AAC reinforces commitment to rice revolution in Ghana at UN climate change conference

GHANA – The Asian African Consortium (AAC), a subsidiary of the Jospong Group of Companies, has reaffirmed the company’s unwavering commitment to its rice revolution agenda in Ghana.

Speaking at the UN Climate Change Conference in Baku, Azerbaijan, on November 19, 2024, Peter Dawuni, the Northern Sector Coordinator of AAC, assured potential investors that AAC has secured sufficient land to support the project’s ambitious goals.

We have legally acquired 200,000 acres of land for our rice revolution project, ensuring that land-related challenges will not be an issue for our partners. All necessary documents are in place to support this transaction,” Mr. Dawuni revealed.

The AAC’s rice production project aims to reduce Ghana’s dependence on rice imports by producing 720,000 metric tonnes of rice within the next five years.

With this long-term vision in mind, Mr. Dawuni emphasized that the initiative would not only boost the local economy but also enhance food security for Ghana and its neighboring countries.

We are not just focused on profitability, but also on making a tangible impact through sustainable food security,” Mr. Dawuni stated.

 “Our partnership with investors will drive growth, improve food security, and contribute significantly to Ghana’s economic development.”

As part of its strategy, AAC has embraced best practices in sustainable agriculture, drawing inspiration from countries like Thailand, Japan, China, and France.

The company has adopted techniques such as Alternative Wetting and Drying (AWD), compost application, and agroforestry. According to Mr. Dawuni, these methods are vital for enhancing rice production while minimizing environmental impact.

“AWD is particularly effective for rice farming, and by increasing our use of compost, we are significantly reducing carbon emissions in Ghana,” he explained.

To ensure the success of the rice revolution, AAC is exploring equity and debt financing options, utilizing climate-smart technologies, and fostering collaboration between the public and private sectors. The company is also focused on adopting climate-resilient agricultural practices to support sustainable rice production.

In addition to its rice project, Mr. Dawuni announced that the Jospong Group and its partners plan to expand into large-scale commercial agriculture, with initial plans to focus on onions, soya beans, maize, rice, and poultry farming.

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