Ghana

Agricultural Potential & Sustainability

Rob Stichbury - Paragon Volta

Ghana is ideally positioned for Agribusiness growth

First land for development 5,000 ha in Brong-Ahafo near to the Black Volga

The land is currently uncropped

Agriculturally not dissimilar to key regions in Brazil

Paragon Volta

Mato Grosso v Brong-Ahafo

The rest is Capital + Management + Smart Farming

Brong-Ahafo Mato Grosso

Rainfall mm 1,100 1,300

Temperature ºC 20 - 30 15 - 30

Relative Humidity 70 - 80 75 - 80

Ave day sunshine hours

7.5 6.5

Soils Savanna Ochrasols

Oxisols

Vegetation Forest & bush savanna

Forest & bush savanna

The Paragon Volta Project….a blueprint for sustainable

development

Initial plans for 5,000 hectares including: Certified Seed Enterprise with Laboratories Crops to include Sorghum, Wheat, Maize, Rice, Canola, Soya, Peanuts and

cash crops (Guar, Cassava, Sugar Cane) Smart Farming with latest technology & machinery Processing – Oil and Feed Mills Renewable Energy – solar, HEP, biofuels Parallel opportunities (Extension Service, CPC, Fertilizer, Processing &

Marketing) Phase 2 additional 25,000 hectares, & development of new crops &

markets

Social & Environmental Plans Employment & Training School & Health Clinic Communications (mobile, IT, computers) Renewable Energy

Funding: phase1 $15-20m; phase 2 $25-30m

Timing: asap

Climate change; Environmental Protection & Biodiversity

………….are key areas for improvement

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Ghana Agricultural Emissions (Gigagrams CO2 equivalent)

Gig

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Actual Forecast 2% CAGR

FAO Stat 2013Mainly methane & nitrous oxidesexpressed in CO2 eq

Summary

Timing is perfect now

Smart farming & The Internet of Things = competitive blueprint for the future

Overall opportunity will have major impact to Ghana: BoP >$1bn; infrastructure & jobs in allied industries

Social & Environmental integration – Critical for Sustainability