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    HomeEcosystem NewsLatest FundingGhana’s Warc Africa Secures $7.5 Million to Boost Agricultural Impact

    Ghana’s Warc Africa Secures $7.5 Million to Boost Agricultural Impact

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    Ghana-based agricultural service provider, Warc Africa, has closed its Series B round, amassing $7.5 million to expand its reach and bolster its mission to empower farmers. Led by the Swiss family office Kielder Agro and supported by US-based catalytic investor Rippleworks, this investment signifies a significant step forward for the company founded by Argentinian entrepreneur Emiliano Mroue in 2011.

    Warc Africa’s core objective is to enhance the livelihoods of Ghanaian farmers by providing them with a comprehensive suite of services aimed at increasing yields, incomes, and soil health. Leveraging a network of trading hubs within local communities, the company offers regenerative farming input packages, training, mechanized services, and access to transparent markets.

    A key initiative spearheaded by Warc Africa is the Trade Hub project, which focuses on modernizing agricultural systems in Ghana’s Upper West Region. By introducing mechanization and facilitating the transition from subsistence to commercial farming, the project aims to break the cycle of poverty prevalent among many rural farmers.

    Since its inception, Warc Africa has made significant strides in its mission, engaging with 76 communities in the Upper West Region and reaching over 9,600 farmers. Through the implementation of mechanization services and climate-smart practices on 3,845 hectares of farmland, the company has facilitated more than $5.3 million in maize and soybean sales.

    Moreover, Warc Africa has been instrumental in creating employment opportunities, particularly for women in rural areas. By employing women to manage Trading Hubs, the company not only generates income for these individuals but also fosters economic empowerment within the communities it serves.

    The success of Warc Africa has not gone unnoticed, as evidenced by its recent partnerships with leading US-based multinationals such as Corteva, John Deere, and Valmont, as well as prominent universities like the University of Illinois and Texas A&M. These collaborations, facilitated through the Trade Hub initiative, demonstrate a shared commitment to advancing rural development and market accessibility.

    By leveraging these partnerships, Warc Africa has not only mitigated project risks but also accelerated its impact, enabling it to reach more farmers and create sustainable change within Ghana’s agricultural sector. The latest infusion of capital will further bolster Warc Africa’s efforts, allowing it to scale its operations and extend its reach to serve over 100,000 farmers, ultimately contributing to the economic prosperity of rural communities in Ghana.

    Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard.

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