Agritech
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Vitara raises $2m to connect Ghana’s shea farmers to global markets.
Vitara Agritech, the B-Corp certified agtech (formerly Sommalife), has secured a €1.8 million equity investment from EDFI Management Company, Acumen and a network of angel investors to expand its operations. The investment, announced on 26 October 2026, marks EDFI’s first direct equity investment in Ghana. EDFI Management Company manages the AgriFI Ghana Country Window, which…
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Philanthropic VC, fair equity, backs alternative protein startup Legendary Foods Africa.
German philanthropic VC firm fair equity has invested in Legendary Foods Africa, the Ghanaian startup producing alternative protein from palm weevil larvae. The firm announced the transaction on LinkedIn. The investment amount was disclosed. The announcement also named Obudu Capital and the Draper Richards Kaplan Foundation as partners in the transaction. Obudu Capital lists Legendary…
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IFC provides $2.4 million convertible loan to Complete Farmer to scale agricultural finance in Ghana.
The International Finance Corporation (IFC), in partnership with the Business Investment Financing Track, is providing Complete Farmer with a $2.4 million convertible loan to expand its agricultural financing model. The financing will support Complete Farmer’s efforts to finance agricultural inputs and agronomy services for farmers. IFC is also providing $660,000 in advisory and grant support…
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Mariseth Farms secures $1.6 million in working capital loan from Sahel Capital.
Ghanaian agribusiness Mariseth Farms has secured a $1.6 million working capital facility from Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (SEFAA). The financing will provide the company with additional financing to expand commodity trading during the 2026/2027 agricultural season. The facility is structured in two tranches and represents a renewal and expansion of…
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SmithField Agribusiness secures $230,000 from GBHub Africa to expand cold storage network.
SmithField Agribusiness, a Ghanaian agrifood supply chain business, has secured $230,000 (GHS 2.53 million), in convertible debt financing from GBHub Africa to expand its cold chain infrastructure, grow its network of smallholder farmers, and strengthen its operations. Unlike a conventional convertible note, the investment includes a one year moratorium and a one year decision cliff.…
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Pangea Africa and Black Star Africa acquire female-led produce pioneer Eden Tree.
Investment firms Pangea Africa and Black Star Africa have announced that they have jointly acquired a majority stake in Eden Tree, Ghana’s premier producer and distributor of fresh, packaged fruits and vegetables. Founded in 1997, Eden Tree operates a processing facility in Tema and sources fresh produce through a network of outgrower farmers across Ghana.…
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Complete Farmer’s Desmond Koney becomes first Ghanaian entrepreneur selected into Endeavor Network
Desmond Koney, founder and CEO of Complete Farmer, has become the first Ghanaian entrepreneur selected into the global Endeavor Entrepreneur network. Koney was selected during Endeavor’s International Selection Panel held in Athens, Greece, joining a group of 28 entrepreneurs leading 16 high growth companies from across the world. The selection recognises founders with the potential…
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How 3Farmate’s FAMA robot is replacing hoes and cutlasses on farms.
.Ghana’s agriculture sector still runs largely on hoes, cutlasses, and unreliable manual labour. In a country with millions of hectares of arable land, that gap between potential and actual productivity is what 3Farmate’s co-founder and CEO, Clinton Anani, is trying to close with FAMA—a fully autonomous, locally built farm robot designed to handle planting, fertilising,…
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Africa Business Angels Network make follow-on investment in Ghana’s Legendary Foods
The African Business Angel Network (ABAN) has made a follow-on investment in Legendary Foods, a Ghana-based food technology startup focused on sustainable protein production. The transaction was executed using ABAN’s cross-border syndication model, pooling capital from angel investors across multiple African countries through a Special Purpose Vehicle (SPV) registered in Rwanda. Financial terms of the…
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Akofresh secures $100,000 OPEC Fund Youth Entrepreneurship Award for tackling post-harvest losses.
AkoFresh, the Ghana-based agtech has been named the winner of the 2026 OPEC Fund Youth Entrepreneurship Award, for helping smallholder farmers reduce post-harvest losses. The OPEC Fund Development Forum celebrates young entrepreneurs whose innovations are delivering measurable development impact. Along with the recognition, AkoFresh receives $100,000 to support the growth of its work. Founded by…