Can data-driven solutions change Africa’s agriculture sector?

Tuesday, October 29, 2013

The lack of capital hinders the ability of farmers to improve their production and maximize the potential of the industry to tackle food security issues and address poverty reduction goals.

Devex Impact spoke with Sara Menker, a former commodities trader who less than two years ago founded Gro Ventures, a data analytics and advisory business focused on African commodities that has designed special lending products and made a commitment to work with banks to lend $25 million to the continent’s agricultural sector by the end of 2015. She believes the key to improving access to capital in the sector is data.

Source: Devex (link opens in a new window)

Categories
Agriculture
Tags
agribusiness, smallholder farmers