Ghanaian agritech startup Complete Farmer has secured a €2.2 million (approximately $2.5 million) investment from the European Union’s AgriFI initiative, marking a major milestone in the advancement of technology-driven agriculture and rural development in West Africa. The funding, managed by EDFI Management Company, will support the construction of agricultural fulfilment centres and the expansion of Complete Farmer’s digital platform to reach over 5,000 smallholder farmers across Ghana’s five northern regions.
This investment is part of the AgriFI Ghana Country Window, a €10 million facility aimed at boosting smallholder farmer incomes through sustainable, inclusive agricultural modernization. For Complete Farmer, the capital will fund the development of six fulfilment centres—logistics hubs that will offer storage, quality control, and input distribution services. These centres are expected to significantly enhance local value chains, reduce post-harvest losses, and improve market access for farmers in underserved areas.
Irchad Razaaly, EU Ambassador to Ghana, stated:
This investment from the European Union Facility, AgriFI Ghana Country Window, to Complete Farmer will support not just the company but the tens of thousands of small farmers it serves. Better infrastructure and digital platforms mean better access to quality seeds, tools, expert advice, and markets. That ultimately translates into better harvests and improved incomes.
A Digital Platform for Inclusive Agriculture
Founded in 2017 by Ghanaian entrepreneur Desmond Koney, Complete Farmer operates a digital platform that connects smallholder farmers with global buyers and agricultural input providers. The platform offers:
- Tailored production protocols aligned with market demand,
- Real-time farm monitoring tools, and
- Integrated logistics services to ensure traceability and export readiness.
This model empowers farmers to produce high-quality crops that meet international standards, while also building more resilient and inclusive agricultural value chains across the region.
Desmond Koney, CEO, co-founder and Chairman of the Board at Complete Farmer, stated:
Partnering with the EU-funded AgriFI strengthens our mission to build a resilient agricultural sector in West Africa. This investment will help us reach even more farmers with the digital tools, fulfillment infrastructure, and market access they need to grow sustainably.
Scaling Impact Across West Africa
The funding will enable Complete Farmer to deepen its presence in rural Ghana and scale its services to reach over 50,000 smallholder farmers by 2028. This expansion builds on the $10 million in private capital the company raised in 2023 to grow its operations across Ghana and neighbouring countries.
Rodrigo Madrazo García de Lomana, CEO of EDFI Management Company, stated:
This is a model of inclusive innovation. By supporting Complete Farmer, we are investing in a more inclusive and sustainable agri-food system in Ghana. The company’s model strengthens value chains from the ground up, benefitting both growers and buyers.
A Broader Vision for Agricultural Transformation
AgriFI, the EU’s Agriculture Financing Initiative, was created to unlock sustainable investments in micro, small, and medium agri-enterprises (MSMEs) in developing countries. It places a strong emphasis on smallholder inclusion, climate-smart agriculture, and rural employment. In Ghana, the initiative aligns with the EU’s broader development strategy, particularly in the northern regions where agricultural modernization has been hindered by limited infrastructure and investment.
The AgriFI Ghana Country Window aims to reach 12,000 smallholders and catalyze rural economic growth. Complete Farmer’s expansion is a prime example of how public-private partnerships can bridge infrastructure gaps and accelerate agricultural transformation through innovation.