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
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Mahindra & Mahindra is considering a CKD assembly plant near Durban to strengthen its presence i...
AFC disbursed €43 million for Côte d’Ivoire solar project Financing supports 66 MW pla...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
MTN Ghana launches crackdown on mobile money agent fraud Audits trigger warnings, suspensions...
Tolaram's ₦2-per-share interim dividend translates to $2M cash — on top of a $410M unrealized gain built across two acquisitions at ₦81.60...
Pilot projects test viability of regulated cannabis economy Authorities target export markets and industrial value chains Sector could generate jobs...
Lomé airport marks 10 years, passenger traffic exceeds forecasts Hub growth driven by ASKY Airlines, strong regional connectivity Rising...
Nigeria approves new police training center with 15 billion naira funding Project aims to modernize training, expand Nigeria Police Academy...
Burkina Faso launches “SORA” university series filming in Ouagadougou 25-episode project explores student life challenges and...
The Virunga Gorilla Marathon is a relatively recent initiative held in the Virunga region, a volcanic mountain range straddling the borders of the...