News and Events

Jun 19, 2017

RMG Concept Ltd invests $1.75m in the Babator Farming Company Ltd

BFC is a 356 ha (net) irrigated farming company established by AgDevCo Ghana Ltd (“AgDevCo”) as the first phase of the Babator Irrigated Farming concession – which is expected to be the largest block of irrigated land in Northern Ghana (5,000 ha).

AgDevCo’s early work at BFC has demonstrated the commercial viability of the project and its establishment has already delivered development benefits to the area: 85 permanent jobs have been created in a rural environment where little formal employment exists. Farming operations started in early 2017 and by the end of the year, the equivalent of 2,000 MT of cereals (maize, sorghum, grain and seed) and 4,000 MT of onions will have been produced for the local market, improving food security.

Download the full press release here.

We believe we can deliver more impact by making investments that help responsible agribusinesses grow.
If you believe your business meets our investment criteria, we want to hear from you.
Contact us