AGROCOLD GHANA LIMITED WINS KOSMOS INNOVATION CENTER'S AGRITECH CHALLENGE PRO 2023 EDITION

Ghana’s worst performing index in the Food and Agriculture Organization Food Security Index is Food Loss. The score is 0.00%, while the global average of the index score is 75.5%, a huge problem for the country. Agricing Ghana recently reported $16 million dollars loss as a result of inadequate cold storage options for produce at the Ashaiman market. On the average, up to 50% loss occurs in Ghana’s fruits and vegetables sector every year. Consider this huge loss in relation to Ghana’s annual importation of $400 million dollars worth of tomatoes in the fruits and vegetables space.

These food losses in Ghana is affecting the attainment of United Nation’s Sustainable Development Goal 12.3 which states that “By 2030, halve per capita global food waste at the retail and consumer levels and reduce food losses along production and supply chains, including post-harvest losses”

It is in the midst of the challenges of food losses, food insecurity and effort to achieve SDG 12.3 that AgroCold Ghana Limited is here. AgroCold Ghana Limited is a youth startup and a registered business powered by Kosmos Innovation Center to tackle the menace of food losses, climate change and improve the income levels of smallholders along the fruits and vegetables value chain in Ghana.

AgroCold Ghana Limited was named as one of the winners of the @Kosmos Innovation Center Agritech Challenge Pro 2023 with a seed capital of US $40,000 to help harness the growth and sustainability of the business.

For the use of the seed capital, the rural smallholder farmers, market women and unemployed youths will have job opportunities to improve their livelihood.

We appreciate the huge support from Kosmos Innovation Center (KIC) and their partners; Mastercard Foundation, @Kosmos Energy, Cargill, Design Thinking and Innovation Hub , and the ideation team right from Agritech challenge Classic to Agritech challenge PRO.

In the words of Andrew Carnegie, "The beauty of empowering others is that your own power is not diminished in the process”. Our Co-founders Zikiru Shaibu, Godfred Kingsley Kwofie, Janice Nyardi and Jennifer Nyameba says thank you for nurturing and fine-tuning our idea to be what it is now.