{"id":1067372,"date":"2022-04-26T11:58:55","date_gmt":"2022-04-26T11:58:55","guid":{"rendered":"https:\/\/www.ghanamma.com\/2022\/04\/26\/farmerline-secures-ghc97-million-to-help-african-farmers-and-agribusinesses\/"},"modified":"2022-04-26T11:58:55","modified_gmt":"2022-04-26T11:58:55","slug":"farmerline-secures-ghc97-million-to-help-african-farmers-and-agribusinesses","status":"publish","type":"post","link":"https:\/\/www.ghanamma.com\/2022\/04\/26\/farmerline-secures-ghc97-million-to-help-african-farmers-and-agribusinesses\/","title":{"rendered":"Farmerline secures GHC97 million to help African farmers and agribusinesses"},"content":{"rendered":"

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\n Accra, April 26, GNA – Farmerline Group, the Africa continent\u2019s amazon for African farmers has secured an estimated GHC 97 million in Pre-Series \u2018A\u2019 investment and working capital to strengthen its supply chain for agribusinesses.<\/p>\n
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The investment would also help to reduce the cost of farming; and increase yield for farmers on the continent through the deployment of AI technology and local infrastructure.<\/div>\n
The lenders of the working capital include; DEG, Rabobank, Ceniarth, Rippleworks, Mulago Foundation, Whole Planet Foundation, Netri Foundation and Kiva.<\/div>\n
The Farmerline Group made this known in a press release copied to the Ghana News Agency on Tuesday.<\/div>\n
It said: \u201cCurrently, post-harvest losses of food cereals in Sub-Saharan Africa are estimated at $4 billion due to factors such as access to timely agronomic education. Meanwhile, fertilizer use is 14kg per hectare as compared to 120kg for their counterparts globally.<\/div>\n
\u201cWith this new investment, we will scale the AI capabilities within Farmerline\u2019s Mergdata platform to help increase the income of farmers and agribusinesses; supporting them to access farm inputs; supplying them with assets such as tricycles, tractors and threshers; and connecting them to global markets.\u201d<\/div>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Accra, April 26, GNA – Farmerline Group, the Africa continent\u2019s amazon for African farmers has secured an estimated GHC 97 million in Pre-Series \u2018A\u2019 investment and working capital to strengthen its supply chain for agribusinesses. The investment would also help to reduce the cost of farming; and increase yield for farmers on the continent through […]<\/p>\n","protected":false},"author":1,"featured_media":1067376,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[72],"tags":[461,10176,10116,2418,10177,290,564],"class_list":["post-1067372","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-african","tag-agribusinesses","tag-farmerline","tag-farmers","tag-ghc97","tag-million","tag-secures"],"_links":{"self":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1067372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/comments?post=1067372"}],"version-history":[{"count":0,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/posts\/1067372\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/media?parent=1067372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/categories?post=1067372"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.ghanamma.com\/2022\/wp-json\/wp\/v2\/tags?post=1067372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}