Growing consumption of poultry meat and table eggs in Ghana and neighboring Côte d’Ivoire create opportunities for poultry farmers to increase production to bridge the supply gap in domestic and export markets. Access to affordable inputs for poultry feed is key for farmers looking to capitalize on this import substitution opportunity. In Ghana, the period between November and January is when the prices of maize and soya, the two main ingredients for poultry feed, are at their lowest. After that, grain becomes scarce and prices keep rising till the next harvest season, when new produce forces prices down. For poultry producers, this seasonality can be very hard to manage without storage and sufficient working capital to store maize and soya grain for feed formulation.
A.M. Unity Farms, Ltd. operates two farms on a total of 45 acres, with a 1,500 MT capacity warehouse for storing poultry feed produced by the company. Located in the hub of Ghana’s poultry industry, A.M. Unity produces broilers, layers, and eggs for sale to customers in the Greater Accra, Western, Ashanti, and Volta regions of Ghana, and in neighboring Côte d’Ivoire. Although the company has an established capacity for 100,000 birds at a time, and sufficient storage space, it is presently producing below capacity, at about 77,000 birds, due to a lack of working capital. The size of the market served by A.M. Unity and its current capacity provides grounds for it to increase production to meet demand locally and in Côte d’Ivoire.
A.M. Unity is seeking $320,000 in working capital to stockpile maize for feed formulation to produce more poultry meat and eggs. The injection will enable the company to buy maize in bulk and fully reach its operating potential.
A.M. Unity may require a BAS provider to help raise financing for the project.
A USAID-FinGAP ERR has not been conducted yet.
Several ongoing initiatives support a conducive business environment for the investment, including:
- Government of Ghana (GoG) Broiler Revitalization Project
- USDA Poultry Feed Project to build capacity of Ghanaian farmers in poultry feed formulation
- Ghana Commodity Exchange Project (GCX)
- Savannah Accelerated Development Authority (SADA)
- Ghana Commercial Agriculture Project (GCAP)
- USAID-sponsored Agricultural Development and Value Chain Enhancement (ADVANCE) project
- Northern Rural Growth Programme (NRGP), funded by the African Development Bank (ADB), International Fund for Agricultural Development (IFAD), and GoG
Adama Musah, Managing Director, +233 (0) 208120459 / 243380913