Wangara Green Ventures, a climate-focused impact investment firm, has invested in the operations of Sommalife Limited, an innovative social enterprise based in Wa in the Upper West Region.The business partnership will enable Sommalife to expand its operations, support more rural farmers, and increase its community impact.'We are excited about this partnership with Sommalife Limited. Their commitment to economic empowerment, environmental stewardship, and community development aligns well with our mission at Wangara Green Ventures.'This investment represents a significant step towards fostering sustainable economic growth and achieving multiple SDGs in rural Ghana', Mr Ebenezer Arthur, CEO, Wangara Green Ventures said in a statement copied to Ghana News Agency.Mr Mawuse Christina Gyisun, Co-founder of Sommalife Limited, described the collaboration as 'a significant step' in the company's mission to 'drive positive change and improve the livelihoods of smallholder farmers in West Africa, with special fo cus on women farmers'.Sommalife Limited has established itself as a leader in merging technology, productivity, and environmental sustainability.The Company aims to sustain income and enhance climate resilience for smallholder farmers, digitising and resourcing them to produce quality shea nuts and other agro commodities in large volumes for both international and local markets.In addition to empowering its fast-growing network of farmers, especially women, to become 'successful entrepreneurs, it provides financial inclusion, reliable market access and land restoration services'.Wangara Green Ventures is a climate-focused impact investment firm dedicated to supporting Small and Growing Businesses (SGBs) in Ghana.With investment amounts ranging from USD 50,000 to USD 500,000, it targets green businesses that drive social and environmental impact, providing pre-investment and post-investment and Technical Assistance Grants.Source: Ghana News Agency
Related Articles
Seven Questions to Understand the Law on Lawful Cannabis Uses
Rabat – Law 13-21 on the lawful uses of cannabis aims to provide Morocco with a legal framework for developing medical, cosmetic, and industrial cannabis sectors, in line with the Kingdom’s international commitments. Here are seven questions to bette…
National plan on soya will streamline the sector – Soya Association
Mr Yaw Afrifa, Executive Secretary, Soya Value Chain Association of Ghana (SVCAG), says the establishment of a National Development Plan for Soya will streamline, guide, and regulate the sector to maximise its benefits.
The plan is expected to set u…
Passage of Ghana Shippers’ Authority Bill to help streamline operations
Parliament’s passage of the Ghana Shippers’ Authority Bill, 2024, will go a long way to help streamline operations in the shipping industry.
Mr Emmanuel kofi Arku, the Director of Business Development and Commercial Service, Ghana Shippers Authority …
