Three Youth-Led African Agritech Businesses Receive Investment To Help Scale Up African Agriculture

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Three African youth-led Agritech businesses— Kenya’s DigiCow, Botswana’s Brastorne Enterprises and Nigeria’s ThriveAgric— will receive mentorship and $1.5 million in grants to help them to aggressively expand solutions to long-standing challenges faced by smallholder farmers across the continent.

“At a time when Africa is facing unprecedented food-related challenges, it is incredibly inspiring to see these young African champions firmly focused on an agriculture-led future that provides farmers with the innovations they need to succeed,” says Ifedi.DigiCow currently serves approximately 60,000 Kenyan dairy farmers, many of them women.

“It’s been so exciting to see 60,000 farmers—many of them women—now using our DigiCow apps to become more profitable and productive,” Wanja says.ThriveAgric hopes to build the largest network of profitable farmers across Africa, Nigeria is one of the “three highest potential” African countries from the perspective of untapped agricultural opportunity.

The ThriveAgric Marketplace links farmers with markets for agricultural output, encouraging and enabling them to sell their produce to the fast-moving consumer goods and agri-processing markets, and provides farmers with access to quality and affordable farming inputs. Its tools, such as mAgri, that are specifically developed for farmers, provide access to “farming information, markets and short-term finance” using the basic functions of a feature phone including SMS and interactive voice technology.

 

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