Why Should You Farm Rice Ghana, On Grow For Me?

Grow For Me
GrowForMe
Published in
2 min readOct 2, 2021

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Driving through Asutsuare Irrigated Rice Farms

Why Farm Rice Ghana On Grow For Me? I summarise the answer with the acronym RFM.

Rice paddy grew at 11.1% in production and reach 963,000 tons in 2019.

Source: https://ebrary.ifpri.org/digital/collection/p15738coll2/id/133697

Ghana has imported almost $ 4 billion worth of rice since 2010 creating an immense opportunity to build multiple Rice (USD) Millionaires in farming rice locally.

Source: https://www.ghanaweb.com/GhanaHomePage/business/Ghana-spent-US-3-9-billion-on-rice-imports-in-9-years-Sam-Jonah-1242934

Finally but most importantly, the government has made a commitment to stop the importation of rice into Ghana by 2022.

Source: https://citinewsroom.com/2019/11/govt-targets-2022-to-ban-importation-of-rice/ and https://www.pulse.com.gh/bi/strategy/ghana-is-expected-to-end-importation-of-rice-by-2022/tms8mqk

The land in Togome

There is land available to farm in Torgome, however, it cost about $ 150,000 to own a lease on the land for 50 years.

Read more about the Kpone Left Bank Irrigation scheme for commercial agriculture under the Ghana Commercial Agriculture Project (GCAP) in Torgome here: http://mofa.gov.gh/site/media-centre/latest-news/item/579-mofa-takes-over-agricultural-land-at-torgome

Kpone Left Bank Irrigation scheme for commercial agriculture under the Ghana Commercial Agriculture Project (GCAP) in Torgome

What does it mean for you? It simply means you must become a rice farmer or trader.

How do you start if you have no knowledge or experience, yet have money and interest? It’s really simple, visit www.growforme.com to start farming rice or visit https://www.growforme.com/en/trades/ to start trading.

What is the opportunity if I spent $ 10,000? You can make 5% to 25% in profit on your sponsorship after the harvest and trade of your rice paddy. Read more on this link: https://www.growforme.com/en/cropfarmdetail/20/

What is the risk if I farm or trade? There is no guarantee. You can lose your sponsorship or profit. Read more on this link: https://www.growforme.com/en/riskpolicy/

Is crop insurance in place to protect the sponsorship/investment? Yes, there is. Visit Ghana Insurance Agri Pool ( https://gaip-info.com/ )to learn about the insurance solutions we put in place:

https://gaip-info.com/drought-index-insurance

or

https://gaip-info.com/multi-peril-crop-insurance.

It’s important to note that crop insurance is not like a car or housing insurance. From experience, you will get about 40% to 60% of the value insured if there is total crop failure from GAIP.

Can I visit the farm in person, or observe the purchased paddy in a warehouse? Yes, you can at any time. Just email farm@growforme.com or trade@growforme.com

Thanks for reading and have a 🌾 farm-tastic day.

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Grow For Me
GrowForMe

Grow For Me is an agri-tech platform determined to transform Africa's agricultural value chain through crowd-farming.