Accra, Ghana — June 25, 2024 — Wami Agro, an innovative AgriTech company based in Ghana, has successfully secured an investment from Mirepa Investment Advisors (MIA) through Deal Source Africa’s quarterly deal room introductions. This strategic investment marks a significant milestone for Wami Agro as it positions itself to expand its operations and impact within the agricultural sector.
Wami Agro specializes in delivering tech-enabled solutions aimed at ensuring sustainable sourcing, enhancing farmers’ quality of life, and promoting environmental stewardship. The company has established itself as a leader in the agricultural sector by providing crucial support to smallholder farmers across Ghana, facilitating access to finance, market opportunities, and agricultural inputs.
The investment from Mirepa Capital SME Fund I (MCSFI) will empower Wami Agro to scale its operations further, with a particular focus on expanding its reach and technological capabilities. This funding will enable Wami Agro to continue its mission of driving positive change within the food and agricultural industry, both locally and internationally.
Program Manager of Deal Source Africa, Justina Mensah has said, “Deal Source Africa is excited to be part of Wami Agro’s fundraising journey. We are committed to supporting other high-growth businesses from Africa to secure funding to scale their business.”
Enyonam Kakane, representing Mirepa Investment Advisors, highlighted the significance of this investment: “We are excited to partner with Wami Agro, a company that not only demonstrates strong leadership in AgriTech innovation but also brings substantial socio-economic benefits to the communities it serves. This investment aligns with our commitment to supporting impactful businesses in Ghana, especially in sectors critical to sustainable development.”
Caleb Edwards, Managing Director of Wami Agro, expressed enthusiasm about the partnership: “The investment from Mirepa Investment Advisors will propel us toward our goal of revolutionizing food production and supply in Africa. We are grateful for this opportunity to expand our initiatives, enhance our technological capabilities, and ultimately contribute to the economic empowerment of smallholder farmers.”
Deal Source Africa facilitated this successful collaboration, underscoring its commitment to connecting high-growth businesses from Africa with strategic investors. The program includes quarterly deal rooms, curated investor-business meetings, a digital platform, and impact fund showcases aimed at fostering sustainable economic growth across the continent.
About Deal Source Africa
The Deal Source Africa is a comprehensive program that connects high-growth businesses from Africa to investors and transaction advisors and also connects investors with limited partners. The program includes; quarterly deal rooms, impact Fund Showcases, and a digital platform https://dealsourceafrica.co/.
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. The Mirepa Capital SME Fund I (MCSFI) focuses on providing patient capital to early-stage businesses and SMEs in Ghana, with a focus on Technology, Light Manufacturing, and CleanTech sectors.
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.