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Meet the Agritech Entrepreneurs Who Just Raised $6 Million to Help Farmers in Kenya Grow Their Business
Our research Powering Youth Employment through the Mobile Industry in Sub-Saharan Africa by 2025 found that as of 2018, the mobile industry directly employed 1.2 million youth (three out of five people) in the informal sector, in roles predominantly associated with distribution (e.g. airtime resellers). We also estimated that by 2025, total direct employment in the sector will grow by 26%, accounting for 2.4 million jobs, 500,000 of which will be new jobs.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Press Release: Boost for Farmers in Africa as Food Security Platform Ujuzikilimo Partners With Venture Capital Firm
Small scale farmers in Africa are set to enjoy Kshs 18million worth of technical support as part of a social-economic recovery initiative by an agricultural technology solutions provider.
- Categories
- Agriculture, Coronavirus, Technology
- Region
- Sub-Saharan Africa
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IFAD Makes Landmark Investment in Impact Fund Helping Rural SMEs
In a continuation of its efforts to help small-scale farmers and micro-, small and medium size rural enterprises in developing countries create jobs and increase incomes, the International Fund for Agricultural Development (IFAD) announced today an investment of US$9 million (€8.4 million) into the Agri-Business Capital (ABC) Fund, a blended capital impact fund.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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An Invention That Could Salvage African Soil From Poor Yields
The UD Tech Farm System is a social impact innovation kit that instantly analyses the soil moisture, the pH and nutrient levels, and then sends an SMS notification to the farmer in real-time.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Viewpoint: Nigeria Needs to Close the Financial Inclusion Gap for Women Smallholder Farmers
Women smallholder farmers in Nigeria are involved in all aspects of agriculture. Yet, because they are women, they are held back by unequal access to resources that would help them become more successful.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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Agritech Startup Clover Raises $5.5 MN From Omnivore, Accel
Clover is an agritech platform that works with farmers across India and markets greenhouse-grown produce through business to business (B2B) and business to consumer (B2C) channels.
- Categories
- Agriculture
- Region
- South Asia
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Viewpoint: India Can’t Have True Reform in Agriculture If We Keep Hitching It to Rural Development
By glossing agriculture as aspirational, one only reinforces the view that agriculture is some sort of residue, a stalled structural transformation, a subsistence industry, or a buffer stock for food grains. But agricultural commodity markets have always been at the very heart of development.
- Categories
- Agriculture
- Region
- South Asia
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Badly Needed, Hard to Deliver: The Challenges of Selling Drought Insurance to African Farmers
Millions of poor farmers in Africa can't move beyond subsistence levels because of droughts and other weather disasters. Insuring farmers against these risks is key to helping build their resilience to climate shocks. But providing this insurance – while making a profit – is no easy matter. Jim Hight explores the challenges in discussing WorldCover, a drought insurance provider that's gaining traction in Africa.
- Categories
- Agriculture, Finance
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