Mirepa Investment Advisors closes an investment with Wami Agro Limited
Mirepa Investment Advisors (MIA) is glad to announce an investment in Wami Agro Limited; an AgriTech company based in Ghana that delivers tech-enabled solutions to secure sustainable sourcing, improve farmer’s quality of life and protect the environment.
Wami Agro prides itself as a leading innovator in the agricultural sector, dedicated to enhancing sustainable farming practices and empowering farmers. Their innovative model widens access to finance and guarantees market access while being complemented by a programme of capacity building – including the provision of information, education, and farm input prescription to farmers to improve yields.
The Mirepa Capital SME Fund I (MCSFI) investment will allow the company to scale its operations while providing impact within its value chain. The total number of smallholder farmers supported is an impressive 12K annually.
Enyonam Kakane of Mirepa Investment Advisors, commented that the investment in Wami Agro delivers multiple social and economic value to both the investee and our investors: This investment comes at a time when agricultural value chains are in dire need of investments which they are not obtaining from the normal channels. The export opportunities that Wami Agro presents also means that this company will contribute to stabilizing the cedi with inflows of foreign currency. The Wami team has demonstrated great stewardship in the past and we look forward to exciting results from this investment.
Caleb Edwards, MD of WamiAgro added: “This strategic investment from Mirepa Investment Advisors will enable us to expand our reach, enhance our technological capabilities, and continue to drive positive change in the food and agricultural industry in Ghana and beyond. We are excited about the opportunities this partnership brings and remain steadfast in our mission to make wholesome food ingredients available, accessible, and affordable.’’
About Mirepa Investment Advisors:
Mirepa Investment Advisors (MIA), is licensed by the Securities and Exchange Commission of Ghana to manage private equity and venture capital funds in Ghana. The Mirepa Capital SME Fund I (MCSFI) is the firm’s impact and missing middle fund that provides patient capital for early-stage businesses and SMEs in Ghana with a keen focus on three sector lenses: Technology, Light Manufacturing and Clean Tech.
About Wami Agro Limited
Wami Agro Limited is an agri-tech company partnering with smallholder farmers to grow, aggregate, and sell diverse agricultural produce on the Ghanaian and international markets. Today, the Company has a network of over 13,000 farmers across five regions in Ghana in the rice, maize, soya and sorghum value chains. The Company intends to be the leading company driving sustainable food production and supply in Africa.
