Agriculture ministry and ABC Oyeasase Yie agree deal for 500,000-tonne fertiliser plant

Pinned summary · as of 05:41

Ghana's agriculture ministry has struck a deal with a private company, ABC Oyeasase Yie Ltd, to build a facility in the Eastern Region that blends fertiliser. The parties formalised the arrangement in Accra on Thursday, 24 September 2026, and the site is planned to handle 500,000 metric tonnes a year.

What we know

• The Ministry of Food and Agriculture (MoFA) and ABC Oyeasase Yie Ltd put their names to a memorandum of understanding covering a fertiliser-blending facility to be located in the Eastern Region.
• The document was signed in Accra on Thursday, 24 September 2026, in the ministry's conference room.
• Once running, the plant is meant to produce 500,000 metric tonnes of fertiliser every year.
• MoFA's Chief Director, Paul Siameh, and the company's Managing Director, Mark Nyantakyi, were both at the ceremony.
• Agriculture Minister Eric Opoku said the ministry stood ready to work with the firm so that enough organic fertiliser is available. “We are 100% ready to work with ABC Oyeasase Yie Ltd to ensure that Ghana can produce organic fertiliser,” he said.

What's disputed / unconfirmed

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  MyJoyOnline and The Vaultz News both mention a US$50 million price tag for the project; The Vaultz News describes it only as a reported figure, and neither the ministry nor the company has been quoted giving it.
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  Mr Opoku said, according to MyJoyOnline, that the ministry would prepare to buy some of the company's output for the Feed Ghana Programme once production starts, and The Vaultz News attributed a similar offer to MoFA; this is a stated intention, not a signed purchase commitment.
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  Reports say the plant is expected to boost local fertiliser output, improve soil health, cut reliance on imported farm inputs and support the Feed Ghana Programme. These are expected benefits, not results.
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  The Vaultz News reported that the company intends to buy its inputs from within West Africa and that young people and agriculture graduates could benefit from jobs linked to the project. No other report has confirmed either point.
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  MyJoyOnline quoted Samuel Adimado, a director of the company, saying the firm had made arrangements to start work and that the product would suit both conventional and organic farmers. The claims about the product and readiness come from the company alone.
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  The Vaultz News quoted Mr Adimado as saying the aim is to back the national food security agenda. This is the company's stated purpose, and it has not been independently tested.

Why it matters for Ghana

Fertiliser is one of the biggest costs for farmers across Ghana, in the Eastern Region and beyond. A local blending plant could widen supply, but the reports give no start date for production, and the ministry has urged the company to move from signing to implementation. The deal will also be watched as a test of how the government works with private firms under the Feed Ghana Programme.