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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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The OpenAg Foundation Launches Raising $1.3 Million USD for Water Security Project to Help One Million in Southern Africa
The boreholes will supply clean water to people, livestock, and wildlife, enabling farmers to irrigate crops and easing tensions in regions where scarce resources have fuelled conflict.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Press Release: ADB, CGIAR, and Gates Foundation Partner to Transform Rice Sector, Uplift Millions of Smallholder Farmers in Asia and the Pacific
Initial projects are being developed in Bangladesh, Cambodia, the People’s Republic of China, Pakistan, and the Philippines.
- Categories
- Agriculture, Investing
- Region
- Global
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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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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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As U.S. Foreign Aid Drops, United Nations Agencies That Provide Aid Worldwide Slash Jobs or Cut Costs
One WFP official called the cuts “the most massive” seen by the agency in the past 25 years, and that as a result, operations will disappear or be downsized.
- Categories
- Agriculture
- Region
- Global
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Mental Health and Climate Change: When a Global Crisis and Planetary Emergency Collide
Climate change’s adverse mental health effects are taking a disproportionate toll on the world’s nearly 1 billion people with pre-existing mental health conditions, or psychosocial disabilities.
- Categories
- Environment, Health Care
- Region
- Global
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ENGIE Energy Access Tanzania to Receive EUR 1.3 Million of Results-Based Financing to Scale Up Access to Clean Cooking
The company is well known for its solar home systems in Tanzania, and it is well placed to expand its business to biodigesters.
- Categories
- Energy, Environment
- Region
- Sub-Saharan Africa
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