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Acumen Backs Ugandan Agribusiness Omia to Expand Support for Smallholder Farmers

Acumen has announced a new investment in Omia Agribusiness Development Group, a Northern Uganda-based enterprise working with smallholder farmers, including those in refugee-hosting communities, to improve access to agricultural inputs, training, and markets.

Omia operates in a region that hosts close to one million refugees and displaced people, many of whom rely on small-scale farming but face barriers such as limited access to quality inputs, weak extension services, and unreliable buyers.

The company has built a model that combines the supply of farm inputs with hands-on training and guaranteed market access through structured buy-back arrangements.

This approach aims to reduce risk for farmers while helping them increase yields and earnings.

Today, Omia works with more than 100,000 farmers across Northern Uganda, many of whom live below the global poverty line.

Acumen’s latest funding, structured as an impact-linked convertible note, will be used to strengthen Omia’s working capital and support its growth strategy.

The capital is expected to help the company pursue higher-margin opportunities, expand into additional districts, build stronger relationships with farmer groups, and improve internal systems.

“Omia represents a powerful example of how inclusive business models can unlock both commercial value and meaningful impact,” said Brian Ondeng, investment manager at Acumen East Africa.

“They are skilled at serving displaced and underserved farmers with dignity and practical solutions, proving that even the hardest-to-reach markets can become engines of growth and resilience.”

The investment marks Acumen’s third deal in East Africa under its Forcibly Displaced People Lens Investing programme, which focuses on directing capital toward businesses that create economic opportunities for displaced populations and their host communities.

The initiative receives support from the Conrad N. Hilton Foundation and the Swiss Agency for Development and Cooperation.

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