Zambian tech-enabled agricultural startup Good Nature Agro announced it has raised $2.1 million in a Series A funding to support nearly 15,000 farmers across the country. The operation was led by Dutch firm Goodwell Investments with the participation of Global Partnerships and FINCA Ventures.
Good Nature Agro's support will take the form of loans, provision of inputs, technical assistance, and networking of processing companies and investors interested in crops. The company led by Carl Jensen hopes to enter a new phase in its development cycle.
“We are excited that our investment will support the next phase of the company’s growth, and we look forward to working with the team on this journey,” said Mercy Zulu, Investment Associate of Goodwell Investments.
Agriculture represents about 7% of Zambia’s GDP and is the major source of income for people living in rural areas.
Chamberline Moko
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
This week, Africa is facing a mixed health situation. Namibia has declared an end to its mpox outbre...
Namibia and Russia agreed to expand cooperation across energy, mining, and agriculture. Both coun...
Maluku SEZ to receive river dock to boost logistics Saphir Ceramics funds dock to improve exports via river Facility supports growing industrial...
UNCDF, Co-op Bank Kenya sign guarantee to boost digital lending Risk-sharing aims expand financing access for startups, platforms Deal supports...
Nigeria considers increasing 75 MW electricity exports to Togo Talks focus on meeting rising demand and recent supply disruptions Expansion depends on...
Ghana to submit UN resolution on slave trade March 25 Draft seeks recognition as gravest crime against humanity Backed by AU, CARICOM; aims support...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...