In a bold move to industrialise its agricultural economy and reduce reliance on imports, Ghana has secured a $5 billion investment deal with Aljadad Group, a leading Qatari agricultural investment company, to establish a world-class fertiliser production facility.
The announcement was made by the Minister for Food and Agriculture, Hon. Eric Opoku via his official Facebook page.
He has described the project as a “strategic turning point” for Ghana’s agro-industrial ambitions.
The facility, to be located at the Petroleum Hub in Atuabo, will be anchored by a gas processing plant and will focus on the production of ammonia and urea; key ingredients in nitrogen-based fertilisers.
Ghana’s abundant natural gas reserves will be utilised as feedstock, creating a direct link between the country’s energy resources and industrial output.
“This initiative will serve as a cornerstone for Ghana’s economic transformation,” said Minister Eric Opoku.
“It’s not just about fertiliser; it’s about job creation, foreign exchange savings, and regional leadership in agro-industrial manufacturing.”
The project has already cleared key milestones, including feasibility studies and land acquisition. Construction is scheduled to begin in October 2025, marking the start of what officials believe will be a new industrial corridor in the Western Region.
Analysts say the project could position Ghana as a net exporter of fertiliser within the next decade, drastically reducing import costs and stabilising prices for local farmers.
The investment aligns with Ghana’s broader goal of value addition through local processing and regional trade integration under the African Continental Free Trade Area (AfCFTA).
Source; www.leakyghana.com
Enock Akonnor is an experienced Ghanaian journalist, based in Kumasi and currently serves as the CEO and Managing Editor of www.leakyghana.com.
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