One Acre Ventures Invests in Enimiro to Boost Ugandan Agribusiness
One Acre Ventures, the investment arm of One Acre Fund, has injected capital into Enimiro Uganda, a vertically integrated agribusiness that works with over 4,600 smallholder farmers. This strategic investment, backed by advisory support from IDH Invest, represents a significant step forward for Enimiro as it aims to scale its operations and develop climate-smart, export-focused agricultural value chains. The deal highlights the growing interest in supporting sustainable agricultural practices and empowering African farmers.
Expanding Sustainable Agricultural Practices
Enimiro is focused on producing and exporting high-quality organic vanilla, coffee, and dried fruits. The company operates on principles of sustainability, traceability, and fair pricing for farmers. Enimiro has already successfully scaled its vanilla operations with support from the Common Fund for Commodities and the Rabo Foundation. This new investment from One Acre Ventures is earmarked for expanding Enimiro’s coffee operations. “This is more than an investment. It’s the start of a strategic partnership,” said Marcel Neutel, Investment Director at the IDH Farmfit Fund, highlighting the synergistic potential between Enimiro and One Acre Fund, particularly in farmer sourcing, training and support. This partnership seeks to benefit both the agribusiness and the farmers, providing them with the resources needed to thrive.
This investment signifies a commitment to supporting African agribusinesses that prioritize sustainable practices and fair trade. It underscores the potential for technology and strategic partnerships to drive growth and improve the livelihoods of smallholder farmers.
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