The two agritech firms will receive a combined $850,000 as part of Village Capital’s Reducing Inequalities Investment Facility, funded by FMO’s MASSIF Fund.

Aquarech is addressing challenges faced by fish farmers by offering a buy-now-pay-later (BNPL) solution for fish feed.

The startup also provides training and agricultural tools to enhance farming practices and boost incomes.

Coamona, founded in 2018, is digitizing farmer management processes.

Its marketplace platform, Amana Market, connects farmers and traders and offers services such as product sales, loans, and real-time market information.

The startup aims to improve farmers’ incomes by enabling data-driven decisions on when and where to sell their produce.

“We are excited to support Coamana in building a robust digital infrastructure for agricultural trade across Africa,” said Kavon Badie, Investment Officer at Village Capital.

These investments highlight the growing trend of tech-driven solutions addressing agricultural challenges in Africa.

These startups are contributing to the continent’s agricultural development by bridging the gap between farmers, consumers, and businesses.