ACCRA: Oyster Agribusiness, a company focusing on climate-smart agriculture, has secured $2 million in funding to expand its operations and enhance its support for smallholder farmers across Ghana. The funding was facilitated by Root Capital, RDF Ghana, and the Sahel Capital Social Enterprise Fund for Agriculture in Africa (SEFAA FUND), with Pangea Africa Limited leading the fundraising process. According to Ghana News Agency, over the past five years, Oyster Agribusiness has significantly impacted the livelihoods of 4,500 smallholder farmers in Ghana by promoting sustainable agricultural practices. The company has paid over GHS60 million ($3.8 million) to these farmers and has cultivated more than 20,000 acres of farmland, supplying over 25,000 tons of produce to both local and international markets. The recent capital injection will enable Oyster Agribusiness to expand its reach and scale its climate-smart agricultural initiatives. This expansion aims to strengthen the resilience of Ghana's agricultural s ector against climate challenges. Edmond Kombat, CEO of Oyster Agribusiness, expressed enthusiasm about the support received, stating that the investment underscores the impact of their work with smallholder farmers and the potential for scaling operations. Nii Lokko, a partner at Pangea Africa Limited, highlighted the company's role in structuring the fundraising process, which attracted the right partners to support Oyster Agribusiness's growth. Lokko praised Oyster Agribusiness as a leading example of African agribusiness generating significant social, environmental, and financial impacts, particularly benefiting Ghanaian farmers.