Agrium Capital Advances $270 Million Poultry Investment Plan to Transform Ghana’s Industry

African360 News | Business and Agriculture

Ghana’s efforts to transform its poultry industry have reached another stage following the signing of an agreement with UK-based agrifood investment firm Agrium Capital to advance a proposed $270 million investment programme.

The agreement, signed with the 24-Hour Economy and Accelerated Export Development Programme (24H+), is expected to move the National Poultry Transformation Programme into further technical and investment development.

The latest development follows the signing of Heads of Terms by the programme and its investment partners in August 2026. The earlier agreement outlined plans to establish an integrated poultry production system aimed at expanding local production, creating jobs and reducing Ghana’s dependence on imported chicken.

Petra Trust, Axis Pension Trust and Ghana EXIM Bank are among the partners involved in the proposed investment, which seeks to combine international private investment with Ghanaian institutional capital and development finance.

12,000 Jobs Expected from the Programme

The proposed investment is expected to create approximately 12,000 direct jobs across the poultry value chain, while strengthening domestic food production and supporting agricultural businesses.

Ghana currently spends an estimated US$400 million annually on imported chicken and poultry products. The programme aims to reduce that import bill by increasing the supply of locally produced poultry and retaining more economic activity within the country.

The first phase is projected to produce 20,000 tonnes of dressed and processed broiler products annually, with the potential to increase output to 50,000 tonnes as the project expands.

The employment and production figures remain targets for the proposed programme rather than results already achieved.

Integrated Poultry Production from Feed to Market

The project is designed to cover the entire poultry value chain, rather than focus on farming alone.

Its planned operations include feed production, breeding, hatchery facilities, broiler farming, processing plants, cold-chain infrastructure, logistics and access to domestic and export markets.

By connecting these activities within one integrated system, the programme aims to address challenges that have affected Ghana’s poultry industry, including production costs, access to quality inputs, processing capacity and competition from imported chicken.

Presidential Adviser on the 24-Hour Economy Programme, Augustus Goosie Tanoh, has described the initiative as an example of mobilising domestic and international private capital to develop productive industries.

The latest agreement is intended to consolidate the partnership and support the technical and commercial work required to move the proposed investment towards implementation.

Pension Funds and Ghana EXIM Bank Join the Partnership

The participation of Petra Trust and Axis Pension Trust highlights the potential role of Ghana’s pension sector in financing long-term productive investments.

Petra Trust Managing Director Kofi D. Fynn has said the participation of the pension institutions demonstrates their readiness to deploy capital in support of national development.

Ghana EXIM Bank is also part of the partnership, bringing a development-finance institution into the planned effort to expand domestic poultry production.

The collaboration seeks to connect foreign investment, local institutional funds and public-sector development priorities around a single industrial project.

UK-Ghana Economic Cooperation

The poultry programme is also expected to support commercial relations between Ghana and the United Kingdom, particularly in agriculture and agrifood investment.

The Tony Blair Institute for Global Change has been identified as a catalytic partner in bringing together the government, international investors and Ghanaian institutional investors during the programme’s development.

The partnership reflects broader efforts to attract capital into sectors that can increase local production, support employment and strengthen Ghana’s productive capacity.

Next Steps for Ghana’s Poultry Industry

The proposed $270 million programme could create opportunities for poultry farmers, feed producers, processors, transport operators and other businesses connected to the agricultural supply chain.

However, achieving its targets will depend on the successful completion of project development, financing arrangements, infrastructure delivery and the establishment of commercially viable operations.

If implemented as planned, the initiative could help increase domestic chicken production, create employment and reduce Ghana’s exposure to imported poultry products.

For now, the latest agreement marks a further step in the development of the proposed investment, with the focus shifting towards the technical and commercial work needed to bring the project to fruition.

African360 WhatsApp Channel for more News update:  https://whatsapp.com/channel/0029Vb7Oc6nGk1FpdCN0xn44