A small cap player has provided $0.61 million in debt funding to Oyster Agribusiness, a Ghana-based company operating in the food and agriculture sector, to expand market access for smallholder farmers and enhance operational capacity.
| Deal Aspect | Details |
| Investor | Sahel Capital |
| Investing Fund | Social Enterprise Fund for Agriculture in Africa (SEFAA) |
| Investee Company | Oyster Agribusiness |
| Sector | Food and Agriculture |
| Investee Company Headquarters | Kintampo, Ghana |
| Investment Amount | $0.61 million |
| Deal Type | Debt |
| Deal Structure | Term Loan and Working Capital Loan |
| Core Offering | Oyster Agribusiness provides market access for smallholder farmers to large FMCG companies and export markets. |
| Key Features | – Facilitates direct sales from farmers to FMCG clients |
| – Provides timely input support for productivity | |
| – Offers training on advanced agricultural practices | |
| Additional Benefits | – Helps farmers earn more compared to selling to aggregators |
| – Ensures compliance with global quality standards for produce | |
| – Maintains a transparent farmer database | |
| Quote by Co-founder | “Oyster Agribusiness plays a critical role in providing market access for smallholder farmers in rural Ghana.” – Deji Adebusoye, Partner at Sahel Capital |
| Platform Capabilities | Onboards farmers, provides input support, training, and ensures produce quality for FMCG clients. |
| Partnerships | Works with 4,500 farmers and has secured 14 FMCG clients ready to offtake commodities. |
| Market Need | – Farmers were underpaid due to dependence on aggregators. |
| – Need for quality compliance and traceability in FMCG supply chains. | |
| – Support for smallholder farmers’ livelihoods. | |
| Investor’s View | “Oyster enables FMCG players to trace the origin of their inputs more effectively, ensuring compliance with global standards and improving farmers’ livelihoods.” – Sahel Capital |
| Key People in Investment | – Oyster Agribusiness: Edmond Kombat (CEO) |
| – Sahel Capital: Deji Adebusoye (Partner) | |
| Expansion Plans | Broaden market access for more farmers and ensure fair pricing for their produce. |
| Innovations | Streamlining farmer-to-FMCG connections, traceability for compliance, and transparent supply chain management. |
| Client Base | Currently works with 4,500 farmers and has 14 FMCG clients. |
Courtesy of Deal Book Africa
