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The Crucial Role of AgTech: The battle for a food-secure world
May 26 @ 2:00 pm - 6:30 pmFree
Where there is tech, there is a way – How AgTech is helping to harvest opportunities in the crisis
Join the African Agri Council on 26 May 2020, at 2:00pm to 4:30pm SAST and participate in our second AAC Spotlight virtual event. This event – The Crucial Role of Agtech brings together Agtech leaders to offer insights and updates, through keynote presentations, panels and roundtable discussions, into the opportunities for new solutions and adapting to the Covid-19 economy.
It is the ultimate meeting point for Agtech innovators and investors to build partnerships and shape the future of Africa’s agri sector. This gathering of Agtech front-runners provides open opportunities to share knowledge, meet face to face with the industry, network with potential new clients and prospective partners and start new business relationships.
The format of the event includes plenary, parallel sessions, and 60 minutes of networking, where you can directly meet your fellow participants through our online platform.
* To access the Agrifood-Tech Investing Roundtable, make sure you choose the VIP Ticket option.
Under today's unique circumstances, AgFunder is re-opening Fund III for a limited time to enable investors to join our mission and invest alongside us as LPs in a second close. Learn more here.
According to The World Bank’s recent report on the impact of COVID-19 in Sub-Saharan Africa (April 2020) (the “World Bank Report”), it is projected that economic growth in Sub-Saharan Africa will decline between -2.1% to -5.1% in 2020, in part due to a sharp decline in trade with China and Europe; the first recession in the region in 25 years.
One sector that will suffer the most from this reduction in trade in agriculture. According to the World Food Programme, one of the biggest impacts will be on food security, seen through limited access to food, restrictions on labour and imports and price fluctuations. The absolute and undeniable reality is that we have to produce more, and do it with less. This can only be done through innovation in food production. There is a clear opportunity here for both technology companies and investors to not just help revolutionise Africa’s agricultural industry and food supply systems but tap into a potentially lucrative market.
The implementation of technology into the agricultural, farming, food and supply chain industry is becoming more and more important. COVID-19 is putting pressure on the agricultural industry to redefine its farming and food supply chains and to accelerate the pace at which it commercialises and adopts new Agtech innovations to deliver sustainable change.
The event will address questions such as:
How Agtech is enabling the safe sale and supply of fresh food during the Coronavirus pandemic and lockdown
Rising to the challenge and coming up with creative offerings – a few silver linings amid the pandemic’s devastation
Within chaos there is an opportunity – the smartest companies that are stepping up and pushing things forward
Food security insight and foresight – ensuring Africa’s agricultural productivity
PLENARY OPENING SESSION
Technology is being touted as the enabler of a new era of African agricultural prosperity
Chair: Lousia Burwood-Taylor, Head of Media & Research, AgFunder & Chief Editor, AgFunder News, USA
Mark Kahn, Co-Founder, Omnivore, India
Anita Woods, VP Product, WeFarm, Kenya
4x PARALLEL ROUNDTABLE SESSIONS
Roundtable 1 (closed session for VIP Ticket holders only):
Agrifood-Tech Investing – Investors & funders talk trends, capital available & investing criteria
David Maina, Executive Director, Alphamundi Group, Kenya
Roger Frank, Managing Director, Innovare Advisors, USA
Benjamin Schmerler, Managing Director, SUNU Capital, Kenya
Gerhard Visagie, Executive Director, AgVentures, South Africa
Brian Frimpong, Managing Partner, Zebu Investment Partners, Ghana
Martin Slawek, Senior Project Leader, Open Capital, Kenya
Sarah Ngamau, Managing Director, Creadev, Kenya
Roundtable 2: New ways of serving the farmer
Ritika Sood, Senior Partner Relations Manager, Arifu, Kenya
Roundtable 3: The latest innovation wave shaping the future of food and agriculture
Roundtable 4: AgTech global adoption rates and investment and what this means for Africa
Chris Rhodes, Innovation Lead, University of Georgia (formerly Director of Business Development, Global Fuse team, AGCO), USA