Storyline
Complete Farmer Closes IFC-Backed Round
Timeline
- Thu, Sep 24LatestUnverified — not yet reviewed
IFC Extends $2.4 Million Convertible Loan to Ghana's Complete Farmer
The International Finance Corporation has provided a $2.4 million convertible loan to Ghanaian agritech startup Complete Farmer, signalling development finance institution conviction in the company's farmer-financing model. The IFC instrument follows Five35 Ventures' previously reported 3.5x exit from the same company, making Complete Farmer one of the more closely watched agritech assets in West Africa.
- Wed, Sep 23Unverified — not yet reviewed
Five35 Ventures Exits Complete Farmer at 3.5x Return in Rare African VC Realisation
Five35 Ventures has completed its first portfolio exit by selling its stake in Ghanaian agritech startup Complete Farmer, generating a reported 3.5x return on its investment. The exit is a rare concrete realisation event in African venture capital and is being cited as a signal of emerging returns in the continent's agritech sector.
- Sat, Sep 19Unverified — not yet reviewed
Ghana's Complete Farmer Nears $12 Million Raise With IFC and BIFT Backing
Ghanaian agritech startup Complete Farmer is approaching a $12 million capital raise, with the World Bank's IFC providing both equity and debt components alongside co-investor BIFT. The combined stack — reported as $9.2 million in equity and $3.06 million in IFC-backed financing — targets the smallholder credit gap in West Africa.