Accra-based agritech LbH has received an investment from the Draper Richards Kaplan Foundation (DRK), which describes itself as supporting “high impact social enterprises”. Neither DRK nor the company has disclosed the amount or the form of the investment, and none of the sources we read gives either figure.
DRK announced the investment in a LinkedIn post carrying an estimated date of 5 November 2026. Ghana Innovation Journal reported on 6 November that LbH had raised “an undisclosed funding” from DRK. Business Press followed on 7 November and called it “new funding”. DRK’s own wording is simply “investment”.
According to DRK’s organisation page, LbH digitises farm records, including crop type, acreage, production capacity and yield history. It turns them into farmer profiles that it shares with banks and other lenders offering commercial-rate loans. DRK gives an average annual interest rate of 18%, with loans that range from $600 to $2,500 on average. Business Press describes LbH as a data layer rather than a “conventional agricultural lender” that carries loan capital and absorbs defaults. That characterisation is the outlet’s own.
The headline figures are attributed to DRK, and we have not verified them. DRK’s organisation page says LbH “has facilitated $5.4 million in financing” to more than 13,000 smallholder farmers and digitised records for more than 72,000. The page does not say how much of that financing was LbH’s own capital, and it does not give the size of DRK’s investment. Business Press reports the same figure as loans. DRK also reports that 70% of borrowers are women and youth, and that their incomes rose by an average of 250%. DRK’s LinkedIn post cites the 13,000 borrowers and the 250% figure, but not the $5.4 million.
DRK’s page says agriculture contributes about 20% of Ghana’s GDP and employs up to 40% of the labour force, yet less than 5% of bank lending goes to the sector. Ghana Innovation Journal carries similar figures in its own background section, without naming a source.
The plans described on DRK’s page include working with larger farmer cooperatives and aggregators, embedding credit in agricultural distribution channels, and building a digital wallet to track transactions and repayments. The company aims to reach one million farmers by 2031. These are plans, not reported results.
Several points remain unknown. The amount of DRK’s investment is not disclosed. Nor is whether it is equity, debt, a grant or another instrument, what valuation applies, or whether other investors took part. Sources also differ on the founder’s name: DRK’s LinkedIn post uses Ato Kwamena Mensah, while its organisation page and both articles use Ato Kwamena Cyrus-Mensah.
Until LbH or DRK discloses terms, the investment cannot be sized against the company’s other funding. The reported farmer-reach and loan figures are useful context, but they are DRK-attributed claims.
Sources
- Draper Richards Kaplan Foundation, LinkedIn post "New Investment - LbH, Inc." (estimated date 5 November 2026)
- Draper Richards Kaplan Foundation, "LbH, Inc." organisation page
- Ghana Innovation Journal, "LbH secures DRK Foundation backing to build credit infrastructure for smallholder farmers" (6 November 2026)
- Abena Ofori, Business Press, "DRK Backs LbH Plan to Bankroll Ghana Farmers" (7 November 2026; updated 9 November 2026)
