Agriculture

    AAK Invests Over €13 Million in Northern Ghana Shea Program

    Global oil producer disburses interest-free pre-financing to support 275,000 women shea collectors ahead of the 2026 season

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    AAK, a global leader in plant-based oils, has begun its 2026 pre-season investments. The company is disbursing over €13 million to women who collect shea nuts. This funding supports the Kolo Nafaso program in Northern Ghana. The investment totals over GHS 170 million. It will reach 275,000 women across participating communities. This initiative boosts their income stability and safety. It also strengthens their communities' resilience. The Kolo Nafaso program is the world's largest direct-sourcing program for any agricultural crop. Last year, it supported 230,000 women. This year's figure of 275,000 reflects significant growth. This pre-financing is a critical support. It comes before the main shea season begins. Many women experience low income during this period. The funds allow them to prepare their farms. They can also buy seeds and other essential items. Household needs are met while they await the shea harvest. The financing is completely free of interest. It also has no strings attached. Women are not forced to sell their shea to AAK. They can choose where to sell their product. Officials from Ghana's Ministry of Trade, Agribusiness and Industry observed the process. They visited AAK operations in Tamale. Director of Agribusiness, Kwame Oppong-Ntim, met beneficiaries. Deputy Director Abdul Muhsin Abubakari was also present. They saw how the pre-financing scheme works. It delivers vital cash directly to women. This happens at a key moment in their agricultural cycle. AAK's Kolo Nafaso program goes beyond just funding. Since its start in 2009, it has become a strong partnership. It is built on trust and openness. Women also receive support in other areas. They benefit from fair weighing and pricing. Digital tracking follows the shea from collection. Access to banking services like mobile money is available. Training helps improve shea quality and safety. Groups receive bonuses for high quality and large volumes of shea. Bernard Awopone, Kolo Nafaso Program Manager, explained the long-term plan. He stated that Kolo Nafaso creates a system that benefits women every year. The pre-financing is a clear sign of this commitment. It provides immediate help. It also supports long-term growth for women and the shea industry. AAK will continue rolling out this support. Many more communities in Northern Ghana will benefit soon. This approach links business success with social good. It makes the shea supply chain stronger. It also helps create inclusive economic growth. Better livelihoods are fostered across Ghana's shea-growing regions. The program's expansion highlights its importance to Ghana's agricultural sector and the rural economy. It represents a significant injection of capital into these communities.

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