FMO proposes investment in Ghanaian agritech company
FMO, the Dutch development bank, is proposing a $3 million investment in Farmerline, a Ghanaian agritech company focused on providing smallholder farmers with quality inputs and market access through a network of local agribusinesses.
The investment would be made from the FMO Ventures Program and will allow Farmerline to further scale its operations, build a robust supply chain and expand the team.
Farmerline leverages its proprietary Mergdata farmer management platform to reach smallholder farmers in Ghana, while also providing this platform on a SaaS basis to corporates and developmental organisations active in the agricultural value chain.
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