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🌾 Shamba Pride Cultivates Growth: Raises $3.7M to Expand Merchant Network in Kenyan Agtech 🚜💰 🇰🇪

🌾 Shamba Pride Cultivates Growth: Raises $3.7M to Expand Merchant Network in Kenyan Agtech 🚜💰 🇰🇪

#agriculture
#startup
#agribusiness
#AgriTech
#funding
Kenyan agtech, Shamba Pride, secures $3.7 million in debt-equity funding to bolster its farmer-centric merchant network. With 2,700 digitalized agro-dealers across 24 counties, Shamba Pride aims to revolutionize last-mile distribution, combat price exploitation, and extend its impact to more rural farmers.

- 📈 Expansion Plans: Shamba Pride eyes nationwide growth in Kenya, enhancing its franchise network and setting sights on neighboring markets like Tanzania, Uganda, and Zambia.

- 🚀 Empowering Agro-Dealers: By digitizing agro-dealers, Shamba Pride ensures efficient inventory management and business operations, creating a ripple effect of benefits for small-scale farmers.

- 🌍 Regional Impact: The funding, led by EDFI AgriFI and Seedstars Africa Ventures, positions Shamba Pride to tackle agro-related challenges and strengthen food security across East Africa.


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