Complete Farmer has secured a $2.4 million convertible loan from the International Finance Corporation (IFC) and the Business Investment Financing Track (BIFT) to expand agricultural finance and services for smallholder farmers in Ghana.
The financing is supported by an additional $660,000 in technical assistance and grant funding from the IFC. This brings the total joint package to $3.06 million.
The new capital will help address some of the challenges that limit smallholder farmers’ productivity across West Africa. These include fragmented supply chains, limited access to credit and difficulties in obtaining agricultural inputs and reaching reliable buyers.
Complete Farmer operates a digital platform that connects farmers with commercial buyers, agricultural input suppliers and logistics providers. The company plans to use the funding to expand access to its platform to 240,000 farmers by 2030.
Expanding access to finance and agricultural services
The BIFT, a global development finance initiative under the Global Agriculture and Food Security Program (GAFSP), partnered with the IFC on the transaction. BIFT is designed to attract private and climate finance to early-stage agrifood businesses and smallholder farmers.
The additional technical assistance and grant support from the IFC will help Complete Farmer scale its agronomy services and digital input financing capacity. The aim is to give more farmers access to the resources they need to increase production and participate in commercial agricultural markets.
“Too many farmers with the capacity to grow commercially still struggle to access the financing they need to do so,” said Desmond Koney, Chief Executive of Complete Farmer.
Koney said the partnership would allow the company to expand its input financing model so that more farmers can access the resources needed to grow sustainably and participate more meaningfully in agricultural markets.
Nathalie Kouassi Akon, IFC Division Director for West Africa Gulf of Guinea, said the initiative addresses critical gaps in the agricultural value chain by “helping farmers access inputs, services, finance, and buyers.”
The expansion of these services is expected to strengthen connections between farmers and other participants in the agricultural value chain, while improving access to finance and markets.
New financing adds to Complete Farmer’s capital base
The IFC-backed loan comes as Complete Farmer Technologies, Inc., the company’s Delaware-incorporated parent, continues to raise equity capital in the United States.
According to filings with the US Securities and Exchange Commission, the company has raised $9,199,998 from a targeted $12 million equity offering conducted under Rule 506(b) private placement exemptions.
An amended Form D filing submitted on June 11, 2026, following an initial sale on April 7, shows that the funds were secured from six accredited investors. The filing leaves $2,800,002 remaining in the offering.
The filing identifies Desmond Okpoti Koney as Chief Executive, with Ashwin Ravichandran and Francis Owusu serving as directors. It does not identify the six investors or state whether the recent debt financing forms part of the $12 million private placement.
The filing classifies the offering as equity rather than debt, indicating that Complete Farmer is raising equity capital alongside the development-backed convertible loan and grant facilities.
The latest financing adds to a growing capital base that includes commercial debt, concessional finance and venture capital.
Complete Farmer previously secured a $5 million debt facility from Swiss impact asset manager Symbiotics to support supply chain logistics and working capital.
The company also received €2.2 million, worth about $2.5 million, in blended debt and grant funding through the European Union’s AgriFI initiative, managed by EDFI Management Company. The funding supported the development of six regional fulfilment and aggregation hubs in northern Ghana.
