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Press Release: Persistent Launches US $70 Million Persistent Africa Climate Venture Builder Fund and $5 Million Venture Building Facility
The launch of the Fund comes against the backdrop of Africa facing a disproportionate share of climate risk while receiving only a small fraction of global climate financing.
- Categories
- Agriculture, Energy, Investing
- Region
- Global
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$48 Million First Close for Aqua-Spark Africa Aquaculture Fund
Aqua-Spark has announced the official first close of its new Aqua-Spark Africa fund at USD 48 million, marking a significant milestone in the development of aquaculture across sub-Saharan Africa.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Press Release: Sistema.Bio Raises $53 Million to Launch FarmCarbon—An Innovative Funding Vehicle Aimed at Expanding Climate Finance for Smallholder Farmers and Accelerating Methane Mitigation
FarmCarbon will facilitate financing for more than 90,000 Sistema.bio digesters on farms worldwide to capture and destroy methane, creating emissions reductions of over 9 million tonnes of CO₂ equivalent.
- Categories
- Agriculture, Investing
- Region
- Global
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Press Release: IFC Backs Paraguay’s First Green Fertilizer Plant, Creating Jobs, Advancing Sustainable Agriculture and Food Security
The project is expected to positively impact employment opportunities, with over 1,265 new direct jobs created during the construction phase, and nearly 200 skilled and semi skilled positions during operations.
- Categories
- Agriculture
- Region
- Latin America
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Uganda’s Zigoti Secures $1 Million Funding From Sahel Capital to Support Smallholder Farmers
Zigoti sources its coffee beans from a network of more than 4,000 smallholder farmers, providing not only a stable market for their harvests but also offering a range of extension services, training programmes, and value-added support aimed at improving crop quality and farmer livelihoods.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Western AI Models “Fail Spectacularly” in Farms and Forests Abroad
Big Tech’s AI tools trained on Western data often can’t recognize local crops, forests, or farming conditions without adaptation to local environments, and there is a risk that a focus on profit by big tech firms and large agriculture companies will hurt farmers.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Analysis: Smartphones, Women’s Rights and Coupons: New Trends That Can Boost Insurance for African Farmers
Storms, drought, floods and heatwaves are a disaster for small scale farmers in Africa, who can’t all afford insurance. Yet new, technologically advanced and cheaper types of agricultural insurance exist and could be rolled out across Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Big Tech ‘Leave Poor Farmers Sidelined’ In AI Revolution
The report published Wednesday by the International Panel of Experts on Sustainable Food Systems (IPES-Food) highlights how tech giants such as Google, Microsoft, Amazon and Alibaba are shaping the future of farming through cloud platforms and Artificial Intelligence (AI) tools, attracting substantial public and private investment.
- Categories
- Agriculture, Technology
- Region
- Global
