Data snapshot: Kenya, Nigeria and Egypt lead the way for agrifoodtech investment in Africa
September 21, 2023
Kenya, Nigeria and Egypt cumulatively raised 86% of all funding in 2022 for African agrifoodtech startups.
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Tag: Nigeria
Meet the GROWhort: Veggie Victory makes animal-free meat alternatives for African palates
August 5, 2022
The Nigerian startup is working to solve Africa’s protein shortfall by developing plant-based products that seamlessly substitute animal meat in local dishes.
An eventful week for African agtech as 2 startups raise close to $100m
March 25, 2022
Nigeria’s ThriveAgric and Kenya’s Apollo Agriculture raised close to $100 million between them this week in a watershed moment for African agrifoodtech.
12 agtech takeaways from 12 global agriculture experts
March 25, 2022
Rhishi Pethe interviewed 12 agriculture experts from around the world for his new charity e-book. Here are key takeaways from each conversation he had.
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: 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.
Nigeria’s Grocedy is fighting food inflation with grocery subscriptions
December 23, 2021
E-grocery exploded during the Covid-19 pandemic. In Nigeria, Grocedy’s focus is on helping consumers save on rising food costs rather than shopping convenience.
Vendease wants to be the Amazon for Nigeria’s food vendors
December 9, 2021
The Lagos-based startup is aiming to make the country’s food supply chain much more predictable for stakeholders by using data, drivers, and loans.
HerVest’s digital savings app gives Nigeria’s female farmers a financial on-ramp
October 29, 2021
The fintech startup is creating a digital community of women who are financially empowering other women – namely, unbanked smallholder farmers.
Agricorp is spicing things up for Nigerian farmers following $17.5m funding
October 18, 2021
The Lagos-based startup is connecting local smallholder farmers to the international spice markets.
Acumen’s new ag fund ushers commercial capital to farmers’ fight against climate change
September 16, 2021
The impact investor aims to prove the commercial “climate resilience” opportunity in African agtech ventures like Kenya’s SunCulture and Nigeria’s Tomato Jos.
VeggieVictory is making meat alternatives suited to African tastes
September 8, 2021
The Nigerian startup’s goal is two-fold: to offer affordable meat alternatives to African consumers, and to match local taste and texture preferences.
Nigeria’s TradeDepot raises $10 million in pre-Series B funding
July 17, 2020
The Lagos-based startup seeks to bring some formality to Africa’s extensive, informal agrifood supply chain, by providing stakeholders with digital tools and mentoring.
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