Deal Summary
Oyster Agribusiness, a Ghanaian company engaged in the production, processing, distribution, and retailing of sorghum, maize, rice, beef, chicken, pork, and dairy products from farms to finished retail products, has raised $2 million from impact investors Root Capital, RDF Ghana, and Sahel Capital. This funding will support Oyster’s efforts to scale its operations and enhance regional food security by training subsistence farmers in climate-smart practices and connecting Ghanaian farmers with reliable buyers. All investors are members of the Aspen Network of Development Entrepreneurs (ANDE), a global network of investment funds, capacity development providers, research and academic institutions, development finance institutions, foundations and corporations supporting entrepreneurship in developing economies.
Terms
- Fund Managers: Root Capital, RDF Ghana, and Sahel Capital
- Funds: Root Capital Fund (Root Capital), Social Enterprise Fund for Agriculture in Africa (Sahel Capital), RDF Ghana
- Deal Type: Debt Financing
- Target: Oyster Agribusiness
- Investment Amount: $2 million
Deal Rationale
This investment builds on Root
