One Acre Ventures said it will invest in Enimiro Uganda, an agribusiness company that works with smallholder farmers, to finance its expansion into coffee processing.
Enimiro currently works with over 4,600 farmers, buying and processing their produce for export. It specialises in four products: vanilla, arabica coffee, dried pineapple, and jackfruit. The new funding will enable Enimiro to expand its coffee processing business.
The amount of the investment was not disclosed, although One Acre Ventures says on its website that it provides credit facilities ranging from $250,000 to $750,000.
Enimiro, which is based in Jinja, has previously received equity and debt financing from the Common Fund for Commodities, the Wood Foundation Africa, the Rabo Foundation, and Pearl Capital Partners.
“Built on climate-smart practices, traceability, and fair pricing, Enimiro’s model strongly aligns with our mission to finance agribusinesses that deliver meaningful, long-term value for farmers,” One Acre Ventures said in a news release.
“This is more than just an investment — it marks the start of a strategic partnership, with synergies already being explored between Enimiro and One Acre Fund, especially around farmer support, sourcing, training, and connecting to global markets,” the statement added.
One Acre Ventures is the investment arm of the One Acre Fund, an agricultural service provider that works with smallholder farmers in several African countries. It “provides loans and technical assistance to small and medium-sized enterprises in East Africa that buy produce from smallholder farmers, especially high-value tree crops.”
One Acre Ventures is currently “investing in Rwanda and Uganda with ambitions to scale to new markets across Sub-Saharan Africa.”
