Acumen

Acumen is a nonprofit organization established in 2001 and based in New York City, with additional offices in Mumbai, Nairobi, Karachi, and Accra. The organization is dedicated to poverty eradication by raising charitable funds to invest in early-stage companies that provide essential services such as clean energy, healthcare, education, agricultural inputs, formal housing, and safe drinking water to low-income communities. Acumen has made significant investments totaling $128 million in 128 companies across 14 countries, impacting the lives of over 308 million individuals. The organization collaborates with notable partners, including the Rockefeller Foundation, the Bill & Melinda Gates Foundation, and Google.org, to address critical challenges faced by underserved populations.

Amon Anderson

Director

Ajit Mahadevan

Country Director

Catherine Nanda

Director, Acumen America

Aun Rahman

Country Director Pakistan

Siddharth Tata

Associate Director

Past deals in Ghana

WamiAgro

Seed Round in 2025
Wami Agro is an agri-tech company focused on empowering smallholder farmers in Ghana to improve agricultural production and market access. By utilizing a tech-enabled platform, Wami Agro partners with over 10,000 smallholder farmers to grow, aggregate, and sell a variety of crops, including rice, maize, soya bean, and cassava. The company emphasizes sustainable agricultural practices such as precision farming, which enhances productivity while promoting environmental stewardship. Through its interventions, Wami Agro facilitates easy access to credit and markets, enabling farmers to sell their produce to poultry farmers, fast-moving consumer goods companies, distributors, and food service businesses. This approach not only supports the livelihoods of smallholder farmers but also contributes to food security and climate change mitigation.

PEG

Series C in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

PEG

Series C in 2019
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

PEG

Series B in 2017
PEG is an asset financing company based in Accra, Ghana, that specializes in providing affordable solar energy solutions to off-grid households in West Africa. Founded in 2013 by Hugh Whalan and Nate Heller, PEG offers a Pay As You Go financing model that enables customers to acquire solar home systems, which enhance their quality of life by providing reliable lighting, mobile phone charging, and access to appliances like radios and televisions. By facilitating the transition from traditional, polluting fuels such as kerosene to sustainable solar energy, PEG empowers its customers to invest in clean technology while reducing their ongoing energy costs. The company's operations extend to countries including Ghana, Côte d'Ivoire, and Senegal, where it addresses the energy needs of underserved communities.

Devergy

Seed Round in 2015
Devergy is a social energy utility based in Ghana that focuses on delivering reliable and affordable electricity services to low-income communities in developing countries, particularly in off-grid rural areas like Tanzania. The company operates village-sized energy micro-grids powered by solar energy, enabling households and businesses to access electricity. These micro-grids are designed with adaptive capacity and are regularly monitored to ensure efficient service delivery. By providing solar power, Devergy aims to improve the quality of life for underserved populations while promoting sustainable energy solutions.

Esoko

Venture Round in 2014
Esoko Networks Limited is a mobile-based market information exchange focused on agricultural markets in Africa. Founded in 2007 and headquartered in Accra, Ghana, Esoko provides a platform that delivers automated and personalized market information, including price alerts, buy and sell offers, and agricultural advice, directly to farmers via SMS. The company also offers solutions for businesses to effectively connect with farmers, facilitating improved marketing, monitoring, and sourcing. Esoko's comprehensive ecosystem includes specialized applications designed for businesses, NGOs, mobile operators, and governments, enabling them to manage information efficiently. By promoting market transparency and communication, Esoko empowers farmers to enhance their yields and profits while allowing businesses to operate more effectively in rural markets. The company's services also extend to data collection, biometric profiling, and analytics, enhancing the efficiency of developmental projects aimed at rural communities.

Esoko

Debt Financing in 2014
Esoko Networks Limited is a mobile-based market information exchange focused on agricultural markets in Africa. Founded in 2007 and headquartered in Accra, Ghana, Esoko provides a platform that delivers automated and personalized market information, including price alerts, buy and sell offers, and agricultural advice, directly to farmers via SMS. The company also offers solutions for businesses to effectively connect with farmers, facilitating improved marketing, monitoring, and sourcing. Esoko's comprehensive ecosystem includes specialized applications designed for businesses, NGOs, mobile operators, and governments, enabling them to manage information efficiently. By promoting market transparency and communication, Esoko empowers farmers to enhance their yields and profits while allowing businesses to operate more effectively in rural markets. The company's services also extend to data collection, biometric profiling, and analytics, enhancing the efficiency of developmental projects aimed at rural communities.
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