Until now, the Ghanaian industry has been limited mainly to fertilizer blending units using imported products.
Ghana is importing rice despite milled rice production being forecasted to reach 900,000 metric tons this season.
These acquisitions are expected to increase Presco’s total plantation size by 37%, expanding its footprint from approximately 43,547 hectares to 59,760 hectares.
The Redgold Oil Palm Plantation Project (ROPP) is aimed at boosting palm oil production.
This initiative aims to exploit the region’s potential to become a major maize producer.