Ghanaian agritech company Vitara Agritech has secured €1.8 million in equity investment from the European Union-backed AgriFI facility, impact investor Acumen and a group of angel investors. The deal, announced by EDFI Management Company on Monday, 26 October 2026, is intended to support the company’s growth and develop more traceable shea sourcing in northern Ghana.
The funding is an equity investment, not a loan. It marks the first direct equity investment through AgriFI’s Ghana Country Window, an EU-funded programme managed by EDFI Management Company. The €1.8 million figure covers the investment by the partners together and should not be attributed to AgriFI alone.
Connecting women producers with overseas buyers
Founded in 2020 and previously known as Sommalife, Vitara links smallholder shea producers with industrial customers. EDFI Management Company says the business worked with approximately 47,000 women farmers during the most recent shea season in Ghana. Women account for around 91% of the farmers in Vitara’s network.
Vitara uses a digital platform called TreeSyt to profile farmers, organise sourcing and monitor trees. The system is designed to improve traceability in a supply chain that has traditionally relied heavily on informal intermediaries.
The company’s customers include European manufacturers of vegetable oils and fats. Ghanaian shea is used, among other applications, to produce cocoa-butter equivalents for chocolate and confectionery. The new capital is intended to help the business expand sourcing and farmer services, rather than representing sales revenue that has already been generated.
Part of a wider Ghana investment programme
The deal forms part of the €10 million AgriFI Ghana Country Window, which backs agribusinesses, financial institutions and investment funds serving smallholders in northern Ghana. That programme-level allocation is separate from the €1.8 million invested in Vitara and is not financing awarded to Vitara alone.
Acumen describes a network of one million farmers by 2030 as a longer-term ambition for Vitara, not a result already achieved. The latest operational figure disclosed in the October announcement remains approximately 47,000 women farmers served during the most recent shea season.