Injaro Investments to Back Ghana-based Agricare (Sub-Saharan Africa)
Source: Injaro Investments
West Africa-focused impact-oriented fund manager Injaro Investments, through its impact investment fund Injaro Agricultural Capital Holdings (IACHL), has signed an agreement to invest in Ghana-based animal feed producer Agricare. The investment will be structured through IACHL’s Ghanaian subsidiary Injaro Agricultural Venture Capital. Agricare will use the new investment to increase plant utilization, develop a local supply chain and expand its reach across West Africa. Financial details of the transaction were not disclosed.