Thursday, April 15, 2021
TechMoran
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds
No Result
View All Result
TechMoran
">
Home Funding

Zambian agritech, Good Nature Agro raised US$ 2.1-million Series A funding

Charity Mbaka by Charity Mbaka
7 months ago
in Funding, Tech
6 min read
0

Zambian agritech, Good Nature Agro (GNA), has raised a US$ 2.1 million Series A round from Goodwell Investments and existing seed investors Global Partnerships and FINCA Ventures.

GNA co-founder and CEO, Carl Jensen, explained that funds will propel the startup further towards its main goal of serving small-scale farmers by upscaling their current business model.

“We believe that every farm – regardless of size – deserves a partner who sees enough value in their capacity and their dreams to engage with them as individuals and families. Our focus on personalised advice and service delivery to farmers even as we scale is the key to our social impact and our momentum.

Sunday, Kellan, and I are incredibly proud of what the GNA team has accomplished since 2014, but the best is yet to come. With this investment, we are entering a new phase of rapid growth driven by global value chains and superior service to our suppliers and customers.”

The funds will be channelled towards accelerating GNA’s focus on building up essential value-add processing infrastructure in both central and eastern Zambia.

Additionally, Adobe will use the funds to grow its full-farm extension services for smallholders, connect participating farmers to large-scale agribusinesses and food processors and to progress its seed breeding program.

Investment Associate of FINCA Ventures, Melissa Tickle, explains that the agritech startup is providing an innovative service that is directly benefiting the local community. 

Related posts

Beg bounty hunting – why do people do it, and how?

April 15, 2021
0

Tesla CEO Reacts To A Shared Image Of Himself That Shows What He Used To Do Back In The Day

April 15, 2021
0

Scale is a new digital platform connecting SMEs to tender opportunities in Kenya

April 14, 2021
0

Ideas for Making Money Online

April 14, 2021
0

Startupbootcamp AfriTech Accelerator Opens for Applications from Africa’s Most Disruptive Startups

April 14, 2021
0

MEST, Mastercard admits 14 startups for the 2021 MEST Express accelerator

April 13, 2021
0

“Good Nature Agro is creating a new model for seeds sales in the African market by cultivating new product demand and disrupting the predominant system of agricultural activities, which are modelled on the maize value chain.

READ  DEMO Africa 2015 Opens for Applications | Seeking Just 30 Awesome Startups

Further, the GNA team has proven they can triple farmer incomes in 24-months, bringing their growers into the middle class and helping them to achieve their financial goals through providing predictable and well-documented cash flows.”

GNA is a a legume seed company that works to empower small-scale farmers in Zambia. Being a social enterprise, its main focus is to empower small-scale farmers by providing a platform through which they are able to sell their fresh produce, and subsequently earn more.

Using its innovative sales and production model titled, Source, Good Nature Agro aims to support 15 000 small-scale farmers with its service, customised input packages, financial planning, guaranteed offtake contracts, and more. 

Readers 830

Share

  • Click to share on Telegram (Opens in new window)
  • More
  • Click to share on Tumblr (Opens in new window)
  • Click to print (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)
  • Click to share on Reddit (Opens in new window)
  • Click to share on Pocket (Opens in new window)

Like this:

Like Loading...

Related

Tags: FINCA VenturesGlobal PartnershipsGNAGood Nature AgroGoodwell InvestmentsSeries AZambia
Charity Mbaka

Charity Mbaka

Related Posts

Tech

Beg bounty hunting – why do people do it, and how?

April 15, 2021
0
Tech

Tesla CEO Reacts To A Shared Image Of Himself That Shows What He Used To Do Back In The Day

April 15, 2021
0
Startups

Scale is a new digital platform connecting SMEs to tender opportunities in Kenya

April 14, 2021
0
Tech

Ideas for Making Money Online

April 14, 2021
0
Startups

Startupbootcamp AfriTech Accelerator Opens for Applications from Africa’s Most Disruptive Startups

April 14, 2021
0
Tech

MEST, Mastercard admits 14 startups for the 2021 MEST Express accelerator

April 13, 2021
0
ol pejeta
Tech

Ol Pejeta Conservancy Will Now Be Using Virtual Tourism To Attract Visitors Globally

April 13, 2021
0
Wondershare Video Repair Tool Renamed Wondershare Repairit After Major Update
Hacks & Facts

Best Video Repair Tool Wondershare Repairit

April 12, 2021
0
Tech

Strathmore University partners Ukrainian firm to train blockchain developers

April 12, 2021
0

ADVERTISEMENT

Join our Mailing List

Loading

Recent Posts

Beg bounty hunting – why do people do it, and how?

April 15, 2021

Solar firm REDAVIA closes over $898,000 in debt financing from Trine for expansion

April 15, 2021

Instagram Has Launched A New Test That Will Enable IG Users To Choose Whether They Post Like Counts Or Not

April 15, 2021

The Best Laser Engraver for Wood Enthusiasts

April 15, 2021

Tesla CEO Reacts To A Shared Image Of Himself That Shows What He Used To Do Back In The Day

April 15, 2021
">
">

Follow Us

">

There are many sites out there focused on blowing off some steam, from funny entertainment to thrilling experiences like playing online, in some cases online gaming could grant you the chance to win extra money. We came across rocketpot.io while browsing for a good btc casino online and it left us a very good impression with their wide variety of games and crypto offering.

Privacy & Cookies: This site uses cookies. By continuing to use this website, you agree to their use.
To find out more, including how to control cookies, see here: Cookie Policy

© 2019 Moran Media Group - All rights reserved TechMoran.

No Result
View All Result
  • Startups
  • Reviews
  • Insider
    • Obituaries
  • Business
  • Women
  • Blockchain
  • Columnists
  • Hacks & Facts
    • How To
  • Editions
    • US Edition
    • India Edition
    • MENA Edition
    • Asia Edition
    • Europe Edition
    • International Edition
  • Classifieds

© 2019 Moran Media Group - All rights reserved TechMoran.

Login to your account below

Forgotten Password? Sign Up

Fill the forms bellow to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
%d bloggers like this: