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Acumen Invests in Ghanaian Agritech Startup Wami Agro to Support Smallholder Farmers

New Investments

Acumen Invests in Ghanaian Agritech Startup Wami Agro to Support Smallholder Farmers

Acumen has invested in Wami Agro, a Ghanaian agritech start

Wami Agro helps smallholder farmers increase their incomes through technology-driven solutions.

The company offers three main services:

Wami Market – A fleet of trucks collects produce from farmers and delivers it to warehouses.

The produce is sorted, packed, and transported to buyers. Wami’s “Pukpara” platform improves these operations, ensuring fair prices and market access.

Wami Credit – A digital platform that helps village savings and loan associations (VSLAs) assess credit scores. This improves access to financing for seeds, fertilizers, and equipment.

Wami Info – Training programs that equip farmers with knowledge and climate-resilient farming practices.

Since its launch, Wami Agro has built a network of over 14,000 smallholder farmers.

They mainly grow rice, maize, soya, and sorghum. The company also works with around 50 aggregators and producers, selling more than 5,000 tonnes of grains.

With Acumen’s support, Wami Agro plans to scale operations and expand sourcing to Sierra Leone and Burkina Faso.

The company will also roll out its Pukpara farm management platform.

“This investment will help us expand, improve technology, and drive positive change in agriculture,” said Caleb Edwards, founder of Wami Agro.

Babatunde Usman, an investment manager at Acumen West Africa, praised Wami Agro’s work:

“Their commitment to smallholder farmers aligns with Acumen’s values. We are excited to support their efforts to create sustainable agricultural impact,” he said.

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“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

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Africa Tech Summit Honors 13 Top Innovators Driving Change in Africa

Key Developments

Africa Tech Summit Honors 13 Top Innovators Driving Change in Africa

The inaugural Africa Tech Summit Awards concluded in Nairobi, Kenya, recognizing 13 outstanding entrepreneurs and ventures shaping the technology landscape across Africa.

The event, held on February 12, was a highlight of the annual Africa Tech Summit Nairobi, powered by Raenest.

It aimed to spotlight the most innovative and impactful tech solutions and leaders making significant strides across the continent.

Lauren Adair, director of Africa Tech Summit, emphasized the importance of celebrating the achievements of these businesses and individuals:

“The awards were created to honor tech companies driving growth across various sectors. It was incredible to have so many finalists gathered in one room, showcasing the immense potential of Africa’s tech ecosystem. We extend our gratitude to the independent judging panel and everyone who joined us in acknowledging these trailblazers,” she said.

The awards featured 11 sector categories and two individual recognitions in fintech, agritech, AI, and Web3. The winners included:

  • Agri-tech Award – Mazao AgClimate Limited (Tanzania): Focused on addressing soil degradation caused by synthetic fertilizers and deforestation, MazaoHub provides solutions to restore soil health and ensure long-term food security.

  • AI Award – Cassava Technologies (South Africa): A leader in AI-driven infrastructure, Cassava Technologies enhances digital connectivity, cybersecurity, and cloud services, supporting Africa’s growing digital economy.

  • Climate Tech Award – Sabi (Nigeria): The company’s TRACE platform, powered by blockchain, facilitates traceability, ESG compliance, and carbon tracking for key commodities such as cocoa, lithium, and copper.

  • Cross-Border Payments Award – Flutterwave (Nigeria): The Flutterwave Send App streamlines international remittances, enabling seamless transactions across more than 35 countries, including the UK, US, Canada, and key African markets.

  • Digital Commerce Award – OmniRetail (Nigeria): Tackling Africa’s fragmented retail sector, OmniRetail digitizes supply chains and improves accessibility to essential goods.

  • Ed-tech Award – Ikusasa Technology Solutions (South Africa): Driving inclusive education, Ikusasa’s SMART TVET initiative digitizes vocational training to enhance learning outcomes.

  • Enterprise Award – Smile ID (Nigeria): Addressing Africa’s identity verification challenges, Smile ID offers secure real-time solutions, reducing fraud risks and enhancing digital transactions.

  • FemTech Award – My Pregnancy Journey (South Africa): A pioneering digital maternal health app tailored to African users, offering pregnancy tracking, expert consultations, and postnatal support.

  • Fintech Award – HUB2 (Mauritius): HUB2 simplifies financial transactions in Francophone Africa by integrating mobile money, bank transfers, card payments, and cryptocurrency into a unified API.

  • Health-tech Award – Zuri Health (Kenya): Delivering accessible healthcare through virtual consultations, AI diagnostics, pharmacy deliveries, and chronic care management across multiple digital platforms.

  • Web3 Award – MiniPay (Nigeria): Integrated into Opera Mini, MiniPay facilitates low-cost blockchain transactions using USD Coin (USDC), Tether (USDT), and Celo Dollar (cUSD), promoting financial inclusion in emerging markets.

Recognizing Individual Excellence

Apart from industry innovations, the awards also acknowledged two outstanding individuals driving transformative change in Africa’s tech space:

  • Female Tech Innovator – Chinwe Udo-Davis (Nigeria): As the co-founder and CEO of Instollar, a green energy marketplace, Chinwe is bridging the gap in access to clean energy across rural and underserved regions. Through InstallHer, she also trains women in solar installation, fostering employment in the green economy.

  • Young Tech Innovator – Maxwell Opondo (Kenya): The creator of Zerobionic, a robotic arm that interprets sign language, enhancing communication accessibility for students with hearing impairments.

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