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Swedfund Invests $10 Million to Support MSME Lending in East and Southern Africa
Swedfund, Sweden’s development finance institution, has signed a USD 10 million loan to Platcorp Holdings Limited to support lending to micro, small, and medium-sized enterprises (MSMEs) in Kenya, Uganda, Tanzania, and Zambia.
- Categories
- Agriculture, Finance
- Region
- Sub-Saharan Africa
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India Keen to Strike Trade Deal With US but Wary About Crossing Red Lines on Agriculture, Dairy
Indian Farmers' groups oppose the US push for easier access to the Indian market for US produce – soy, dairy, wheat, rice and apples.
- Categories
- Agriculture
- Region
- Global
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Google Drives AI to Boost Agriculture, Enrich Cultural Data in India
Google unveiled its new Agricultural Monitoring & Event Detection API, offering field‑level crop insights updated fortnightly, and launched the Amplify Initiative to build hyperlocal datasets across Indic languages.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Airtel Money and TCDC Partner to Launch Digital Finance Drive for Tanzanian Farmers
Beyond direct payments, the partnership will facilitate access to affordable smartphones, offering a gateway to the digital economy for many who were previously underserved.
- Categories
- Agriculture, Finance, Telecommunications
- Region
- Sub-Saharan Africa
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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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CLASP and GEAPP Expand Access to Affordable, Energy-efficient Appliances in Africa
CLASP and GEAPP scale up their innovative financing program to support more African businesses and farmers with affordable, energy-efficient appliances.
- Categories
- Agriculture, Energy
- Region
- Sub-Saharan Africa
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Blue Earth Commits $30 Million to Agricultural Commodities Firm
Valency International operates large-scale commodity processing facilities across four countries in Africa and Asia.
- Categories
- Agriculture, Investing
- Region
- Global
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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