Injaro Agricultural Capital Holdings has invested in Gold Coast Fruits Limited to enhance pineapple production and support local smallholder farmers in Ghana.

Information on the Target

Injaro Agricultural Capital Holdings Limited (IACHL), an impact investment fund managed by Injaro Investments, has announced a strategic investment in the Ghanaian pineapple sector. This investment will be executed through its Ghanaian subsidiary, Injaro Agricultural Venture Capital Limited (IAVCL), which has signed an agreement with Gold Coast Fruits Limited (GCF), a prominent exporter of pineapples based in Accra.

Founded in 2005, GCF is recognized as one of Ghana's leading producers of the 'Golden Sweet' (MD2) pineapple variety. The company has established a robust export network, supplying to countries such as Switzerland, France, The Netherlands, Morocco, and the United Arab Emirates. GCF has obtained Global GAP and FairTrade certifications since 2008, reflecting its commitment to quality and ethical farming practices. The investment from Injaro is aimed at enhancing the volume and quality of fruit production, expanding market reach, and collaborating with a greater number of smallholder farmers.

Industry Overview in Ghana

The agricultural sector plays a crucial role in Ghana's economy, providing employment to a significant portion of the population and contributing to foreign exchange earnings. Pineapples, specifically, have seen increased demand in