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How India Can Transform Its Fertilizer Subsidy Program
India is the second-largest user of fertilizer in the world, after China. It offers subsidies on fertilizers to make them affordable to the country's 150 million farmers – and ultimately, to ensure food security. But as Ritesh Rautela and Anurodh Giri at MSC point out, an estimated 65% of this fertilizer does not reach the intended beneficiaries – and the system has faced leakages and uneven usage among recipients. They propose a tech-fueled solution that could benefit both farmers and the Indian government.
- Categories
- Agriculture, Technology
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Technology Innovations Look To Change the Cacao Landscape in Colombia
As Colombia searches for a way forward after a half-century of war, the cacao tree (Theobroma cacao) could have a significant role to play. Called the food of the gods, this squat tropical hardwood holds exceptional social and environmental promise in the intractable expanses of the country.
- Categories
- Agriculture, Entrepreneurship, Environment
- Region
- Latin America
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Bayer Expands Better Life Farming Initiative in India; Empowers Smallholder Farmers Across Six States
After the successful implementation of its ‘Better Life Farming’ initiative in Uttar Pradesh and Jharkhand, Bayer has now expanded the initiative to Bihar, Madhya Pradesh, Odisha and West Bengal. Better Life Farming aims to provide smallholder farmers with access to modern agri-inputs and farming advisory and enable additional income generation through rural agri-entrepreneurship.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Press Release: The ABC Fund Scales Agriculture SMEs in Kenya and Uganda With $2 Million Revolving Credit Facility for FACTS
The Agri-Business Capital (‘ABC Fund’) has signed an agreement for a $2 million revolving credit facility to FACTS Advance BV (‘FACTS’) to provide short-term trade finance solutions for SMEs in Kenya and Uganda primarily operating in the agriculture sector.
- Categories
- Agriculture, Entrepreneurship, Finance
- Region
- Sub-Saharan Africa
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Analysis: Revolutionising Nigeria’s Microfinance Landscape Through Insurtech
According to Augusto & Co’s estimates for the 2019 financial year, the insurance industry in Nigeria generated gross premium income (GPI) of N471 billion, approximately 12% higher than the preceding year’s GPI. Compared to other African countries like Kenya and South Africa with 2.9% and 14% respectively, insurance penetration in Nigeria is low.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Farmers Pay Dearly for Fragmented Food System in Kenya
Thande and her family have been floriculturists for years. Venturing into vegetable farming, however, brought her face to face with Kenya’s frustrating food system.
- Categories
- Agriculture, Coronavirus
- Region
- Sub-Saharan Africa
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Good Nature Agro Closes Series A Funding of $2.1 Million
Good Nature Agro, a Zambian company working from end-to-end within the specialised legume value chains, has announced that it closed Series A equity funding totalling $2.1 million.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Viewpoint: Can Economics Trump Politics To Usher in Agricultural Reforms in India?
Indian agriculture has a fundamental problem: around 50 per cent of India’s work force in the agriculture sector contribute only 17 per cent to India’s GDP. This low productivity is the root cause of the low income and economic hardships of farmers.
- Categories
- Agriculture, Finance
- Region
- Asia Pacific
Parent Organization
