Injaro Agricultural Capital Holdings Limited divests its 30% stake in seed producer M&B

GHANA – Injaro Agricultural Capital Holdings Limited (IACHL), the impact investment fund managed by Injaro Investments, has announced that it had sold all of its 30% stake in seed producer M&B Seeds and Agricultural Services Ghana Limited (M&B). This sale of shares represents a total exit from M&B after a 10-year holding period. As a result of the investment, M&B achieved 9-year average revenue growth of 67.5% per year, added 5,000 tonnes of process capacity and produced in 2020 more than 26 times its annual production as of 2011. M&B…

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