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Press release: New €200 million impact fund launched to scale agribusiness in developing countries
Small scale farming is one of the biggest industries in the world, with 500 million small farms and 2.5 billion people relying on small scale farming on a daily basis. The demand for impact investing in rural agriculture is growing as investors strive to end poverty and hunger to support the UN’s Sustainable Development Goals. The ABC Fund will also focus on creating employment, particularly for young people in Africa, to offer them an alternative to migration.
- Source
- Press release
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
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Mercy Corps unveils $5 million AgriFin Digital Farmer initiative in Kenya
The program will result in increased smallholder farmer inclusion, productivity and income, as well as a range of digitally enabled models and institutional partners to drive inclusive agricultural transformation with direct benefit to smallholders throughout Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Finnfund Boosts Sustainable Avocado Farming In Tanzania
Sustainable avocado farming is a viable alternative for Tanzania’s Kilimanjaro region farmers whose livelihoods have been shaken by the plunging price of coffee.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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‘Appeasement Reporting’ in Development Projects: Satisfying Donors at the Expense of Beneficiaries
“Appeasement reporting” is a common practice among development organizations, says Richard Tinsley. The term refers to their tendency to slant donor reporting, making all projects appear successful and concealing any failures or lack of beneficiary interest. This appeases donors hoping for impactful projects – but it has a detrimental effect on beneficiaries, future projects and the organizations involved. Tinsley explores the causes and consequences of this practice, using the example of farmer co-ops for smallholders.
- Categories
- Agriculture, Impact Assessment
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From Iowa to India: The Importance of Entrepreneurship in Promoting Human Dignity
Farmers in both developed and emerging countries are facing similar challenges, from water shortages and climate change to stagnant crop prices. With many Indian farmers abandoning their rural communities in favor of growing urban centers, Chris Owen, a University of Michigan student and 2018 WDI Global Impact Fellow, asks how cities will meet their residents’ need for food, water and gainful employment. He explores the work of Poornatha, a Madurai-based social enterprise that’s tackling these issues through entrepreneurship education.
- Categories
- Agriculture, Entrepreneurship
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Quick Wins for Digital Agriculture: Why Digitizing Aggregation Centers is a Fast Path to Long-Term Impact for Smallholders
Discussion of digital agriculture innovation often focuses on buzzworthy technologies like the internet of things, artificial intelligence and blockchain. But though these technologies will eventually define the future of the sector, Ananth R Gudipati at the World Food Programme and Paul Kweheria at Mercy Corps say we should start with the basics – getting farmer organizations and SMEs to use digital tech to streamline their operations. They share insights from a digital platform developed by the Farm to Market Alliance that’s doing just that.
- Categories
- Agriculture, Technology
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Sustainable Connectivity: How Biofuels Can Boost Mobile Access, Support Small Farmers – And Fight Climate Change
Mobile connectivity is sweeping through rural Africa and Asia – but it has a major drawback. It’s dependent on cellular towers that often rely either on diesel power, which has economic and ecological costs and limited availability, or solar panels, which require clear, sunny skies. Fortunately, another solution is emerging: bioenergy. John Garrity, Dennis Garrity and James Daniel at the Evergreening Global Alliance explore its positive impact on food security, grid infrastructure and global climate change.
- Categories
- Agriculture, Energy, Environment, Technology
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Viewpoint: Ethiopia’s wheat yields are among the worst in Africa, this is what it is doing to change this
Many farmers fail to adopt modern inputs or farming techniques that would increase productivity due to several constraints, such as lack of available technology, limited liquidity, high perceived risk, constrained access to information, and poorly functioning output markets.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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