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EU-Funded AgriFI Backs Ghana’s Complete Farmer with $2.5 Million Investment to Empower Smallholder Farmers
This funding, channeled through the EDFI Management Company, aims to bolster the company’s expansion strategy and facilitate the development of agricultural infrastructure in northern Ghana.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Building a Better AgTech Funding Model in Africa: Three Key Challenges Behind the Ecosystem’s Loss of Momentum
Startups operating at the nexus of climate and agriculture in Africa have attracted over $1 billion in venture funding over the past decade. But as David Saunders and Ludovica Fioravanti at Briter and Harsha Vishnumolakala at CPI explain, despite the important role this funding can play in supporting innovative African AgTech startups, it has fallen to around $200 million a year — less than half the $500 million raised in 2022. They explore the risks this decline presents to the continent's AgTech ecosystem, and share three key priorities for building a better funding model in Africa and other emerging markets.
- Categories
- Agriculture, Investing, Technology
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South Africa Agri-Tech Startup Nile Raises $11.3 Million to Help More Farmers Trade, Transact Digitally
South African agri-tech startup Nile has raised ZAR200 million (US$11.3 million) in funding to accelerate its growth across Southern Africa.
- Categories
- Agriculture, Technology
- Region
- Sub-Saharan Africa
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The PURE Growth Fund Opens Call for Proposals for Clean Energy and Agribusinesses in Tanzania
The Pure Growth Fund is a transformative initiative to accelerate the Productive Use of Renewable Energy (PURE) within Tanzania's agri-food systems and unlock low-emission development pathways for the country.
- Categories
- Agriculture, Energy, Technology
- Region
- Sub-Saharan Africa
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Argentinian Agtech Calice Raises $2.5 Million Seed Round
Calice will use the funds to expand in Brazil and the US and to launch new products.
- Categories
- Agriculture, Technology
- Region
- Latin America
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Ripple Launches Second Blockchain Pilot in Colombia to Empower Smallholder Farmers
Ripple’s new Colombia pilot uses XRP Ledger for traceability and microfinance, targeting 300 smallholder farmers producing panela.
- Categories
- Agriculture, Technology
- Region
- Latin America
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Funding African Solutions to the Climate Crisis: Why Local Venture Capital Innovation Holds the Key to Climate Resilience
Africa contributes just 4% of global carbon emissions and faces the world’s most devastating climate impacts — yet it receives only 3.3% of global climate finance (as of 2021/22). Dotun Olowoporoku and Dolapo Morgan at Ventures Platform argue that this disparity presents an urgent need for locally-developed innovation driven by African venture capital. They explore how African VCs can leverage this opportunity to play a central role in the continent’s climate response.
- Categories
- Agriculture, Energy, Environment, Investing
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Pioneer Facility Announces First Bangladesh Investment in Agri-Tech Innovator iFarmer
The Singapore-registered fund provides flexible debt financing to growth-stage climate enterprises driving social and environmental impact for marginalized communities.
- Categories
- Agriculture, Environment
- Region
- Asia Pacific
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