Sessions at the AfricArena Grand Summit had diverse panels discussing investments and changing narratives on the perception of Africa’s startup ecosystem.
African Agrifoodtech investment deals in 2021 were dominated by seed stage deals, which took 80% of 150 deals recorded.
A look into the flow of venture capital into the agrifootech industry shows Launch Africa, Flat6Labs Cairo led in financing startups
Vendease is on a mission to be ‘Africa’s Amazon for food vendors’ by automating food supply.
Farmerline claims to have reached over 1.5 million farmers in 35 countries via its Mergdata platform.
Mzansi Meat’s Brett Thompson and Tasneem Karodia discuss how their company and South Africa’s cultivated meat industry could evolve in the near future.
The Africa Agrifoodtech Investment Report 2022 by AgFunder, FMO and BII reveals that $482.3 million was invested into the agrifoodtech industry in 2021
The trend for African alternative protein startups is coming to the African continent. Here’s a closer look at five of them.
The partnership claims to already support close to five million people’s water supplies in Ethiopia and Kenya.
Kenya’s iProcure closes $10.2 M in a Series B led by impact investor I&P
Ghana’s Wangara Green Ventures is an impact and climate focused fund supporting small and growing climate-friendly businesses.
American ag equipment manufacturer John Deere made a minority investment into the tractor sharing and management platform, Hello Tractor. Here’s why.
UM6P, the venture arm of the Moroccan university with the same name, says the deals are “investment-partnerships” as the two startups stand to benefit from scientific support and testing of their technologies at the university.
Ghanaian agrifintech AgroFides is linking farmers to lenders and using its credit scoring tools to build their financial profiles to unlock more financing.
Taimba, a Kenyan B2B agritech startup, has expanded its marketplace to offer transportation, cold storage, fintech solutions and is now eyeing up input procurement too.
Marica Quarsingh calls her cell-cultured seafood startup, Sea-Stematic, the “Tesla of seafood” to communicate how seafood should be produced: sustainably and with the right market insights.
Crop2Cash’s online sales and payments marketplace is helping Nigeria’s unbanked farmers build a financial identity and improve their livelihoods.
Nigeria’s female-led Traders of Africa is helping facilitate the trade of African sourced produce, bridging the trust divide between buyers and sellers while at it.
The US startup recently raised $5.5 million in Series A funding to accelerate development and adoption of its water management sensors.
A new report by Graze indicates that agrifintech claimed almost 1% of the $600 billion in total worldwide VC investment last year.
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