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Brazilian Startup Nagro Raises $49 Million
In total, Nagro has granted over $60M in credit to more than 5,000 rural producers and farmers.
- Categories
- Investing, Technology
- Region
- Latin America
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Complete Farmer, a Ghanaian Agritech Startup, Gets $10.4 Million Pre-series A Funding to Streamline Operations
The startup aims to revolutionise African farming practices by developing the necessary physical and technical infrastructure to boost efficiency along the entire value chain of agriculture.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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Rethinking Scale in Agribusiness: An Impact Investor Explores the Massive Benefits of Being Small
Many impact investors have adopted the mindset of traditional venture capital, seeking out companies with the potential to reach millions of customers. But Chris Wayne and Coco Lim at Acumen argue that this single-minded focus on scale ignores the realities of agribusinesses in emerging markets, and overlooks small businesses' potential to make a deeper impact. They explore why impact investors should focus on more than just the number of "lives impacted” by their agriculture investments, moving toward a more nuanced understanding of scale in this crucial sector.
- Categories
- Agriculture, Investing, Social Enterprise
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Black Ostrich Ventures Launches $20 Million Fund to Back Startups Outside Africa’s “Big Four”
US-based firm, Black Ostrich Ventures has raised a $20 million fund to invest in cleantech, supply chain, agritech, and edtech in Tanzania, Zambia, Morocco, and Uganda.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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€73 Million for Electrification and Sustainable Agriculture in Madagascar
TalakyBe will be implemented in 25 rural councils in the Anosy region in south-east Madagascar.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
- Tags
- agtech, forests, renewable energy, solar
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Philippines’ Bank of Philippines Island’s Green Bond Gets $250 Million Investment from International Finance Corporation
The Philippines' third largest bank issues a green bond to finance renewable energy and electric vehicles in the IFC’s biggest deal with a financial institution in the country yet.
- Categories
- Agriculture, Energy, Investing, Transportation
- Region
- South Asia
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ZoomAgri Secures $6 Million in Series A round
The company provides machine learning-based industrial equipment to determine the variety and quality of crops in agribusiness.
- Categories
- Agriculture, Technology
- Region
- Global
- Tags
- agtech
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Unlocking Data-Driven Policymaking: A Digitalisation Programme in Rwanda Shows the Impact of Improved Storage on Agriculture Prices — And the Value of Digital Data
Transporting produce in Rwanda is difficult, and the country’s storage infrastructure is limited. To better understand these challenges and their potential solutions, Cenfri has been analysing the country’s agriculture sector as part of its efforts to support digitalisation and data-led decision-making in government. Olivia Rutayisire and Pieter Janse van Vuuren at Cenfri share insights from this work, exploring how digital data can impact government initiatives that aim to support farmers and optimise agricultural markets.
- Categories
- Agriculture, Technology
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