AGF B.V. was advised on this transaction by Mubanga Kasonde of MK Consult, UK.

This financial injection will accelerate our initiatives aimed at developing Africa’s first Smart Circular Agro-Food & Carbon Innovation Vehicle, a 10,000-hectare integrated agroforestry and cassava–sweet potato processing initiative based in Ghana’s Kwahu Afram Plains. The project combines modern agro-processing, renewable energy, and carbon sequestration through large-scale agroforestry to deliver food security, community prosperity, and measurable climate impact.

Through our agro-industrial and carbon projects, we aim to restore 10,000 hectares of degraded land, generate 2,500 rural jobs, and sequester over one million tonnes of CO2 over the next decade a model of scalable climate-smart investment rooted in impact and inclusion.

“AGF represents the fusion of African enterprise and European partnership innovation anchored in purpose,” said George Boakye Sarpong, Founder and CEO of AGF. “With the support of Marcel Kappe of FrugalFP and John Lind and Co. we are not only building a profitable agribusiness, but also creating a regenerative blueprint for land restoration, youth employment, and carbon removal across the continent.”

A Shared Vision for Sustainable Prosperity

AGF B.V. unites a network of visionary shareholders and strategic partners, including FrugalFP B.V. (technology and operational efficiency), the Bundesvereinigung Nachhaltigkeit (BVNG) in Berlin (policy and sustainability governance), and a growing team of European and African agritech experts. Together, they form a bridge between Africa’s untapped agricultural potential and Europe’s green finance ecosystem.

Notably, our vision aligns with the 24-Hour Economy initiative, the Volta Economic Corridor of the Government of Ghana, and the Konadu Economic Enclave Irrigation Project through its commitment to continuous, large-scale agricultural production that drives employment, value addition, and export growth.

With support from the Ghana Irrigation Development Authority (GIDA) in the form of land allocation, reliable water supply, and technical advisory services, AGF is positioned to undertake all-year-round production to meet both domestic and export market demands. This collaboration not only enhances AGF’s operational efficiency and competitiveness but also enables GIDA to leverage the partnership to expand irrigation infrastructure to other parts of the country and promote agribusiness development for other commercial farmers within the enclave, thereby advancing the broader goals of economic transformation, regional industrialization, and sustainable agricultural growth.

About African Golden Food B.V.

AGF B.V. is a Netherlands-based holding company with operations in Ghana and partnerships across Europe. The company pioneers circular agro-industrial systems that integrate renewable energy, carbon farming, and community-led agribusiness. Its first major project in Ghana’s Eastern Region is supported by global development partners and private investors as a cornerstone of the EU–Africa Green Transition.