GBHub Africa has made its first-ever investment in a Ghanaian small and medium-sized enterprise (SME), marking a significant milestone in its Food Systems Transformation Agenda.
The $50,000 seed funding and technical support package is directed towards GreenHeart SE Limited, an agribusiness company pioneering biochar solutions to address land degradation and carbon sequestration.
The initiative forms part of GBHub Africa’s commitment to investing in innovative ventures that enhance agricultural productivity, promote sustainability, and improve livelihoods.
GreenHeart SE specialises in producing biochar-based agricultural products that enhance soil fertility, improve animal health, and increase crop yields.
Through the conversion of organic biomass waste into carbon-negative agricultural inputs, the company is pioneering environmentally friendly solutions that align with global efforts to combat climate change and promote sustainable agriculture.
Speaking on the investment, Caleb Lomo, Chief Executive Officer of GreenHeart SE, highlighted its significance in driving the company’s expansion and impact.
“This support not only strengthens our ability to scale our sustainable innovations but also accelerates our mission to drive climate-smart solutions across industries.
“With this investment, we are poised for greater impact, expansion, and a future where sustainability and profitability go hand in hand,” he said.
Mr Nelson Madiba Amo, Executive Director of GBHub Africa, underscored the alignment between the investment and the organisation’s broader goal of transforming Africa’s food systems.
“We are committed to investing in Africa’s food systems to improve livelihoods. This investment in GreenHeart SE is a step towards achieving that vision.
“We believe that with the right support, GreenHeart SE will experience significant growth, allowing them to scale their reach and impact with local farmers,” he stated.
The investment is expected to drive advancements in the renewable energy sector by encouraging sustainable agricultural practices.
It also sets the stage for future investments aimed at strengthening the agricultural value chain and ensuring long-term food security.
GBHub Africa was established with a $10 million seed fund from GBFoods Africa and focuses on investing in projects and entrepreneurs with transformative solutions to improve access to nutrition and create sustainable impact.
Culled from GNA
