Ghana's Oyster Agribusiness raises $2m
Investors include Root Capital, RDF Ghana, and Sahel Capital’s Social Enterprise Fund for Agriculture in Africa.
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Oyster Agribusiness, a Ghana-based agri-tech company, has raised $2 million in funding from Root Capital, RDF Ghana, and Sahel Capital’s Social Enterprise Fund for Agriculture in Africa (SEFAA). The fundraising process was led by Pangea Africa.
Oyster’s primary activity is the production and processing of agricultural produce for the local and export market.
"We are thrilled to have the support of Root Capital, RDF Ghana, Sahel Capital, and Pangea Africa Limited, whose expertise and backing will help us to accelerate our vision. This investment is a testament to the impact we've made with smallholder farmers and the tremendous potential we see in scaling our operations. Together, we are working toward a more sustainable, inclusive, and resilient agricultural ecosystem in Ghana," commented Oyster CEO Edmond Kombat.
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