New York City, New York Nov 2, 2026 (Issuewire.com) - The GrowHub Limited (Nasdaq: TGHL) ("The GrowHub" or the "Company"), a technology and sustainability-focused company, today announced that it has entered into a strategic cooperation agreement with US-based Strategic Management Consortium LLC ("SMC"), establishing a framework for institutional engagement and the exploration of commercial opportunities in the Republic of Guinea-Bissau, West Africa.
The agreement marks The GrowHub's first entry into the African market, expanding the Company's international footprint beyond its existing activities and project opportunities in Asia and Europe.
Guinea-Bissau presents significant potential for nature-based solutions and carbon-related initiatives. According to World Bank data based on FAO statistics, the country had approximately 2.1 million hectares of forest area in 2024, representing approximately 74.8% of its total land area. This extensive forest landscape provides a substantial natural-resource base for exploring opportunities in forest conservation, sustainable forest management, and nature-based carbon projects.
Under the agreement, the parties intend to identify and assess potential projects involving carbon initiatives, environmental sustainability, and natural resources, while facilitating engagement with relevant institutional and commercial stakeholders. The cooperation will include evaluating the technical, environmental, and commercial feasibility of prospective opportunities.
Lester Chan, Chairman and Chief Executive Officer of The GrowHub Limited, commented:
"We are excited to take this important step into Africa. This represents more than geographical expansion; it is an opportunity to extend The GrowHub's international reach into a market with substantial natural resources and emerging opportunities in the sustainability and carbon sectors.
"Our strategy is to build an international portfolio of commercially viable projects through strong partnerships and institutional relationships. With our existing activities and opportunities in Asia and Europe, entering Guinea-Bissau gives us an additional platform from which to explore opportunities in a new and potentially significant market.
"We see considerable long-term potential in nature-based carbon initiatives, particularly as global demand for credible carbon solutions continues to develop. Our priority is to translate these opportunities into tangible projects and, ultimately, sustainable business growth for The GrowHub and its shareholders."
About The GrowHub Limited
The GrowHub Limited (Nasdaq: TGHL) is a technology and sustainability-focused company exploring opportunities across international markets. The Company seeks to leverage its capabilities, partnerships, and commercial networks to develop opportunities in areas including sustainability, carbon-related initiatives, and technology-enabled solutions.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding the Company's strategic cooperation with SMC, the potential for carbon and sustainable development opportunities in Guinea-Bissau, and the Company's ability to execute on its growth strategy. These forward-looking statements are based on management's current expectations and are subject to risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied. Factors that could cause actual results to differ include, among others, the Company's ability to successfully execute its cooperation agreement with SMC; the ability to identify, develop, and finance viable carbon projects; the receipt of any required regulatory approvals; the willingness of institutional and commercial stakeholders to participate; and the impact of global economic, market, and regulatory conditions on carbon markets. The Company undertakes no obligation to update any forward-looking statements, except as required by law.
Media Contact
The GrowHub Limited *****@thegrowhub.co http://www.thegrowhub.co
