Oyster Agribusiness, a vertically integrated agritech company, has secured $2 million to expand its operations and deepen its impact on smallholder farmers. The fresh capital will enable the company to support more farmers, enhance productivity, and scale its climate-smart agricultural initiatives.
The funding round which was facilitated by Pangea Africa saw participation from prominent investors, including Root Capital, RDF Ghana, and Sahel Capital Social Enterprise Fund for Agriculture in Africa.
Founded in 2018, Oyster Agribusiness is a vertically integrated company that produces, processes, distributes, and retails agricultural products.
Under the leadership of Edmund Kombat, Oyster Agribusiness has achieved significant milestones over the past five years. The company has paid over GH¢60 million (approximately $3.8 million) to smallholder farmers, impacted the lives of 4,500 farmers, cultivated more than 20,000 acres of farmland, and supplied over 25,000 tons of agricultural produce to both local and international markets.
