Wangara Green Ventures, a Ghanaian impact investment firm, announced a significant investment in Sommalife Limited, a social enterprise based in Wa, Ghana. The investment is set to bolster Sommalife’s mission to empower smallholder farmers, particularly women, while promoting sustainable agriculture practices and environmental conservation.
Founded in 2020 by Mawuse Christina Gyisun and JohnCarl Dunyo, Sommalife Limited, known for its innovative approach to merging technology and agricultural practices, focuses on improving the livelihoods of farmers by providing them with digital tools, resources, and market access. The company primarily works with shea nut farmers, assisting them in producing high-quality yields for both domestic and international markets.
This investment from Wangara Green Ventures will enable Sommalife to expand its operations, reaching more farmers in rural communities and increasing its positive impact on the local economy and environment. The funds will be used to enhance Sommalife’s capacity to provide financial support, market access, and environmental conservation initiatives to the farmers it works with.
“We are thrilled to partner with Sommalife Limited,” said Ebenezer Arthur, CEO of Wangara Green Ventures. “Their commitment to economic empowerment, environmental stewardship, and community development aligns perfectly with our mission. This investment is a significant step towards fostering sustainable economic growth and achieving multiple Sustainable Development Goals (SDGs) in rural Ghana.”
Mawuse Christina Gyisun, Co-founder of Sommalife Limited, echoed this sentiment, stating, “This collaboration with Wangara Green Ventures is a testament to our shared vision of creating positive change in the lives of smallholder farmers. We are excited to leverage this investment to further our mission and empower more women farmers in West Africa.”
Sommalife’s focus on women farmers is a key component of its social impact. The company aims to reduce inequalities by providing women with the resources and opportunities they need to become successful entrepreneurs and stewards of the environment.
Wangara Green Ventures, as a climate-focused impact investment firm, specifically targets businesses that drive social and environmental change. Their investments range from $50,000 to $500,000, and they also provide technical assistance to the businesses they support.
This investment marks a promising development for sustainable agriculture and economic empowerment in Ghana. The partnership between Wangara Green Ventures and Sommalife Limited is expected to create a ripple effect, improving livelihoods, promoting environmental sustainability, and contributing to the achievement of the SDGs in the region.
