By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Starr FmStarr FmStarr Fm
  • Home
  • Election Hub
  • General
    GeneralShow More
    GIS prosecutes 13 suspects of human trafficking, 21 victims rescued – Interior Minister
    July 14, 2025
    Ablekuma North Rerun Violence: Perpetrators will face justice – Muntaka
    July 14, 2025
    New Juaben South: PWDs appeal for inclusion in 24-Hour Economy policy
    July 14, 2025
    Prison service to produce 20 sanitary pads, 30% school furniture, 30% uniforms – Muntaka
    July 14, 2025
    ENI boosts Ghana’s gas supply to 270 MMscfd after major upgrade
    July 14, 2025
  • Business
    BusinessShow More
    FDA urges MSMEs to prioritise compliance for export and growth
    July 13, 2025
    UK Eases Trade Rules for Africa to Boost Exports and Economic Growth
    July 13, 2025
    Mayekoo doubles donations to African causes with new matching fund campaign 
    July 10, 2025
    Government inaugurates new NIB board, announces plan to recapitalise bank
    July 9, 2025
    Ghana’s gold now powers cedi stability – President Mahama
    July 8, 2025
  • Politics
    PoliticsShow More
    Ablekuma North Rerun: CODEO condemns violence, vote-buying and calls for probe
    July 14, 2025
    CDD-Ghana slams EC and Police over Ablekuma North rerun violence
    July 14, 2025
    NDC Vice Chairman describes allegation of extorting from miners as baseless and malicious
    July 14, 2025
    Yamin, Abanga refute allegations of backing illegal Anti-Galamsey Taskforce
    July 14, 2025
    Dr. Apaak applauds TEIN-UCC for their efforts in NDC electoral victory
    July 13, 2025
  • Entertainment
    EntertainmentShow More
    Filmmaker who threatened to kill police officers remanded
    July 14, 2025
    Afro Nation 2025: The global meeting point of love, expression, and African culture
    July 13, 2025
    GTDC CEO slams former leaders over mismanagement and lack of innovation
    July 12, 2025
    Sim Majorley: Korea, Ghana to share cultures through stage production
    July 11, 2025
    I took a pause to gather strength- Kwesi Slay
    July 8, 2025
  • Sports
    SportsShow More
    Global Citizen, FIFA unite global audiences through Music and Action with Inaugural FIFA Club World Cup™ Final Halftime Show
    July 14, 2025
    Tottenham secure Mohammed Kudus in high-profile transfer deal
    July 10, 2025
    Ghana, Nigeria share spoils in thrilling opener of 2025 WAFU U20 Boys Cup
    July 10, 2025
    Otumfuo rallies mining sector to support revamp of Ashanti sports facilities
    July 10, 2025
    Liverpool’s Ambitious Summer: Chairman Predicts Big Moves as Champions Build a Stronger Squad
    July 10, 2025
  • Technology
    TechnologyShow More
    Samsung Galaxy Z Flip7: A pocket-sized AI powerhouse with a new edge-to-edge flexwindow
    July 10, 2025
    Real Quantum Dot Technology in Samsung QLED TVs
    June 29, 2025
    GCAA and South Korea sign deal to advance Ghana’s Drone sector
    June 25, 2025
    Onafriq, PAPSS partner to launch cross-border payment services in Ghana 
    June 20, 2025
    Yellow Card, Visa partner to accelerate stablecoin adoption across emerging economies
    June 19, 2025
  • International
    InternationalShow More
    47th AU Forum: Ablakwa criticizes $1.2m AfCFTA allocation as ‘highly insufficient’
    July 10, 2025
    Minority demands audit over $1.2m passport relaunch cost and delays
    July 9, 2025
    Minority demands compensation for citizens stranded by US embassy closure
    July 9, 2025
    Foreign Minister Okudzeto Ablakwa and Chinese Ambassador Tong Defa sign $30 million grant agreement for Aflao market
    Ghana secures $30 million Chinese grant for Aflao market project
    July 9, 2025
    The end of USAID is not catastrophic for Africa – Dr. Brian Reuben
    July 8, 2025
  • Factometer
Search
© 2024 EIB Network Ltd. All Rights Reserved.
Reading: Agricultural sector: Oyster Agribusiness secures US$2m in funding to expand operations
Share
Notification Show More
Font ResizerAa
Starr FmStarr Fm
Font ResizerAa
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Search
  • Headlines
  • Election Hub
  • General
  • Politics
  • Sports
  • Business
  • Entertainment
  • Factometer
Have an existing account? Sign In
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
BusinessEditors Pick

Agricultural sector: Oyster Agribusiness secures US$2m in funding to expand operations

Isaac Dzidzoamenu By Isaac Dzidzoamenu Published October 29, 2024
Share
SHARE

Oyster Agribusiness, an innovative agri-tech company specializing in climate-smart agriculture, has raised US$2 million in funding to expand its operations and deepen its impact on smallholder farmers across Ghana. This milestone was made possible through the support of Root Capital, RDF Ghana, and Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), with the fundraising process led by Pangea Africa Limited, a leading Business Development Service provider.

Over the last five years, Oyster Agribusiness has played a pivotal role in transforming the livelihoods of smallholder farmers and promoting sustainable agricultural practices. The company has:

  • Paid over GH¢60 million (US$3.8million) to smallholder farmers
  • Positively impacted the lives of 4,500 smallholder farmers
  • Cultivated over 20,000 acres of farmland
  • Supplied over 25,000 tons of agricultural produce to markets locally and internationally

This fresh capital injection will allow Oyster Agribusiness to expand its operations, reach more farmers, and scale its climate-smart agricultural initiatives, further strengthening the resilience of Ghana’s agricultural sector in the face of climate challenges.

CEO, Edmond Kombat, shared his enthusiasm about the investment and the future of the company: “We are thrilled to have the support of Root Capital, RDF Ghana, Sahel Capital, and Pangea Africa Limited, whose expertise and backing will help us to accelerate our vision. This investment is a testament to the impact we’ve made with smallholder farmers and the tremendous potential we see in scaling our operations. Together, we are working toward a more sustainable, inclusive, and resilient agricultural ecosystem in Ghana.”

Pangea Africa Limited played a crucial role in structuring and guiding the fundraising process, ensuring that Oyster Agribusiness attracted the right partners to scale its operations while maintaining its focus on environmental sustainability and empowering smallholder farmers.

“Oyster is a prime example of a growing African agribusiness generating triple bottom-line impact. Under the dynamic leadership of Mr. Edmond Kombat,  Oyster is achieving impressive profits while delivering measurable social and environmental benefits, particularly for Ghanaian farmers. They serve as a shining example of leadership to their West African agribusiness counterparts,” Nii Lokko – Partner, Pangea Africa Ltd.

About Oyster Agribusiness

Oyster Agribusiness is a climate-smart agricultural company dedicated to supporting smallholder farmers through technology and sustainable farming solutions. By working closely with farmers, the company aims to improve productivity, foster economic growth, and contribute to food security in Ghana.

About Pangea Africa Limited

Pangea Africa Ventures is a business development service provider that supports startups and growth-stage businesses across Africa. With a focus on innovation, sustainability, and impact, Pangea helps companies scale their operations, access new markets, and raise capital.

For media inquiries, please contact: info@oysteragribusinessgh.com

You Might Also Like

FDA urges MSMEs to prioritise compliance for export and growth

UK Eases Trade Rules for Africa to Boost Exports and Economic Growth

Young leaders must do better with state institutions – Prof. Kobby Mensah cautions

Mayekoo doubles donations to African causes with new matching fund campaign 

Government inaugurates new NIB board, announces plan to recapitalise bank

TAGGED:agricultural sectorfundingoperationsOyster Agribusiness
Share This Article
Facebook Twitter Email Print
Share
Previous Article G7 Security Systems holds Annual Staff Durbar, honours hardworking employees
Next Article Stop politicizing Bawku crisis – Asamoah Boateng

Starr 103.5FM

Starr FmStarr Fm
Follow US
© 2024 EIB Network Ltd. All Rights Reserved.
newsletter icon
Join Us!

Subscribe to our newsletter and never miss our latest in news, podcasts etc..

[mc4wp_form]
Zero spam, Unsubscribe at any time.
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?