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Agritech is one of Africa's fastest-growing industries. If you are an SME trying to start out, here are the funds and competitions to look out for. Photo: Supplied/FoodForAfrika.com

Need funding? Here are agritech opportunities you should know about

14 January 2022
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    Fertiliser financing: Fertiliser distribution agent Apollo displays products in a Nairobi retail shop (Source: African Development Bank Group (AfDB)

    $2 Million investment in fertiliser financing for Kenyan smallholders

    Some 10 000 operators in Tanzania’s horticultural value will receive financial support from the African Development Bank. Photo: Supplied

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    Dr Lovanomenjanahary Marline’s pioneering research on bryophytes and lichen in Africa receives prestigious Jennifer Ward Oppenheimer Research Grant, empowering innovative solutions to environmental challenges. Photo: Supplied

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    Kodjovi Dansou and his employees pick “adémen”, a popular leafy vegetable in Togo. Photo: Supplied

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    AgriPitch competition winner Adja Sembene Fall, earned $25 000 in seed money for her Contanna tea company. Photo: Supplied

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    Wheat and maize imports: During a State House meeting, President William Ruto revealed a ban on wheat and maize permits, aiming to protect Kenyan farmers from unfair competition and ensure economic stability. Photo: Kenyan Presidency

    Ruto announces restriction on wheat and maize imports

    The DRC pledged $6.6 billion to boost agriculture, marking a significant step towards fulfilling its vision to become the breadbasket of Africa. Photo: Supplied

    DRC invests $6.6 billion to boost agriculture

    Hamond Motsi explores Africa’s political turmoil and its impact on agriculture, revealing farmers’ silent struggles and pressing food security issues. He calls for urgent solutions to transform the continent’s agricultural future. Photo: Supplied

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    Fertiliser financing: Fertiliser distribution agent Apollo displays products in a Nairobi retail shop (Source: African Development Bank Group (AfDB)

    $2 Million investment in fertiliser financing for Kenyan smallholders

    Some 10 000 operators in Tanzania’s horticultural value will receive financial support from the African Development Bank. Photo: Supplied

    AfDB empowers Tanzanian horticulture with $2.5m boost

    Dr Lovanomenjanahary Marline’s pioneering research on bryophytes and lichen in Africa receives prestigious Jennifer Ward Oppenheimer Research Grant, empowering innovative solutions to environmental challenges. Photo: Supplied

    Malagasy scientist wins $150k grant

    Kodjovi Dansou and his employees pick “adémen”, a popular leafy vegetable in Togo. Photo: Supplied

    Solar irrigation fuels agricultural boom in Togo

    AgriPitch competition winner Adja Sembene Fall, earned $25 000 in seed money for her Contanna tea company. Photo: Supplied

    AgriPitch: Senegalese tea entrepreneur triumphs

    Wheat and maize imports: During a State House meeting, President William Ruto revealed a ban on wheat and maize permits, aiming to protect Kenyan farmers from unfair competition and ensure economic stability. Photo: Kenyan Presidency

    Ruto announces restriction on wheat and maize imports

    The DRC pledged $6.6 billion to boost agriculture, marking a significant step towards fulfilling its vision to become the breadbasket of Africa. Photo: Supplied

    DRC invests $6.6 billion to boost agriculture

    Hamond Motsi explores Africa’s political turmoil and its impact on agriculture, revealing farmers’ silent struggles and pressing food security issues. He calls for urgent solutions to transform the continent’s agricultural future. Photo: Supplied

    Agriculture under siege: Africa’s silent food security crisis

    Stakeholders participate in heated debates over proposed mining restrictions revealed the challenge of balancing economic development with environmental conservation in South Africa’s agricultural land bill discussions. Photo: Supplied

    Agricultural land bill public hearings sparks mining clash in SA

  • Changemakers
    • All
    • Agribusiness
    • Agripreneurs
    • Farmers
    • Innovation
    AgriPitch competition winner Adja Sembene Fall, earned $25 000 in seed money for her Contanna tea company. Photo: Supplied

    AgriPitch: Senegalese tea entrepreneur triumphs

    Ibrahim Thiam at Allido’s flagship store in Dakar where tradition and innovation converge. Photo: Supplied

    Ibrahim Thiam: A taste of Senegal’s past and future

    Nathaniel Nyarenda, a leader among Katete farmers, reviews food safety protocols on his farm, embodying a shift towards sustainable agriculture and bigger market opportunities. Photo: Ronelle Louwrens/FoodForAfrika.com

    Katete’s farmers embrace food safety and innovation

    Food safety is personal for this Zambian farmer

    Food safety is personal for this Zambian farmer

    From rice farmer to agripreneur: Kébè Lamah leads a cooperative of 500 women farmers in Guinea, thanks to the support of the INTEGRA programme. Photo: Supplied

    Guinean women farmers thrive with INTEGRA

    Namibia's Popular Democratic Movement party has tabled a motion of insurance for farmers, that will compensate for the loss of livestock due to conflict with wildlife. Photo: Supplied/Food For Mzansi

    Computer model to ease farmer-wildlife conflict

    It started with a handful of trees on her family farm. Today Wezi Mzumara is breaking new ground as a woman chocolate maker in Malawi. Photo: Supplied/FoodForAfrika.com

    Meet Malawian chocolate maker Wezi Mzumara

    Nature-based biopesticides are now offering a safer alternative to locust control. ©FAO/Ismail Taxta/Arete

    Locusts: How Somalia became biopesticides leader

    The award-winning Nigerian farmer Samson Ogbole, who did not initially want to be a farmer, incorporates technology, science and agriculture to end hunger.

    Meet ‘Farmer Samson’, biochemist and soilless farmer

  • Food Security
    • All
    • Climate Change
    • Crops
    • Food Trends
    • Logistics
    African Development Bank Vice President Beth Dunford (left) and Secretary General Vincent Nmehielle at a press conference previewing the 2023 Annual Meetings. Photo: African Development Bank Group (AfDB)

    Private sector key to sustainable future for Africa

    The international market for food-grade butyric acid is set to grow steadily, partly driven by dairy investments in African countries.

    Organic food trend boosts butyric acid sales

    Climate change: A total of 27% of children in South Africa are stunted. Photo: Supplied/FoodForAfrika.com

    Climate change ‘a daily reality’ for Africans

    Cop27: Zambian farmer Esther Zulu was born in Nyimba district in the eastern part of Zambia. She currently lives and farms on property inherited from her parents, both of whom were farmers. Photo: Supplied/AICCRA

    Cop27: Zambian farmer demands food systems change

    With heavier and unpredictable rainfall and tides encroaching on coastal cities, the risk of flooding is becoming more prevalent. Through an FAO project, local communities in Quelimane, Mozambique have restored 1.6 hectares of mangroves to prevent flooding and soil erosion. Photo: Supplied/Mani Tese/Leonel Raimo

    Green city living changes Africa’s urban landscape

    Perennial rice being harvested near Lake Victoria in Uganda. Photo: Supplied/FoodForAfrika.com

    Perennial rice could boost food security in Africa

    The global FoodTech Challenge is looking to reward 4 agritech or foodtech companies working to address food security challenges. Photo: Supplied/FoodForAfrika.com

    FoodTech Challenge: 3 African startups shortlisted

    30-year-old farmer Nerudo Mregi is transforming the face of farming by applying technology and artificial intelligence. Photo: Supplied/FoodForAfrika.com

    Welcome to agri’s future of drones, robots and IoT

    Farmer Japeth Owidi makes use of a solar-powered pump to ease the labour-intensive strain of farming. Photo: Supplied/FuturePump

    COP27: Small-scale farmers belong at the table

  • Lifestyle
    • All
    • Food Health
    • Trends
    Ibrahim Thiam at Allido’s flagship store in Dakar where tradition and innovation converge. Photo: Supplied

    Ibrahim Thiam: A taste of Senegal’s past and future

    A picture featuring George Chiwedzerero, who left Zimbabwe for South Africa and was not heard from for two decades.

    Missing migrants project helps families find peace

    The general impression of Zanzibar when approached from the mainland is of a long, low island with small ridges along its central north–south axis. Coconut palms and other vegetation cover the land surface. Photo: Supplied/FoodForAfrika.com

    Here’s how farming transformed Zanzibar’s coastline

    Saponins also work against bacteria and fungi. Some bacteria have an external membrane that protects their genetic material. Photo: Supplied/FoodForAfrika.com

    Southern Africa’s soapy plants can improve hand hygiene

    There are a number of flowering plants that we do not often recognise the holistic health benefits of, such as okra, kalanchoe and periwinkle flowers. Photo: Supplied/FoodForAfrika.com

    Healing with the help of Africa’s indigenous plants

    Burger King is one of many fast food franchises that is introducing more plant-based meals. Photo: Supplied/FoodForAfrika.com

    Burger King, KFC explore more veggie options

    Cassava is one of the continent's food staples. Here is a history on the root veg and its humble beginnings. Photo: Supplied/FoodForAfrika.com

    Cassava, a staple crop that sustains a continent

    Herbal remedies are commonplace in Uganda; testing these scientifically is a good way to ensure they’re safe and effective. Photo: Supplied/FoodForAfrika.com

    Herbal skin treatments in Uganda get a scientific boost

    Researchers believe that Rwanda's soft drink tax can be better used to boost public health by targeting sugar content. Photo: Supplied/FoodForAfrika.com

    Sugar tax might curb rise in obesity, diabetes in Rwanda

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Need funding? Here are agritech opportunities you should know about

by Lucinda Dordley
14 January 2022
in Agribusiness, Agripreneurs
Reading Time: 5 mins read
A A
Agritech is one of Africa's fastest-growing industries. If you are an SME trying to start out, here are the funds and competitions to look out for. Photo: Supplied/FoodForAfrika.com

Agritech is one of Africa's fastest-growing industries. If you are an SME looking for funding, here are the opportunities and competitions to look out for. Photo: Supplied/FoodForAfrika.com

Africa is booming with technological start-ups and agritech in particular is a fast-growing sector. According to research by Microsoft and Africa Practice, the continent’s agritech growth is only set to boom from here on out.

“With a projected value of USD1 trillion by 2030, the continent is poised to become the global centre of agritech solutions and has also seen rapid growth in e-agriculture solutions,” Microsoft said. “With agriculture sustaining 70% of Africa’s livelihoods, Microsoft believes that agriculture is a key sector in Africa.”

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Africa is quickly establishing itself as a worldwide leader in agritech. Between 2016 and 2019 the industry increased by 44% year-on-year, and the continent now boasts the biggest number of agritech services in the developing world, reaching over 33 million smallholder farmers.

That being said, here are a number of funds burgeoning agritech start-ups can utilise to get off the ground:

The TEF MENA Agri-Food-Tech Challenge 2022

The MENA Agri-Food-Tech Challenge is now open for submissions. TFF welcomes food system innovators from around the Middle East and Northern Africa (MENA) region to present their creative ideas.

The worldwide Thought For Food (TFF) Foundation, in cooperation with the Food for Future Summit, is hosting the TFF 2022 MENA Agri-Food-Tech Challenge.

Eligibility
The TFF 2022 MENA Challenge is open to any entrepreneurs in the MENA region that have a solution for a better, more sustainable and resilient food system. Applications are accepted at any level of development, including idea and prototype development, as well as post-seed financing.

“We’re on the hunt for the most forward-thinking individuals who can help us challenge the current quo. Please apply if this sounds like you!” the organisation said. It encourages entrepreneurs and teams working on solutions for all aspects of the food supply chain, including those working on:

  • Supply chains that have been digitalized
  • Urban agricultural systems that are fully automated
  • New nutrient-dense foods
  • Alternative proteins that are sustainable
  • Small-scale regenerative agriculture
  • Reducing food waste in a circular manner

Prizes
A chance to win US$ 8 000 in the grand prize and US$ 4 000 in the runner-up prize. On the 23rd and 24th of February 2022, you will have the opportunity to attend the Food For Future Summit & Expo in Dubai.

Deadline: 6 February 2022

Those who are looking to apply can click here.

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WFP IGNITE Food Systems Challenge Rwanda

Food insecurity in East Africa is escalating as a result of rising violence, climate change, natural catastrophes and the Covid-19 pandemic, according to the IGNITE Food Systems Challenge.

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Technical assistance as well as a total of $300 000 in funding will be provided to assist start-ups, cooperatives, and small and medium companies in scaling up locally-driven solutions that contribute to the economy and fill various gaps in delivering nutritious food.

The programme is a collaboration between the UN World Food Programme (WFP) and Impact Hub Kigali, which provides resources such as incubation programmes and bootcamps to encourage innovation and entrepreneurship.

Eligibility

  • Your entity must possess a valid registration/certificate of incorporation for operating in Rwanda
  • Have proof of a revenue-generating business (total turnover in the case of cooperatives) of at least the equivalent of 5 000 USD for the year 2020 – 21
  • Be a team of at least three full-time members dedicated to the SME/cooperative, including the founding team
  • At least 50% of your founding and/or senior management team must be from Rwanda/East Africa
  • The entity must have key operations in Rwanda
  • Ventures that are women-led and/or have taken demonstrated action towards promoting women in their supply chain are especially encouraged to apply

Prizes/offering
Funding: Apply to receive up to $50 000 in equity-free funding.
6 months acceleration support: Benefit from technical support to strengthen your skills and address any gaps in your business, with a tailored made curriculum and direct connections to experts and mentors.
Networking and exposure: You will be able to tap into and leverage our strong network of public, private and government partners.

Deadline: 5 February 2022

To apply, click here.

SME 30 Challenge

SME 30 Challenge is a contest sponsored by Oga Campaign International that identify the best-performing SMEs in Nigeria, in order to assist them to grow into larger, more sustainable businesses. It is also to encourage their expansion into larger, internationally focused businesses. The key added value of the SME 30 Challenge is that the ultimate goal is for Nigeria to have growth-oriented, innovative, competent and sustainable businesses that can proudly fly the Nigerian flag.

“We at Ogacampaign want to nurture that passion for expansion and business excellence, and there is no better way to do that than by giving selected businesses a chance at expanding their business,” Oga Campaign said.

Eligibility
SMEs need to be nominated for consideration, this can be done by the company itself or by a third party via the nomination portal at www.ogacampaign.com.

Prizes
Each category winner receives access to finance, business grant, access to markets, capacity development, and access to business information, media and marketing exposure
The overall winner goes home with N3 million naira cash prize.

Deadline: Rolling

Click here to apply.

ALSO READ: Apply now: Funding to improve food security in three East African countries

Tags: agritech start-upsfood securityfundingtechnology
Lucinda Dordley

Lucinda Dordley

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Agri News

$2 Million investment in fertiliser financing for Kenyan smallholders

by Staff Reporter
19 November 2023
0

An investment in fertiliser financing aims to support the distribution of over 7,000 tonnes of fertilisers, benefiting around 100,000 smallholder...

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Some 10 000 operators in Tanzania’s horticultural value will receive financial support from the African Development Bank. Photo: Supplied

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