuza.
Mr. Kyere-Mensah asserts that agribusiness will not only reshape Ghana’s economic narrative but will also address significant issues such as youth unemployment, bringing about prosperity, transformative livelihoods and a higher sense of purpose for the younger generation.
He believes that the diaspora, particularly Ghanaians in the UK, has a crucial role to play in mobilising the country’s communities for growth and development.
In 2022 and 2023, Agricwealth Ghana successfully mobilised over 10,000 youths for its Ghana Youth Agriculture Summit, empowering them to embrace food production. Post-summit, Agricwealth Ghana facilitated numerous youths in acquiring tracts of land for diverse farming activities, with over 200 now actively engaged in personal agricultural businesses.
The Executive Director of Agricwealth Ghana, Evans Kyere-Mensah, received recognition as the Best Municipal Cassava Farmer in the Mampong District of the Ashanti Region in 2023.