Koa Impact Ghana has raised US$10.2-million in a hybrid investment round led by the Haltra Group with participation by other family offices. The funding was provided in the form of US$4.7-million in equity, US$3.5-million in long-term debt and US$2-million in shareholder loans. The stake acquired by the equity portion was not disclosed. Koa Impact Ghana was established in 2017 and produces edible products from the pulp of the cocoa fruit which has been considered a waste product (the coca fruit is 25% bean, 25% husk and 25% fruit). The use of the waste pulp to make alternative products is expected to provide farmers with additional income.

Haltra Group is a Luxembourg-based family investment company that is a long-term investor to sustainable enterprises. It has a multi-asset platform that aims to preserve capital and generate risk adjusted returns by investing alongside like-minded partners with strong alignments of interest and in line with its ESG principles.