President Akufo-Addo has visited the premises of Darko Farms, the oldest private and largest poultry farm in Ghana.
The President visited the facility, whose operations have been revamped through Government’s 1-District-1-Factory initiative, on Saturday, October 2, 2021.
Darko Farms was a household name in Ghana and dominated most supermarkets and distribution outlets for fresh chicken, particularly in Kumasi and Accra.. However, the company went through a period of decline, due to major challenges that confronted the domestic poultry industry in the late 1990s. These included high cost of feed, inefficiencies across the value chain, high electricity and operational cost, as well as competition from cheap imported poultry products.
As part of Government’s Industrial Transformation Agenda, being implemented by the Ministry of Trade and Industry, Darko Farms Company was identified as one of the distressed but potentially viable companies.
As a result, the company, in 2017, applied to be part of the flagship 1-District-1-Factory initiative, and after a comprehensive review by the Technical Support Group of the Ministry, an amount of GH¢22.1 million was granted as a loan facility to the company by Ghana EXIM Bank.
The amount was earmarked to revamp the company’s operations, by upgrading the plant and equipment, retooling the hatchery, feed mill and processing facility and as working capital.
The company has also applied part of this facility to establish an out-grower scheme, where a number of poultry farmers are supported with broiler chicks, feed as well as technical assistance to breed their birds.
Darko Farms, currently has a processing plant operating at 10,000 birds per day with one shift, and 20,000 birds per day with two shifts. It has a hatchery with capacity to produce 6-million-day-old chicks a year, breeder farms with a bird population of about 30,000 per batch, a layer farm with capacity of 100,000 per batch, and commercial broiler farms with capacity of 350,000 birds per cycle of 8 weeks.
In addition, the company has a feed mill with an installed capacity of 96 metric tons of feed per day, and a storage cold room of 500 metric tons.
Thus far, the company has created direct employment opportunities for some 250 workers, and indirectly for over 500 people, including out-growers, distributors, and transporters. At full operational capacity, the company will directly employ more than 400 workers, with 700 being indirect employment.
Darko Farms is currently engaged in negotiations with the Mohinani Group to become the major local supplier of processed chicken for Kentucky Fried Chicken (KFC) restaurant chain. KFC, through its local supplier has indicated its preparedness to off-take 100,000 birds monthly from Darko Farms under YUM certified conditions.
Latest Stories
-
Dr Nduom hopeful defunct GN bank will be restored under Mahama administration
14 minutes -
Bridget Bonnie celebrates NDC Victory, champions hope for women and youth
22 minutes -
Shamima Muslim urges youth to lead Ghana’s renewal at 18Plus4NDC anniversary
1 hour -
Akufo-Addo condemns post-election violence, blames NDC
2 hours -
DAMC, Free Food Company, to distribute 10,000 packs of food to street kids
3 hours -
Kwame Boafo Akuffo: Court ruling on re-collation flawed
3 hours -
Samuel Yaw Adusei: The strategist behind NDC’s electoral security in Ashanti region
3 hours -
I’m confident posterity will judge my performance well – Akufo-Addo
3 hours -
Syria’s minorities seek security as country charts new future
4 hours -
Prof. Nana Aba Appiah Amfo re-appointed as Vice-Chancellor of the University of Ghana
4 hours -
German police probe market attack security and warnings
4 hours -
Grief and anger in Magdeburg after Christmas market attack
4 hours -
Baltasar Coin becomes first Ghanaian meme coin to hit DEX Screener at $100K market cap
5 hours -
EC blames re-collation of disputed results on widespread lawlessness by party supporters
5 hours -
Top 20 Ghanaian songs released in 2024
6 hours