Q&A: How AgDevCo will use $90m from CDC, others to boost Africa’s mid-size agribusinesses
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.
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.
The Israeli company will further develop its smart irrigation tech API for smallholder farmers facing the impacts of climate change.
East Africa faces drought, livestock deaths, and starvation. Rapid digitalization is helping – but infrastructure development needs to keep pace.
The Jakarta-based startup links sellers of fertilizers, seeds, and other inputs with local ag stores that serve smallholder farmers across Indonesia.
The Dakar-based startup is boosting linkages between smallholder farmers and small-scale vendors in Senegal’s informal retail sector.
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.
The Kenyan agtech venture is helping small farmers shift toward sustainable commercial farming with access to seeds, finacing and markets.
It’s boosting farm incomes and reducing food waste by providing logistics, warehousing, and financing solutions to small-scale grain growers.
Agrolend will use the funds to increase its credit portfolio, enabling more options for farmers using its fintech platform.
The Chennai-based startup will use the Series D funds to expand into “aligned” categories including alt-protein, according to CEO Karthik Jayaraman.
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 offers crop insurance to smallholder farmers in Mali – one of the few fintech companies focusing on the landlocked West African country.
InspiraFarms is deploying off-grid cold storage technology to help Kenya cut hundreds of millions of dollars of seasonal food waste.
Cellular agriculture startups aim to solve agrifood’s biggest sustainability problems. But smallholders must be part of the solution, writes Saron Berhane.
The farm laws “were for the benefit of farmers, but we could not convince a section of them despite our best efforts,” said Prime Minister Narendra Modi.
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.
It’s on a mission to help India’s 100 million dairy farmers and workers get access to formal banking and other financial services.
The Ghanaian startup allows crowdfunders – which it calls ‘digifarmers’ – to invest in African smallholdings, and then digitalizes the ag value chain end-to-end.
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.