Small logo Subscribe to leading news on impact investing. Learn More
The Brief Originals Dealflow Signals The Impact Alpha Impact Voices Podcasts Agents of Impact Open
What's Next Measure Better Investing in Racial Equity Beyond Aid Beyond Trade-offs Impact en las Americas New Revivalists Women Rising in India Operation Impact
Smarter Money Women Rising 2030 Finance Locavesting Inclusive Economy Regeneration Impact Tech New Power Geographies
Slack Conference Calls Events Contribute
The Archive ImpactSpace The Accelerator Selection Tool Network Map
About Us FAQ Calendar Pricing and Payment Policy Privacy Policy Terms of Service Agreement Contact Us
Industry News Impact Management Good Business Personal Finance Faith and investing Billionaires
Gender Lens Investing Women Rising in India
SDGs Climate Finance Clean Energy Innovative Finance Full Stack Capital Long-termism
Opportunity Zones Investing in place
Entrepreneurship Return on Inclusion Good Jobs Inclusive Fintech Creative economy Housing New Schooled Well Being People on the Move
Conservation Finance Farmer Finance Financing Fish
Blockchain/AI/IoT Urban Tech Food Tech Inclusive Fintech
Human Rights Democracy and Peace News and Information
Africa Asia Europe Latin America Middle East Oceania/Australia China Canada India United Kingdom United States Growth Markets
Subscribe
Features
Series
Themes
Community
Data
Subscribe Log In
More

Moringa backs Ghanan agribusiness company B-BOVID



European impact investment firm Moringa has made its first investment in Ghana with $5 million for agribusiness company B-BOVID.

B-BOVID works with small farmers to teach sustainable farming practices, particularly for palm oil production.

Farming palm fruits, which are harvested and processed into oil for a wide range of consumer products, is a culprit in global deforestation. B-BOVID has provided sustainable farming training to more than 2,000 small farmers. It then sources the farmers’ product and processes it into oil.

Moringa, a €84 million ($96 million) investment fund, makes equity investments of €4 million to €10 million in sustainable agroforestry projects in Latin America and Africa. Its investment in B-BOVID will support the expansion of B-BOVID’s farmer training program, which aims to reach 4,000 farmers and students. The funding will also be used to upgrade B-BOVID’s manufacturing plant and expand production capacity.

Last year, Moringa backed Brazilian farming business Florestra Viva to support its expansion and build new production facilities.  

You might also like...