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August 12, 2026
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Pangea Africa, Black Star Africa acquire majority stake in Eden Tree
Money
Opportunity
Growth
Key Points
- Pangea Africa Limited and Black Star Africa Limited have jointly acquired a majority stake in Ghanaian fresh food producer Eden Tree Limited.
- Eden Tree founder Catherine Krobo Edusei has stepped down from day-to-day leadership after 29 years but will remain a director and Founder Emeritus.
- Grant Webber of Black Star Africa is the new CEO, with plans to expand operations across West Africa, increase production, and strengthen the supply chain.
- The new investors aim to reduce post-harvest losses by installing solar-powered cooling facilities, expanding drip irrigation, and organizing outgrower cooperatives.
- The transaction provides an exit for impact investment firm Investisseurs & Partenaires (I&P), demonstrating a healthy investment lifecycle in Ghana.
Why This Matters
This acquisition signifies a significant boost for Ghana's agribusiness sector, attracting foreign and local investment into a critical industry. It promises to enhance food security by reducing post-harvest losses, create jobs through expanded operations, and improve farmer livelihoods, contributing to overall economic growth. Furthermore, I&P's successful exit demonstrates a maturing investment environment in Ghana, potentially encouraging more foreign direct investment.
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