Acumen has invested in Wami Agro, a Ghana-based agritech company dedicated to transforming the agricultural landscape in West Africa. 

“Wami Agro represents the type of innovative, technology-driven enterprise that can fundamentally reshape agricultural ecosystems,” said Babatunde Usman, an investment manager on Acumen’s West Africa team.

“Their commitment to smallholder farmers aligns perfectly with Acumen’s values, and we are excited to support their efforts to create sustainable agricultural impact at scale.”

Wami Agro provides a bundled package of tech-enabled solutions that increase incomes and improve quality of life and climate resilience for smallholder farmers.

Since its inception, Wami Agro has built a network across six regions of Ghana of over 14,000 smallholder farmers — 55% of whom are women — who focus on crops such as rice, maize, soya, and sorghum. The company also collaborates with approximately 50 aggregators and producers and sells over 5,000 tons of grains.

Smallholder farmers in Ghana face significant challenges, including an average 44% lower yield compared to global standards. Through its comprehensive approach, Wami Agro has helped farmers increase yields by an average of 44% and boost incomes by 25-30% per planting season. This is life-changing for families that previously lived on less than $3.65 per day—an income level affecting 77% of Wami Agro’s farmers, far above the national average of 24%.

The Company will utilize Acumen’s investment to scale its operations, expand sourcing to neighboring countries such as Sierra Leone and Burkina Faso, and roll out its proprietary digital farm management platform, Pukpara.

This support will enable the company to improve farmers’ yields and incomes by providing market access, credit facilities, and capacity building. Its target is to impact 100,000 farmers by 2027, helping them secure consistent incomes and improve productivity and climate resilience.

"This strategic investment from Acumen 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,” said Caleb Edwards, Founder of Wami Agro.