Injaro Agricultural Capital Holdings Limited invests in Agricare Ltd., a leading animal feed producer in Ghana, to enhance local supply chains and boost market competitiveness.

Information on the Target

Injaro Agricultural Capital Holdings Limited (IACHL) has announced a strategic investment in Agricare Ltd., a leading animal feed producer based in Kumasi, Ghana. Agricare, which has been operating for 47 years, was originally a wholly owned subsidiary of Pfizer Corporation, New York, USA. Over the decades, it has established itself as a market leader and a quality benchmark for poultry feed in Ghana, delivering high-quality products that poultry farmers trust.

This investment represents a pivotal opportunity for Agricare to regain market share lost in recent years as it focuses on enhancing product availability while maintaining the exceptional quality of its feed. The capital injection from Injaro is crucial for Agricare to boost plant utilization rates, develop a cost-effective local supply chain, and expand its distribution reach across West Africa, including Ghana, Togo, and Benin.

Industry Overview in Ghana

The animal feed sector in Ghana plays an essential role in the country’s agricultural landscape, particularly as the demand for poultry and livestock products rises. With an expanding population and increasing food