Commercial farm and the first phase development of the Babator Irrigated Farming Hub.
With no large-scale farming operations in the northern region of Ghana and a lack of local management skills, AgDevCo’s vison for a 5,740-hectare irrigated farming and processing hub meant starting from scratch. After four years of groundwork, including community consultations and environmental studies, the Babator Farming Company (BFC) was launched as the first in a series of irrigated commercial farming units.
AgDevCo financed and developed BFC to prove the concept of the BIFH project on a commercial scale. BFC acts as a platform to attract commercial investors to BIFH and has grown maize, sorghum and onions and other arable crops. An experienced management team, infrastructure and equipment (with potential to lease) are in place, and BFC is working with several commercial partners to conduct crop trials under irrigation, including fruits and seed maize.
| Investment | Total invested | Investment type | Start date |
|---|---|---|---|
| Babator Farming Company (BFC) | $7,900,000 | Debt / Equity | 2016 |