Growth Investment Partners (GIP) Ghana LTD, an investment platform established by British International Investment (BII) the UK development finance institution and impact investor, today announced its investment in Truecoco Ghana Limited (Truecoco), a local agricultural processing and exporting company located in the Western Region of Ghana.
This investment will help in expanding Truecoco's soybean processing operations and launch a durable carbon capture biochar project, which will contribute to community development, environmental sustainability, and local economic growth.
GIP, a Ghanaian investment platform licensed by Ghana's Security and Exchange Commission, provides long-term, flexible capital, predominantly in local currency, to small and medium-sized enterprises (SMEs).
GIP aims to bridge the financing gap for Ghanaian SMEs which are critical to promoting sustainable economic growth.