Injaro Investments

Injaro Agricultural Capital Holdings is an investment management firm established in 2009, focused on making investments in small and medium-sized enterprises within the agricultural value chain in West Africa. The firm engages in various forms of financing, including debt, quasi-equity, and equity, to support businesses involved in all stages of agricultural production, from input suppliers to farmers and ultimately to consumers. By targeting this sector, Injaro aims to foster growth and development in the agricultural landscape of designated West African countries.

Jerry Parkes

Co-Founder and Managing Principal

Past deals in Ghana

Sahel Grains

Private Equity Round in 2016
Sahel Grains is a maize aggregation and processing company. They use modern, safe, and healthy approaches to produce traditional African foods, under the FAAST brand name, with grains (and other raw materials) sourced from thousands of smallholder rural farmers.

Agricare Ltd.

Private Equity Round in 2015
Agricare Ltd. produces animal feeds and poultry feeds.

Agricare Ltd.

Venture Round in 2015
Agricare Ltd. produces animal feeds and poultry feeds.

Sekaf Ghana

Private Equity Round in 2013
Sekaf Ghana produces and sells shea-based skin and hair care products. Sekaf Ghana offers natural moisturizing black, shea butter, and shea butter gift soaps; shea butter hand crèmes, shea butter body lotions, and shea oils for body; and shea oils for hair and scalp.

M&B Seeds and Agricultural Services

Private Equity Round in 2011
M&B Seeds and Agricultural Services supplies improved seeds to smallholder farmers. M&B Seeds planned to grow operations from 100 to 1000 metric tons of seed sold annually to small-scale farmers in Ghana.

Kona Agro Processing Ltd

Private Equity Round in 2011
Kona Agro Processing Ltd, established in 2008, is a Ghanaian company that processes cashew nuts for sale to export markets. As one of the world’s major cashew-producing regions, West Africa benefits from the sale and export of raw cashews, but does not capture the greater economic value added in processing. Most of those raw nuts are shipped to South and Southeast Asia, which have a more extensive processing infrastructure. Kona is part of a wave of new cashew processing firms in West Africa that aim to bring that economic benefit to the local level. It has an installed processing capacity of 1,000 MT; however, currently the company utilizes less than 25% of its capacity due to working capital constraints. Provided with the correct financing and operating at full capacity, the facility can source from at least 1,000 farmers and employ approximately 300 predominantly female employees.