The funding will further enhance and expand the company’s innovative agri-tech solutions, enabling increased productivity and sustainability within the agricultural sector.
The investment was in the form of grant and debt funding.
Founded in 2018, Oyster Agribusiness is on a mission to empower farmers through cutting-edge technology.
The startup has developed a range of digital tools and services that address critical challenges faced by farmers, including access to real-time weather data, crop monitoring, pest prediction, and market insights.
These solutions aim to improve crop yields, reduce losses, and ultimately increase farmers’ income.
The new investment will enable Oyster Agribusiness to accelerate its product development, expand its market reach, and further invest in research and development to refine its solutions continually.
The startup also aims to establish strategic partnerships with local agricultural organizations, cooperatives, and government agencies to foster knowledge exchange and collaborative initiatives.
As Oyster Agribusiness embarks on this exciting phase of growth, it holds the promise of transforming how farmers approach agriculture in Ghana, potentially serving as a model for innovation in agri-tech across the continent.
“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.
Injaro Investment Advisors, a Ghanaian private capital fund manager, has announced a $2 million equity investment in Zeepay Ghana Limited, a wholly Ghanaian-owned global mobile finance service (MFS) provider.
The funding round attracted participation from Norrsken Accelerator, Acquired Wisdom Fund (AWF), Hustle Fund, Voltron Capital, Microtraction, Ajim Capital, HoaQ, Bold Angel Fund, Shivdasani Family and other angel investors.
Zeepay, a leading Ghanaian remittance and mobile money provider, announced today the closing of a $3 million equity investment from Verdant Capital Hybrid Fund. This marks Verdant Capital’s fourth investment in just over two years.
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