Farmerline raises $13m to connect West African farmers with services, buyers with data
April 26, 2022
The agribusiness marketplace for Ghanaian smallholders has raised $6.5 million in equity and $6.4 million in debt.
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Tag: impact investing
5 African climate-smart agriculture investors helping close a $106bn climate finance gap
April 22, 2022
For Earth Day 2022, we explore some of Africa’s ecosystem enablers working to support and finance climate-smart agriculture startups.
AgFunder-backed GROW Impact Accelerator reveals its latest cohort of cutting-edge startups
April 11, 2022
The 10 latest startups to join the GROW Impact Accelerator include tech solutions for protein deficiency, beekeeping, and livestock antibiotic resistance.
Q&A: How AgDevCo will use $90m from CDC, others to boost Africa’s mid-size agribusinesses
March 16, 2022
It’ll now be able to back more high-growth, ‘mid-cap’ agribusinesses aiming to become regional and global players, says chief investment officer Chris Isaac.
In Ghana’s agrifoodtech sector, investors and entrepreneurs share mutual skepticism
February 28, 2022
Ghana’s nascent agrifoodtech sector is active, but investors lack familiarity with the market while entrepreneurs are cautious of raising capital too soon.
10 startups join Endeavor & FMO’s cohort to accelerate agrifoodtech in Africa
February 23, 2022
The year-long program is designed to prime Africa’s agrifoodtech VC pipeline by supporting early-stage startups with investment and business readiness.
Asian firms top list of protein producers at risk of incubating next pandemic
February 16, 2022
Nearly two-thirds of the world’s largest meat, fish, and dairy suppliers present a “high risk” of spreading zoonotic disease from livestock to humans.
EOS Capital’s Euphrates Fund wants to give Namibia’s ag sector a climate-friendly upgrade
February 9, 2022
The woman-led fund has raised $5.7 million to help the country’s ag sector embrace technology, improve climate resilience, and empower women.
Q&A: Ignatius Akpabio on TradeDepot’s $110m raise & Africa’s e-commerce surge
February 4, 2022
Fresh off its $110 million funding round, Nigeria’s TradeDepot is pushing the boundaries of digitalization and financing for Africa’s small food businesses and retailers.
Q&A: VestedWorld’s Euler Bropleh on the opportunity of investing in ‘the basics’ in Africa
January 26, 2022
Chicago-based impact investment fund VestedWorld has supported more than 20 African startups addressing critical social and market needs, like improving cost and value chain for food.
In Kenya, Apollo Agriculture is building a pathway to commercial farming
January 24, 2022
The Kenyan agtech venture is helping small farmers shift toward sustainable commercial farming with access to seeds, finacing and markets.
In first Africa investment, Aqua-Spark backs Lake Harvest to spur local farmed fish production
January 19, 2022
The Dutch VC invested in the 25-year-old tilapia farming company to curb Africa’s reliance on food imports and address skyrocketing protein needs.
Apply for AgFunder & GROW’s 2022 Impact Accelerator
January 18, 2022
The GROW Impact Accelerator is focused on innovations that allow for scalability while delivering tangible impact at an environmental or social level.
Q&A: AFEX’s $100m bond aims to unlock climate-smart capital for Nigeria’s ag sector
January 14, 2022
The Food Security Fund will be used to finance 250,000 hectares of commercial and smallholder farmland in Nigeria for climate-smart production.
OKO Finance is delivering crop insurance to cushion Mali’s farmers from climate change
December 21, 2021
OKO Finance offers crop insurance to smallholder farmers in Mali – one of the few fintech companies focusing on the landlocked West African country.
Q&A: Aerobotics co-founder James Paterson on centering the farm in ‘farm tech’
November 29, 2021
The Cape Town-based startup considers itself a farming company enabled by technology, rather than a tech company working in ag, says CEO James Paterson.
Zebu Investment Partners is supporting African agriculture from ‘dirt to dinner table’
November 24, 2021
The South African private equity firm’s second fund invests in the tech enablement of Africa’s SME agribusinesses – the backbone of the continent’s agriculture sector.
Nectar, Goodmylk backed by Telus’ $100m ‘responsible agriculture’ fund
November 23, 2021
The Canadian telco’s social impact fund boosts the number of agtech startups in its portfolio with this latest round of investments.
Agtech innovation will be key to Kenya’s Covid-19 economic recovery
November 19, 2021
Kenya has emerged as a hotspot for agtech innovation in Africa, developing more than 100 solutions driving growth, productivity and sustainability in the agricultural sector.
Get It is redesigning the food distribution chain in Rwanda – all of it
November 12, 2021
The Rwandan company has experienced — and taken on — the full range of food production, manufacturing, and distribution challenges one would expect in a frontier market, says founder Lauren Nkuranga.
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