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COOKO, an innovative AgTech startup based in Cameroon, has raised $872,000 in pre-seed funding to revolutionize the country’s cocoa value chain.
The funding round, led by a US family office, will see COOKO bring about significant advancements and sustainability in Cameroon’s cocoa industry.
COOKO aims to address critical challenges cocoa farmers face in Cameroon, including low productivity, supply chain inefficiencies, and climate change’s adverse impact.
With this recent investment, the startup plans to deploy cutting-edge technologies and implement sustainable practices to transform how cocoa is grown, harvested, processed, and marketed. COOKO’s innovative approach involves leveraging technology, data analytics, and precision farming techniques to optimize cocoa cultivation. The startup plans to provide farmers with access to crucial data and insights that can enhance crop management, improve yield, and mitigate the effects of climate change.
Additionally, COOKO plans to establish a digital platform that connects cocoa farmers directly with buyers, eliminating intermediaries and ensuring fair prices for their produce.

Aruwa Capital Management, a female-founded and led investment firm based in Lagos, has secured 90% of its $40 million goal for its second fund, Aruwa Capital Fund II.

Early-stage VC firm Launch Africa Ventures has invested a total of US$4.3 million in 16 startups in Africa as part of its second fund.

The 16th African Food Systems Forum (AFSF) ended with a series of significant investment pledges aimed at transforming Africa’s agricultural landscape.