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African Golden Food

Full company profile

uuid003rn6p

Namestring
African Golden Food
Legal namestring
African Golden Food Ltd.
Websiteurl
agf.farm
Company typeenum
Private
Founded yearint
2022
Descriptiontext

African Golden Food is a Ghana-based, vertically integrated agribusiness founded in July 2022 that combines production of cereals and grains, legumes and pulses, vegetables, and organic compost fertilizer with climate-smart and regenerative agricultural practices. The company's core technology is the Smart Circular Agro-Food & Carbon Innovation Vehicle, an integrated regenerative platform that combines modern processing, renewable energy (solar photovoltaic, solar thermal, wind, geothermal), irrigation infrastructure (delivered with Wilo and Agrico), cold-chain capacity, and large-scale agroforestry across a 10,000-hectare program in Ghana's Kwahu Afram Plains, supported institutionally by the Ghana Irrigation Development Authority (GIDA).

The company operates a phased five-year development model: Year 1 establishes cassava production and starch processing; Year 2 develops vegetable farms (onion, ginger, pepper, plantain); Year 3 introduces an ethanol/bio-fuel plant using cassava starch; Year 4 develops maize and soya for feed; and Year 5 launches poultry and egg livestock operations. Planned revenue streams include cassava starch sales, vegetable sales, ethanol, feed, livestock products, and carbon credits from agroforestry and soil sequestration. The company maintains entities in Ghana (operating), the Netherlands (investment vehicle), Singapore, and an R&D headquarters in Berlin, and pursues an enterprise/government-anchored go-to-market via institutional partnerships (GIDA, KNUST, MasterCard Foundation) and direct B2B relationships with industrial starch buyers and local markets.

African Golden Food is led by founder-CEO George Boakye Sarpong and has 1-10 employees. In November 2025 it closed a $1 million seed round led by FrugalFP B.V. (with John Lind and Aberdeen partners) to accelerate the climate-smart agro-industrial program. Customer segments comprise smallholder farmers (production suppliers receiving land, training, credit, and technical support), rural Ghanaian communities (employment and food security beneficiaries), and industrial starch buyers; pricing is not publicly disclosed and no commercial revenue has been reported.

Short descriptiontext

African Golden Food is a Ghana-based vertically integrated agribusiness that produces cereals, grains, pulses, vegetables, and organic fertilizer through climate-smart regenerative agriculture, serving smallholder farmers, rural communities, and industrial starch buyers in Ghana's Kwahu Afram Plains.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1–10
akta.pro rankint
HeadquartersGhana, Nigeria
HQ citystring
Ghana
HQ countrystring
Nigeria
HQ regionstring
Africa
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
vertically integrated agribusiness, cassava starch processing, climate-smart agriculture, regenerative agroforestry, agricultural commodity production
Industry3 codes
1Cassava (Tapioca) Farming
CodeAFAGAEADPrimaryYes
2Native Starches & Flours (Corn, Potato, Tapioca, Wheat, Rice)
CodeAFAJABABPrimaryNo
3Sustainable Agriculture & Food Systems (Fair Trade, Food Access, Regenerative)
CodeBPAGALADPrimaryNo
NAICS code3 codes
  • Starch and Vegetable Fats and Oils Manufacturing31122
  • Oilseed and Grain Farming1111
  • Other Vegetable (except Potato) and Melon Farming111219
SIC code3 codes
  • Agricultural Production-Crops100
  • Agricultural Services700
  • Food And Kindred Products2000
Product category
Agricultural Production and Processing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model6 records
1Cassava production and starch processing
TypeOne Time License
Description

Year 1 initiative to establish cassava production and processing plant for starch extraction. Targets growing demand for starch in various industries.

agf.farm
2Vegetable farming and sales
TypeTransaction Fee
Description

Year 2 development of vegetable farms producing onion, ginger, pepper, and plantain for domestic and export markets.

agf.farm
3Ethanol and bio-fuel production
TypeHardware Sales
Description

Year 3 initiative to establish ethanol plant using cassava starch for bio-fuel production, saving tonnes of CO2.

agf.farm
4Feed production
TypeOne Time License
Description

Year 4 development of maize and soya farms as source for feed production for future livestock projects.

agf.farm
5Poultry and egg production
TypeTransaction Fee
Description

Year 5 livestock projects for poultry and eggs production targeting local markets.

agf.farm
6Carbon credits and sequestration
TypeTransaction Fee
Description

Revenue from carbon removal through agroforestry and soil carbon sequestration targeting removal of over 1 million tonnes of CO2 over 10 years.

agf.farm
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

African Golden Food is a Ghana-based vertically integrated agribusiness that produces cereal and grain, legumes and pulses, vegetables, and organic compost fertilizer. Operations follow a phased five-year plan spanning cassava farming and starch processing, vegetable cultivation, ethanol/bio-fuel production from cassava starch, maize and soya feed farming, and poultry and egg livestock production, all centered on a Smart Circular Agro-Food & Carbon Innovation Vehicle platform.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 10,000 hectares of degraded land restored over 10 years
+3 more records
Product overview1 text field

African Golden Food is a Ghana-based vertically integrated agribusiness operating across multiple agricultural production segments. The company operates a multi-year phased development model: Year 1 focuses on cassava production and starch processing; Year 2 develops vegetable farms; Year 3 establishes an ethanol bio-fuel plant; Year 4 expands to maize and soya for feed; and Year 5 launches poultry and egg livestock operations. The core offerings include cassava-based products (starch extraction, bio-fuel ethanol), cereal and grain production, legumes and pulses, vegetables, and organic compost fertilizer. The flagship initiative is the Smart Circular Agro-Food & Carbon Innovation Vehicle, a regenerative platform combining modern processing, renewable energy, and agroforestry. All operations are planned with sustainability focus including soil conservation, carbon sequestration, and renewable energy integration.

Product and service7 records
1Cassava Production and Processing Plant
Categorycore product
Description

Year 1 project establishing cassava production and starch extraction processing capabilities in Ghana's Kwahu Afram Plains region, targeting growing industrial demand for starch.

2Vegetable Farms
Categorycore product
Description

Year 2 expansion developing vegetable farms cultivating onion, ginger, pepper, and plantain for commercial production and sale in domestic and export markets.

3Ethanol Plant for Bio-Fuel Production
Categorycore product
Description

Year 3 planned facility for ethanol production from cassava starch to generate bio-fuel, designed to reduce CO2 emissions.

4Maize and Soya Farms
Categorycore product
Description

Year 4 development of maize and soya farms serving as a source for feed production supporting future livestock operations.

5Livestock Projects (Poultry & Eggs)
Categorycore product
Description

Year 5 planned livestock operations for poultry and eggs production to complete vertical integration of farming operations, targeting local markets.

6Organic Compost Fertilizer
Categorycore product
Description

Production of organic compost fertilizer as part of the vertically integrated agribusiness operations.

7Smart Circular Agro-Food & Carbon Innovation Vehicle
Categorycore product
Description

Climate-smart regenerative platform integrating modern processing, renewable energy, and large-scale agroforestry for land restoration, carbon sequestration, and rural job creation across 10,000 hectares in Ghana's Kwahu Afram Plains.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
1GIDA (Ghana Irrigation Development Authority)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-11-24
Description

GIDA provides institutional support for land, water access, and technical advisory for AGF's 10,000-hectare regenerative program in the Kwahu Afram Plains. The partnership aligns with Ghana's 24-Hour Economy and Volta Economic Corridor strategies.

agf.farm
Strategic tierMinorTypeStrategic or Co-development PartnerAnnounced on2023-03-10
Description

AGF invited MasterCard Foundation to partner in establishing a Centre of Excellence in collaboration with KNUST, aimed at bringing innovation and sustainable farming practices to smallholder farmers in Ghana.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2023-03-10
Description

AGF has an MoU with KNUST to collaborate with its schools of learning to bring innovation and impact into sustainable farming, enrich the environment, and improve nutrition and livelihoods. The partnership supports a proposed Centre of Excellence for agricultural research and training.

Strategic tierMajorTypeTechnology or IntegrationAnnounced on2023-03-10
Description

Wilo provides irrigation infrastructure for the project, deploying irrigation interventions to enable year-round farming and improve yields through utilizing unique land locations in the Afram Plains.

Strategic tierMajorTypeTechnology or IntegrationAnnounced on2023-03-10
Description

Agrico partners with AGF to deploy irrigation interventions that encourage year-round farming, improving yields and resource utilization to ensure food security and availability in the region.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Market position
Competitive moat5 records

Each record includes

Type, Details

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

African Golden Food

Agricultural Production and Processingagf.farm

African Golden Food is a Ghana-based vertically integrated agribusiness that produces cereals, grains, pulses, vegetables, and organic fertilizer through climate-smart regenerative agriculture, serving smallholder farmers, rural communities, and industrial starch buyers in Ghana's Kwahu Afram Plains.

What African Golden Food does

African Golden Food is a Ghana-based, vertically integrated agribusiness founded in July 2022 that combines production of cereals and grains, legumes and pulses, vegetables, and organic compost fertilizer with climate-smart and regenerative agricultural practices. The company's core technology is the Smart Circular Agro-Food & Carbon Innovation Vehicle, an integrated regenerative platform that combines modern processing, renewable energy (solar photovoltaic, solar thermal, wind, geothermal), irrigation infrastructure (delivered with Wilo and Agrico), cold-chain capacity, and large-scale agroforestry across a 10,000-hectare program in Ghana's Kwahu Afram Plains, supported institutionally by the Ghana Irrigation Development Authority (GIDA).

The company operates a phased five-year development model: Year 1 establishes cassava production and starch processing; Year 2 develops vegetable farms (onion, ginger, pepper, plantain); Year 3 introduces an ethanol/bio-fuel plant using cassava starch; Year 4 develops maize and soya for feed; and Year 5 launches poultry and egg livestock operations. Planned revenue streams include cassava starch sales, vegetable sales, ethanol, feed, livestock products, and carbon credits from agroforestry and soil sequestration. The company maintains entities in Ghana (operating), the Netherlands (investment vehicle), Singapore, and an R&D headquarters in Berlin, and pursues an enterprise/government-anchored go-to-market via institutional partnerships (GIDA, KNUST, MasterCard Foundation) and direct B2B relationships with industrial starch buyers and local markets.

African Golden Food is led by founder-CEO George Boakye Sarpong and has 1-10 employees. In November 2025 it closed a $1 million seed round led by FrugalFP B.V. (with John Lind and Aberdeen partners) to accelerate the climate-smart agro-industrial program. Customer segments comprise smallholder farmers (production suppliers receiving land, training, credit, and technical support), rural Ghanaian communities (employment and food security beneficiaries), and industrial starch buyers; pricing is not publicly disclosed and no commercial revenue has been reported.

African Golden Food firmographics

Firmographics
Name
African Golden Food
Legal name
African Golden Food Ltd.
Website
https://agf.farm
Company type
Private
Founded year
2022
Operating status
Operating
Headcount range
1–10 employees
Short description
African Golden Food is a Ghana-based vertically integrated agribusiness that produces cereals, grains, pulses, vegetables, and organic fertilizer through climate-smart regenerative agriculture, serving smallholder farmers, rural communities, and industrial starch buyers in Ghana's Kwahu Afram Plains.
Ownership category
akta.pro rank

African Golden Food industry classification

Industry
Product category
Agricultural Production and Processing
NAICS
Starch and Vegetable Fats and Oils Manufacturing (31122), Oilseed and Grain Farming (1111), Other Vegetable (except Potato) and Melon Farming (111219)
SIC
Agricultural Production-Crops (100), Agricultural Services (700), Food And Kindred Products (2000)
akta.pro primary industry
Cassava (Tapioca) Farming (AFAGAEAD)
akta.pro secondary industries
Native Starches & Flours (Corn, Potato, Tapioca, Wheat, Rice) (AFAJABAB), Sustainable Agriculture & Food Systems (Fair Trade, Food Access, Regenerative) (BPAGALAD)

Keywords

  • Vertically integrated agribusiness
  • Cassava starch processing
  • Climate-smart agriculture
  • Regenerative agroforestry
  • Agricultural commodity production

Where African Golden Food is headquartered

Location

Headquarters

HQ city
Ghana
HQ country
Nigeria
HQ region
Africa

Offices4 records

Markets served

African Golden Food business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales

Revenue model

  1. Cassava production and starch processing: Year 1 initiative to establish cassava production and processing plant for starch extraction. Targets growing demand for starch in various industries.
  2. Vegetable farming and sales: Year 2 development of vegetable farms producing onion, ginger, pepper, and plantain for domestic and export markets.
  3. Ethanol and bio-fuel production: Year 3 initiative to establish ethanol plant using cassava starch for bio-fuel production, saving tonnes of CO2.
  4. Feed production: Year 4 development of maize and soya farms as source for feed production for future livestock projects.
  5. Poultry and egg production: Year 5 livestock projects for poultry and eggs production targeting local markets.
  6. Carbon credits and sequestration: Revenue from carbon removal through agroforestry and soil carbon sequestration targeting removal of over 1 million tonnes of CO2 over 10 years.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

African Golden Food product offering

Product offering

Core offering

African Golden Food is a Ghana-based vertically integrated agribusiness that produces cereal and grain, legumes and pulses, vegetables, and organic compost fertilizer. Operations follow a phased five-year plan spanning cassava farming and starch processing, vegetable cultivation, ethanol/bio-fuel production from cassava starch, maize and soya feed farming, and poultry and egg livestock production, all centered on a Smart Circular Agro-Food & Carbon Innovation Vehicle platform.

Product overview

African Golden Food is a Ghana-based vertically integrated agribusiness operating across multiple agricultural production segments. The company operates a multi-year phased development model: Year 1 focuses on cassava production and starch processing; Year 2 develops vegetable farms; Year 3 establishes an ethanol bio-fuel plant; Year 4 expands to maize and soya for feed; and Year 5 launches poultry and egg livestock operations. The core offerings include cassava-based products (starch extraction, bio-fuel ethanol), cereal and grain production, legumes and pulses, vegetables, and organic compost fertilizer. The flagship initiative is the Smart Circular Agro-Food & Carbon Innovation Vehicle, a regenerative platform combining modern processing, renewable energy, and agroforestry. All operations are planned with sustainability focus including soil conservation, carbon sequestration, and renewable energy integration.

Differentiator

Problem solved

Functional benefit

Products and services

  • Cassava Production and Processing Plant Year 1 project establishing cassava production and starch extraction processing capabilities in Ghana's Kwahu Afram Plains region, targeting growing industrial demand for starch.
  • Vegetable Farms Year 2 expansion developing vegetable farms cultivating onion, ginger, pepper, and plantain for commercial production and sale in domestic and export markets.
  • Ethanol Plant for Bio-Fuel Production Year 3 planned facility for ethanol production from cassava starch to generate bio-fuel, designed to reduce CO2 emissions.
  • Maize and Soya Farms Year 4 development of maize and soya farms serving as a source for feed production supporting future livestock operations.
  • Livestock Projects (Poultry & Eggs) Year 5 planned livestock operations for poultry and eggs production to complete vertical integration of farming operations, targeting local markets.
  • Organic Compost Fertilizer Production of organic compost fertilizer as part of the vertically integrated agribusiness operations.
  • Smart Circular Agro-Food & Carbon Innovation Vehicle Climate-smart regenerative platform integrating modern processing, renewable energy, and large-scale agroforestry for land restoration, carbon sequestration, and rural job creation across 10,000 hectares in Ghana's Kwahu Afram Plains.

Quantifiable outcome

  • 10,000 hectares of degraded land restored over 10 years
  • +3 more outcomes

Companies that use African Golden Food

Customer profile

Segments3 records

Ideal customer profiles3 records

African Golden Food technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature6 records

African Golden Food partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core, minor and major.

  • GIDA (Ghana Irrigation Development Authority)coreStrategic or Co-development Partner · 24 November 2025GIDA provides institutional support for land, water access, and technical advisory for AGF's 10,000-hectare regenerative program in the Kwahu Afram Plains. The partnership aligns with Ghana's 24-Hour Economy and Volta Economic Corridor strategies.
  • MasterCard FoundationminorStrategic or Co-development Partner · 10 March 2023AGF invited MasterCard Foundation to partner in establishing a Centre of Excellence in collaboration with KNUST, aimed at bringing innovation and sustainable farming practices to smallholder farmers in Ghana.
  • KNUST (Kwame Nkrumah University of Science and Technology)majorStrategic or Co-development Partner · 10 March 2023AGF has an MoU with KNUST to collaborate with its schools of learning to bring innovation and impact into sustainable farming, enrich the environment, and improve nutrition and livelihoods. The partnership supports a proposed Centre of Excellence for agricultural research and training.
  • WilomajorTechnology or Integration · 10 March 2023Wilo provides irrigation infrastructure for the project, deploying irrigation interventions to enable year-round farming and improve yields through utilizing unique land locations in the Afram Plains.
  • AgricomajorTechnology or Integration · 10 March 2023Agrico partners with AGF to deploy irrigation interventions that encourage year-round farming, improving yields and resource utilization to ensure food security and availability in the region.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

African Golden Food competitors and assessment

Company assessment

Market position

Competitive moat5 records

Key highlights6 records

Customer concentration

African Golden Food social profiles

Digital presence

African Golden Food financial estimates

Financial estimate

Revenue estimate

Valuation estimate

African Golden Food leadership team

Management profile

Number of profiles

Profiles1 record

African Golden Food subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

African Golden Food funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

African Golden Food M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about African Golden Food

What does African Golden Food do?

African Golden Food is a Ghana-based vertically integrated agribusiness that produces cereal and grain, legumes and pulses, vegetables, and organic compost fertilizer. Operations follow a phased five-year plan spanning cassava farming and starch processing, vegetable cultivation, ethanol/bio-fuel production from cassava starch, maize and soya feed farming, and poultry and egg livestock production, all centered on a Smart Circular Agro-Food & Carbon Innovation Vehicle platform.

Is African Golden Food a public or private company?

African Golden Food is a private company. It is classified as venture growth investor backed and is currently operating.

When was African Golden Food founded?

African Golden Food was founded in 2022. It employs 1 to 10 people.

Where is African Golden Food based?

African Golden Food is headquartered in Ghana, Nigeria, in the Africa region.

How does African Golden Food make money?

Six revenue lines are on record. Cassava production and starch processing is the primary driver. The others are vegetable farming and sales, ethanol and bio-fuel production, feed production, poultry and egg production and carbon credits and sequestration.

Does African Golden Food have an API?

No public API is recorded for African Golden Food.

What industry is African Golden Food in?

African Golden Food's product category is Agricultural Production and Processing. Its primary akta.pro industry code is AFAGAEAD, Cassava (Tapioca) Farming, with a secondary code of AFAJABAB, Native Starches & Flours (Corn, Potato, Tapioca, Wheat, Rice). Its NAICS code is 31122 and its SIC code is 100.

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Live signals
BusinessGhanaAfrican Golden Food (AGF B.V.) Secures $1 Million Seed Investment to Catapult Climate-Smart Agro ...African Golden Food B.V. (AGF), a Netherlands-based sustainable food and climate company, has secured $1 million in equity seed investment from FrugalFP B.V. of the Netherlands and a group of Scottish investors led by John Lind. The funding will accelerate the development of Africa's first Smart Circular Agro-Food & Carbon Innovation Vehicle, a 10,000-hectare integrated agroforestry and cassava-sweet potato processing initiative in Ghana's Kwahu Afram Plains. The project aims to restore 10,000 hectares of degraded land, generate 2,500 rural jobs, and sequester over one million tonnes of CO2 over the next decade, with support from Ghana's Irrigation Development Authority for land allocation and technical advisory services.BusinessGhanaAfrican Golden Food secures $1M investment to promote climate-smart agro-industrial growth in GhanaAfrican Golden Food (AGF B.V) has secured $1 million in seed investment from FrugalFP B.V of the Netherlands and an Aberdeen group of investors led by John Lind of Scotland. The funding will support Africa's first Smart Circular Agro-Food & Carbon Innovation Vehicle, a 10,000-hectare integrated agroforestry and cassava–sweet potato processing initiative in Ghana's Kwahu Afram Plains. The project aims to restore 10,000 hectares of degraded land, generate 2,500 rural jobs, and sequester over one million tonnes of CO2 over the next decade.AgrotechAGF Secures $1M Seed Investment to Accelerate Climate Smart Agro Industrial ExpansionAfrican Golden Food (AGF B V) has secured a US$1 million seed investment from FrugalFP B V of the Netherlands and an Aberdeen-based investor group to accelerate its 10,000 hectare Smart Circular Agro-Food & Carbon Innovation Vehicle in Ghana's Kwahu Afram Plains. The initiative aims to restore degraded land, generate 2,500 rural jobs, and sequester more than one million tonnes of CO₂ over the next decade. The project is aligned with Ghana's national economic programs including the 24 Hour Economy initiative and Volta Economic Corridor, and forms part of the broader EU-Africa Green Transition agenda.