The Empower Africa Business Platform is Now Live !!!
One Acre Fund, a social enterprise empowering smallholder farmers in East Africa, has secured a $1.4 million investment from Impact Bridge Asset Management.
The Spanish investment firm is dedicated to funding businesses that create positive social and environmental impact in developing nations.
Founded in Kenya in 2006, One Acre Fund has been instrumental in improving the lives of millions of farmers by providing access to quality agricultural inputs, training, and financial services.
The organization’s focus on climate-smart farming and reforestation initiatives has contributed significantly to building resilient communities.
The fresh capital injection will bolster One Acre Fund’s efforts to expand its reach and deepen its impact.
The organization aims to serve 10 million farmers across nine African countries by 2030, a goal that aligns with its mission to reduce poverty and enhance food security in the region.
Impact Bridge Asset Management’s investment underscores the growing interest in sustainable and socially responsible investments.
The firm’s commitment to supporting businesses like One Acre Fund highlights the potential for positive change in developing countries.
“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.

The British International Investment (BII), the African Development Bank (AfDB), and the European Bank for Reconstruction and Development (EBRD)—have pledged a combined $479.1 million to Obelisk Solar Power, a project vehicle owned by renewable energy company Scatec.

The British International Investment (BII) has announced an additional $4 million investment in SunCulture, a Kenya-based company specializing in solar energy solutions and irrigation equipment.

Incofin Investment Management, through the Nutritious Food Financing Facility (N3F) and in partnership with the Global Alliance for Improved Nutrition (GAIN), has invested in three food companies in East Africa: Soy Afric in Kenya, and Mkuza Chicks and Rainbow Haulage in Tanzania, to boost nutrition and food security in the region.