Ghana has secured a US$270 million investment to transform the poultry industry, create thousands of jobs and reduce the country’s dependence on imported chicken.
The 24-Hour Economy and Accelerated Export Development Secretariat (24H+) and four investment partners have signed Heads of Terms for the National Poultry Transformation Programme.
The investment is described as the largest UK agrifood investment in Ghana’s history and is expected to create about 12,000 direct jobs while significantly expanding local poultry production.
The investment partners are Agrium Capital, a UK-based agrifood investment company and subsidiary of Asset Green Ltd, Petra Trust, Axis Pension Trust and Ghana EXIM Bank.
The agreement was signed in Accra at the Tony Blair Institute for Global Change and brings together international private capital, Ghanaian institutional funds and development finance to establish an integrated poultry production platform.
The programme will cover the entire poultry value chain, including feed production, breeding, hatchery operations, broiler farming, processing, cold storage, logistics and market access.
Production set to increase
Under the first phase, the programme is expected to produce about 20,000 tonnes of dressed and processed broiler products annually.
Production is projected to rise to 50,000 tonnes as the programme expands.
Ghana currently spends an estimated US$400 million each year importing chicken and other poultry products.
The new investment is therefore expected to help retain a larger share of that expenditure within the Ghanaian economy while creating opportunities for businesses and workers across the poultry value chain.
Presidential Adviser on the 24-Hour Economy and Accelerated Export Development, Augustus Goosie Tanoh, said the investment reflects the government’s strategy of mobilising private capital into productive sectors.
“This is a purposeful blend of foreign private capital and Ghanaian private capital, aligned to build this industry at scale,” Tanoh said.
The Economic Counsellor and Head of the Growth Team at the British High Commission, Simone Mousey, welcomed the agreement, saying it could strengthen commercial ties between Ghana and the United Kingdom, particularly in agriculture and agrifood.
Agrium Capital Chief Executive Officer Rod Bassett said the investment showed confidence in Ghana’s poultry industry and its potential to support food security, boost domestic production and create local value.
The Country Director for Ghana at the Tony Blair Institute for Global Change, Sam Mensah-Baah, said the partnership represented the kind of collaboration needed to convert Ghana’s economic ambitions into jobs, productive capacity and sustainable growth.
He said the Institute was pleased to have helped bring together international investors, domestic institutional capital and government stakeholders for the US$270 million investment.
Petra Trust Managing Director Kofi D. Fynn also said the involvement of Petra Trust and Axis Pension Trust showed that Ghana’s pension sector was prepared to invest long-term capital in productive sectors.
“We are ready to put our capital to work in support of the goals and objectives of this country,” Fynn said.
The investment comes ahead of the UK-Ghana Investment Summit scheduled for September 24, 2026, which is expected to create additional opportunities for businesses and investors from both countries.
The parties will now develop the Heads of Terms into a Shareholders’ Agreement, which they expect to execute in the coming weeks.
