Oyster Agribusiness, a climate-smart agri-tech company, has secured $2 million in funding to expand operations and support smallholder farmers in Ghana. The funding, led by Pangea Africa Limited and backed by Root Capital, RDF Ghana, and SEFAA Fund, aims to boost Oyster’s sustainable farming initiatives and broaden its impact on local agriculture.
Over five years, Oyster has transformed smallholder farming by paying over GH¢60 million to farmers, impacting 4,500 individuals, cultivating 20,000 acres, and supplying 25,000 tons of produce to local and global markets. This new capital will allow Oyster to expand further, strengthen climate resilience, and improve agricultural sustainability across Ghana.
CEO Edmond Kombat expressed excitement about the partnership, emphasizing the shared vision for a resilient and inclusive agricultural ecosystem in Ghana. Pangea Africa, instrumental in the fundraising process, praised Oyster as a leader in sustainable agribusiness with social, environmental, and economic impacts.
About Oyster Agribusiness
Oyster Agribusiness supports smallholder farmers in Ghana with technology-driven, sustainable agriculture solutions to enhance productivity and food security.
About Pangea Africa Limited
Pangea Africa Limited assists African startups and growth-stage businesses in scaling operations, accessing markets, and raising capital through a focus on innovation and sustainability.
