Olam Commits $200 Million to Transform Ghana’s Food and Feed Industries

Ghana’s food sector is on the brink of a major boost as Singapore-based agribusiness giant Olam unveils plans to pour $200 million into new agro-industrial projects. The ambitious investment will focus on pasta production, poultry feed, and aquaculture feed, creating around 4,000 jobs and giving fresh momentum to the country’s drive to strengthen food security and cut back on imports.

The announcement came shortly after President John Mahama’s three-day state visit to Singapore, where nearly $1 billion in investment deals were secured across key sectors. Foreign Affairs Minister Samuel Okudzeto Ablakwa revealed that Olam’s commitment marks one of the most significant outcomes of the visit and underscores growing international confidence in Ghana’s economy.

Central to Olam’s initiative is a state-of-the-art pasta plant with an annual capacity of 43,000 tons, scheduled to begin operations in 2026. The company also plans to establish dedicated feed mills for poultry and aquaculture, two industries long considered vital to closing Ghana’s food supply gap. These projects are expected not only to meet the needs of local consumers but also to provide competitive opportunities for Ghanaian farmers and agribusinesses within the wider West African market.

Demand for pasta continues to climb rapidly in Ghana’s urban centers, reflecting changing diets and a growing middle class. Market projections indicate the pasta industry could be worth $325.4 million by 2025, with steady growth of more than 7% per year through 2030. However, domestic demand is currently satisfied largely through imports—particularly from Turkey—leaving Ghana exposed to supply chain risks. More than 70% of locally processed whes used