ENTERPRISE Zambia Challenge Fund’s Post

🇳🇬 Cross River State in Nigeria is looking to agriculture to reinvigorate and diversify their economy. In partnership with Solidaridad West Africa_Official, the state is looking to revitalize the agricultural sector with a focus on key crops like oil palm, cocoa and coffee. The goal? To transform Cross River into a leading producer in Nigeria. The strategic plan aims to: 👨🌾 Create a framework for direct investment and farmer support, 📈 Increase yields and implement quality standards, ⛓ Promote sustainable practices throughout the value chain. This initiative has the potential to drive economic growth, reduce poverty & create a more resilient agricultural sector. Read more here https://lnkd.in/gYPYbNpr

🌍 Partnership Announcement! 🌱 Gab Agric Co. Ltd. and Pangea Africa have embarked on a transformative partnership. Together, we aim to strengthen the maize and soybean value chains in Ghana, empowering smallholder and commercial farmers while promoting climate-resilient agriculture. Interested in fueling this work by investing in Gab Agric? Reach out to Claire Baney for more information. Gab Agric., headquartered in the Upper West Region of Ghana, specializes in maize and soybean production and operates a comprehensive outgrower buyback scheme. By providing agricultural inputs, mechanization services, and consistent market guarantees, the company enables over 3,800 smallholder and commercial outgrowers to improve productivity, incomes, and resilience. 🤝 What this partnership means: ▪️Increased access to inputs and mechanization: Supporting farmers with the tools they need to boost yields. ▪️Capacity-building initiatives: Training farmers in sustainable, climate-smart agricultural practices. ▪️Market guarantees: Providing stable and profitable market access for locally produced maize and soybeans. This collaboration reflects our shared commitment to social impact and sustainability, supported by the Feed the Future Market Systems and Resilience activity led by ACDI/VOCA. Together, we are driving meaningful change in Ghana's agricultural sector. #Agriculture #Sustainability #Partnership #SmallholderFarmers #Soybeans #Maize #ImpactInvesting #FoodSecurity #GabAgricCoLtd #PangeaAfrica #Ghana #IITA #CGIAR #ACDI/VOCA #FeedtheFuture Raymond Denteh

🌍 Pangea is proud to have advised Oyster Agribusiness on its recent $2 million funding raise to expand its operations and deepen its impact on smallholder farmers across Ghana. This milestone was made possible through the support of RDF GHANA LBG., Sahel Capital 's Social Enterprise Fund for Agriculture in Africa (SEFAA Fund), and Root Capital, with the fundraising process expertly led by Pangea Africa Ltd., a leading Business Development Service provider. 💡 Over the past five years, Oyster Agribusiness has transformed the livelihoods of smallholder farmers while promoting sustainable agricultural practices. This fresh capital injection will allow them to reach more farmers and scale their climate-smart agricultural initiatives, further strengthening the resilience of Ghana’s agricultural sector in the face of climate challenges. At Pangea, we are committed to supporting innovative agribusinesses like Oyster that generate triple bottom-line impact. Together, we are working towards a more sustainable, inclusive, and resilient agricultural ecosystem in Ghana. 🚀 We are excited about the journey ahead and the positive changes this investment will bring to the agricultural landscape in Ghana! https://lnkd.in/dQc4mfee Sahel Capital RDF GHANA LBG. Pangea Global Ventures Oyster Agribusiness Edmond Kombat Bridget Egbenya John Scicchitano Nii Nortei Lokko #PangeaAfrica #OysterAgribusiness #SustainableAgriculture #ImpactInvestment #SmallholderFarmers

Oyster Agribusiness, a fast-growing agri-tech company in #Ghana, has just secured $2 million in funding. This investment, led by Pangea Capital Africa with support from Root Capital, RDF GHANA LBG., and Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), is set to propel Oyster’s climate-smart initiatives and expand its impact among smallholder farmers across the country. For Oyster Agribusiness, this funding marks the next big step in a mission that started just five years ago, and the company has already made remarkable strides. So far, they’ve poured GH¢60 million (or about $3.8 million) into the pockets of smallholder farmers, impacted over 4,500 lives, and cultivated more than 20,000 acres of farmland. Their produce—more than 25,000 tons—has made its way into both local and international markets, making Oyster a significant player in Ghana’s agricultural sector. Oyster’s story isn’t just about farming; it’s about rewriting the future. Read the full article using the link below. #agribusiness #agritech #funding #investment #businessverge

At Demeter Ghana, we focus on improving smallholder farmers' access to essential fertilisers and improved seeds, which are vital for achieving higher yields and enhancing food security. By providing rural agribusinesses with inputs on credit, we help ensure these crucial resources reach those at the last-mile who need them most. This initiative aligns with our broader mission to empower smallholder farmers with higher productivity and profitability, contributing to economic growth and sustainable development in Ghana's rural areas. Our commitment extends beyond providing access to inputs. We actively engage with local communities to offer training and support, enabling farmers to adopt best practices and innovative techniques. This holistic approach not only enhances productivity but also ensures that agricultural growth is sustainable and inclusive. By working together with farmers and agribusinesses, we strive to create a resilient agricultural sector that can withstand challenges and continue to thrive.

Actionable Ways To Attract Investment To Agric in Ghana Very apt topic. The #investment coming into Ghana #Agric seems to be skewed towards more talk shop and capacity building etc What may be required is to build the right groups - #cooperatives - #link them to international affiliates and internally develop these #smallholder farmer groups and cooperatives to be investment ready. Many small holder farmers are weak in all aspects especially when operating without #membership it Cooperatives or groups. To attract investment they must be investor ready. This means the farmer #groups must recognize the needed #change to make them sustainable and attractive for investment. Agunity.com has tools to build the operational capacity of #cooperatives in #Ghana. Our systems support cooperatives to operate in a very professional and organized fashion. With sound business operations and the capturing of essential data, investment , which seeks a return, is more likely to come to you as that is the essence of investment. Bold steps must be taken by the entire cooperatives eco system in Ghana to improve their impact and sustainability. Interested farm based organizations in and Cooperatives in #Ghana can contact: Agnunity.com for further details on our roadmap for both cooperative development and market access for our clients and members in Ghana. #agunity #cropslist #shea #Ghanarice Peter Horsten David Davies Angus Rama Keck Harrison Byrnes #Finance #agricfinance https://lnkd.in/dDRYyeJx.

The Cross River State in Nigeria is turning to #agriculture as a means to revitalize and diversify its economy. In collaboration with Solidaridad, the state aims to rejuvenate its agricultural sector with a focus on key crops like #oilpalm, #cocoa and #coffee. To achieve this goal Solidaridad West Africa_Official is working with a multi-stakeholder committee to formulate a development framework, focused on oil palm, cocoa and coffee value chains, for the state. This intervention has the potential to stimulate #economic growth, alleviate poverty, and foster a more robust agricultural sector. Read more about the partnership here: https://lnkd.in/gYPYbNpr

Oyster Agribusiness, a pioneering agri-tech company specializing in climate-smart agriculture, has successfully secured $2 million in funding to enhance its operations and support smallholder farmers in Ghana. This funding round was spearheaded by Pangea Capital Africa Limited and received contributions from Root Capital, RDF GHANA LBG., and the Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND). With this capital, Oyster Agribusiness aims to expand its reach, scale its initiatives, and continue transforming the agricultural landscape in Ghana. Over the past five years, Oyster Agribusiness has made significant strides in improving the livelihoods of smallholder farmers. The company has disbursed over GH¢60 million (approximately US$3.8 million) to farmers, positively impacting around 4,500 smallholder farmers. Additionally, it has cultivated over 20,000 acres of farmland and supplied more than 25,000 tons of agricultural produce to both local and international markets. CEO Edmond Kombat expressed enthusiasm for the support received from partners like Root Capital, RDF Ghana, Sahel Capital, and Pangea Africa Limited, emphasizing the potential for scaling operations and the importance of maintaining a focus on environmental sustainability. This investment underscores the impact Oyster Agribusiness has already made and its dedication to fostering a more resilient agricultural ecosystem in Ghana, particularly in the face of climate-related challenges. Pangea Africa Limited played a pivotal role in structuring the fundraising process, ensuring that Oyster Agribusiness attracted the right partners to bolster its growth. Nii Nortei Lokko, a partner at Pangea Africa Ltd., highlighted Oyster as a prime example of a successful African agribusiness that generates significant profits while delivering measurable social and environmental benefits for farmers in Ghana. This investment will enable Oyster Agribusiness to further its mission of creating a sustainable and inclusive agricultural environment in the region. #OysterAgribusiness #ClimateSmartAgriculture #Funding #SustainableFarming #SmallholderFarmers #Ghana #Agribusiness #PangeaAfrica #FinancialInclusion

Known as “the food basket of Ghana,” the Ahafo Region is renowned for its significant contribution to the country’s economy and food security. The region’s favorable soil type and rainfall pattern make it conducive for cultivating a diverse range of food and cash crops, attracting farmers involved in both subsistence and commercial farming. Commercial agriculture in the Ahafo Region faces challenges, including limited access to ready markets and insufficient value-addition opportunities for perishable crops. In 2013, Newmont Corporation, the operator of the Ahafo mine in the Ahafo Region and the Akyem mine in the Eastern Region, initiated the Asutifi Processing and Services Centre (APSC) in partnership with the German Development Cooperation. The center was established on a pilot basis to explore processing and marketing opportunities for agricultural produce in the region. This followed comprehensive engagements with the beneficiary farmers and assessments to comprehend the agriculture value chain in the region and the potential opportunities within it. Aligned with Newmont’s social performance strategy, focused on improving opportunities for residents in its host communities, especially youth and women, the APSC emerged as a key initiative to bolster livelihoods and generate sustainable employment in the Ahafo Region. The APSC stands as a pivotal initiative within Newmont’s comprehensive Local Economic Diversification (LED) program. This broader initiative involves collaborative efforts with development agencies, government entities, and impact investors to pinpoint business opportunities, foster job creation, and advance sustainable development within Newmont’s host communities. Click on the provided link to read the full article https://lnkd.in/dS4riiBf #newmont #apsc #ibmag

Agricultural development: USADF, Govt of Malawi renew US$ 7.5mln partnership https://lnkd.in/e7BP_89a - The Cooperator News LILONGWE, February 14, 2024 – The U.S. African Development Foundation [USADF] and the Government of Malawi recently renewed a US$ 7.5 million strategic partnership to support the development of Malawian smallholder agricultural producers, cooperatives, farmer groups, small-scale agribusinesses, and small and medium-sized enterprises. According to the press release, this commitment involves annual contributions of up to US$ 750,000 from both USADF and the Malawian government, individually, over a five-year period. “Through this co-funding partnership, USADF aligns its country strategy with the development goals of the Government of Malawi, aiming to advance broad-scale, sustainable economic growth and enhance the living standards of marginalized populations in the country …