Complete Farmer Raises $2.5M from EU’s AgriFI to Expand in Ghana
TLDR
- Ghanaian agritech startup Complete Farmer has secured $2.5 million from the EU-funded AgriFI facility to support its infrastructure expansion in northern Ghana
- The funding, managed by EDFI Management Company, will finance the construction of six fulfillment centers across five northern regions
- The latest investment follows a $10.4 million pre-Series A round raised in September 2023
Ghanaian agritech startup Complete Farmer has secured $2.5 million from the EU-funded AgriFI facility to support its infrastructure expansion in northern Ghana. The funding, managed by EDFI Management Company, will finance the construction of six fulfillment centers across five northern regions, focused on aggregation, quality control, and logistics for smallholder farmers.
Founded in 2017, Complete Farmer operates a digital agricultural marketplace with two core offerings: CF Grower, which helps African farmers improve productivity and access international markets; and CF Buyer, which supplies global commodity buyers with crops grown to meet their specific standards.
The latest investment follows a $10.4 million pre-Series A round raised in September 2023. The AgriFI-backed expansion aims to connect more than 5,000 farmers to better infrastructure and markets, aligning with EU development goals around inclusive rural growth and value chain strengthening.
CEO Desmond Koney said the partnership would support the company’s goal of building a resilient agricultural sector powered by technology.
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Key Takeaways
Complete Farmer’s AgriFI-backed expansion illustrates a growing shift toward blended finance and infrastructure-focused agritech in Africa. While many digital agriculture startups focus purely on mobile apps or digital tools, Complete Farmer is combining software with physical infrastructure – a model increasingly supported by development finance institutions. Fulfillment centers bridge critical logistics and quality gaps for African farmers, enabling them to meet international standards and access premium markets. The focus on northern Ghana – a region often underserved by market infrastructure – aligns with broader EU goals to address rural inequality and unlock agricultural value chains. This approach could be a blueprint for future agri-platforms seeking to integrate farmers more deeply into global commerce. It also shows that, beyond venture capital, development-linked investment can play a key role in scaling inclusive agritech platforms that serve both smallholders and commercial buyers.
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