AgroCenta receives US$250,000 GSMA Ecosystem Accelerator Award.

Accra (Ghana), December 2018. GreenTec Capital is very proud to announce that AgroCenta has been selected as the recipient of a US$250,000 (£200,000) GSMA Ecosystem Accelerator Grant funded by UK DFID, Australian AID, and the GSMA and its members. The company joins 10 other start-ups entering the GSMA’s Ecosystem Accelerator Innovation Fund Portfolio third cohort.

The GSM Association (GSMA) is the global trade organization for mobile network operators and offer grants through the Ecosystem Accelerator Programme’s Innovation Fund. The fund’s mission is to build synergies between start-ups and mobile operators, with the aim to scale innovative and sustainable mobile services in emerging markets. AgroCenta now joins start-up from 23 markets in total representing very diverse ecosystems and collaborations between start-ups and mobile operators. The breadth of sectors represented within the portfolio is also expanding, with start-ups addressing new challenges such as citizen engagement, waste management, or universal medical identity. Collectively, the Innovation Fund’s portfolio addresses solutions to 13 of the United Nations 17 Sustainable Development Goals within the portfolio, the case for leveraging mobile innovation to help solve local problems is being widely demonstrated.

AgroCenta will use the funds to further develop their innovative digital agricultural platform and expand financial inclusions and services to rural smallholder farmers. The company has been very active recently in setting up aggregation centers to further facilitate market access for farmers and increase Ghana’s food security by preventing crop spoilage through secure storage facilities. Congratulations to Francis Obirkorang and Michael Ocansey on this impressive achievement!

Links

Other Posts

Case Study: Simplifying Retail Management with Sumundi’s Keepsales

Frankfurt (Germany) and Accra (Ghana), July 2020. GreenTec Capital is very happy to share the following case study from one of our new investees, Ghana-based Sumundi. Sumundi is an innovative Ghanaian start-up developing innovative e-commerce solutions for large and small African retailers. To illustrate how Sumundi works with retailers, we interviewed a retailer using Sumundi’s…

read more

Coliba and Ecodudu compete in the Clim@ 2020 Pitch Competition

Frankfurt (Germany), June 2020. GreenTec Capital is very proud to report that Ecodudu and Coliba were both included among the finalists of the Clim@2020 Pitch Competition, organized by the Green for Growth Fund (GGG). Clim@ and the GGG are advised by Finance in Motion. Due to the COVID situation the competition was held remotely with…

read more

Case Study: Amitruck and Sanergy       

Frankfurt (Germany) and Nairobi (Kenya), June 2020. To better highlight one of GreenTec’s newest portfolio companies, we are happy to share the following case study on how Amitruck became Sanergy’s  logistics provider in Kenya. Amitruck developed its logistics app and platform with the goal of bringing trust and transparency to the Kenyan logistics sector. Sanergy…

read more