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Hello Tractor Is Set to Pilot a New PAYG Tractor-Financing Product With the $1 Million Prize Award From Heifer International
Last year, the company suffered as a result of the COVID-19 pandemic. However, the new investment Hello Tractor has received as a co-winner of the US$1.5 million Heifer International AYuTe Africa Challenge served as a silver lining in the business’s dark cloud.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Nigeria Based Agricorp Raises $17.5 Million Pre-Series A Funding to Enhance Global Food Systems
Agricorp supports smallholder farmers with inputs and training on good agronomic practices, and with this funding they
will build more processes that enhance global food systems.- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Food Waste Start-up Agricycle Global Raises $2.4 Million Seed Round
The start-up works across Sub-Saharan Africa with local farmers and communities to upcycle food ingredients and build a sustainable supply chain.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
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Press Release: The ABC Fund Supports Bolivian Microfinance Institution CIDRE IFD With Multi-Million-Dollar Investment
The Agri-Business Capital Fund (‘ABC Fund’) has announced that it is investing USD 4.7 million in Centro de Investigación y Desarrollo Regional (‘CIDRE IFD’), a microfinance institution providing financial support to smallholder farmers in Bolivia.
- Categories
- Agriculture, Finance, Investing
- Region
- Latin America
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Analysis: Community Seeds and Fertilisers: An Alternative Route to Food Security
Governments may put an emphasis on imported seeds and synthetic fertilisers to obtain high yields, but traditional African approaches can produce resilient and sustainable crops.
- Categories
- Agriculture
- Region
- Sub-Saharan Africa
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Supporting Farmers and Food Systems: How Crowdfunding Can Address Funding Challenges for Agricultural SMEs in Africa
Agriculture employs over 70% of the working population in Africa, making it a cornerstone of the continent's economic progress and livelihood development. But as Esther Mweru and Jerry Sellanga at 2SCALE explain, the financial strain of COVID-19 — combined with previously existing market inefficiencies — is putting many vulnerable farmers and agricultural small and medium enterprises (SMEs) at risk. They explore how crowdfunding can provide a financial lifeline to these smallholders and businesses, and discuss how 2SCALE is using it to support agribusinesses in Mali, Nigeria and Kenya.
- Categories
- Agriculture, Finance, Technology
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Bangalore-Based Agritech Robotics Startup TartanSense Raises $5 Million in Series A Funding
TartanSense builds small agricultural robots equipped with AI-assisted computer vision to help small farms reduce their expenditures and improve their incomes.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Analysis: Making Small Farms More Sustainable — And Profitable
Smallholder farms provide a large proportion of food supply in developing economies, but 40% of these farmers live on less than U.S.$2/day. With a rapidly growing global population it is imperative to improve the productivity and security of farmers making up this sector. This article presents the results of Better Life Farming, an ecosystem that connects smallholder farmers in India, Indonesia, and Bangladesh to the capabilities, products, and services of corporations and NGOs.
- Categories
- Agriculture
- Region
- Global
