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Kenyan Agritech Startup, Shamba Pride, Secures $3.7 Million for the Expansion of Its Merchant Network
Shamba Pride uses digital technology to equip agro-dealers, empowering them to manage their businesses and order inventory efficiently.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Nigeria’s Zebra CropBank Attracts Funding to Bolster Africa’s Small-Scale Farmers
The funding is aimed at expanding Zebra CropBank’s activities, predominantly via the deployment of solar-powered micro-warehouses.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Governor Abdulrazaq Inaugurates Steering Committee For SAPZ Project in Kwara, Nigeria
Supported by the Islamic Development Bank and counterpart funding from the state government, SAPZ is a $57.2m project designed to promote agroprocessing and sustainable farming.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Floods, Drought… African Farmers Soon to Be Insured to the Tune of $1 Billion
More than 40 million farmers in Africa could soon benefit from financing to manage the risks to their crops from climatic phenomena such as floods and drought.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Rwanda Launches $2 Million Facility to Provide Financial and Technical Support to Agritech Startups
The allocation of funds is set to tackle food-related challenges in the nation and stimulate innovation in East Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Allianz and Dutch Development Bank Back $1.1 Billion Sustainable Loans Fund
The fund is the largest of its type since 2018 and one of the five biggest to date, according to Convergence.
- Categories
- Agriculture, Energy, Finance, Investing
- Region
- Global
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Upcycled Cacao Fruit Juice, Anyone? Investors Gave Swiss-Ghanaian Startup $15 Million to Scale Koa Pure
The upcycled cacao startup makes products from the fruit of the plant, and its latest investment round involves both returning and new investors.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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COP28: World Bank Unleashes $100 Million for Climate-Smart Agriculture in Africa
The World Bank’s International Development Association (IDA) is set to inject $100 million into the Accelerating Impacts of CGIAR Climate Research for Africa (AICCRA) project between 2024 and 2025.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa