Browsing: Agribusiness in Africa

Kyosk Acquires KwikBasket
  • Kyosk Digital Services has entered the African fresh produce market with the introduction of its Farm and Fresh line of business.
  • By connecting businesses, and consumers, Kyosk.App will facilitate transactions and enhances efficiency in supply chains.
  • Kyosk’s Farm & Fresh line aims to offer consistent market access, fair pricing, essential information and insights, and access to agricultural inputs.

Kyosk Digital Services, a digital-first and data-led distribution platform, is entering into the African fresh produce market with the introduction of its Farm and Fresh line of business.

This move follows Kyosk’s recent acquisition of KwikBasket, a well-established player in the agricultural industry. KwikBasket is known for its expertise in distributing agricultural products and providing valuable services to farmers. It also serves commercial kitchens, and other stakeholders in the food chain.

Specializing in online retail distribution, Kyosk Digital Services adopts a digital-first approach and leverages data-driven insights. The company aims to revolutionize …

Mastercard and Ecobank Group to connect small-scale farmers to Farm Pass. www.theexchange.africa

In Sub-Saharan Africa, more than 60 per cent of the population is comprised of small-scale farmers, and the agricultural sector is anticipated to provide 23 per cent of the continent’s GDP, as stated by McKinsey & Company. However, just 3% of the industry is eligible for banking credit, which severely restricts the ability of farmers to expand their businesses or reduce the impact of unfavourable harvests.

“In contemporary times, ensuring food security is a requirement that is both vital and urgent. As a result, we are going to have to step up to the challenge and create chances for growth in Africa’s agriculture value chain. Our collaboration with Mastercard has arrived at the perfect time to hasten the process of providing smallholder farmers in Africa with access to the essential financial services they require.

These services are essential to the achievement of Africa’s full agricultural potential. According to Ade Ayeyemi, …

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Africa is a land of opportunity, and over the past few years, many young entrepreneurs and investors have become millionaires by starting businesses and investing in lucrative sectors. This year is no different, and there are several startup ideas in Africa that have the potential to make even more millionaires in the coming years.

In this article, we will share with you some of the top startup ideas that are making millionaires in Africa. These startup ideas include agribusiness, healthcare, tourism, and technology startups.

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Mobile Payments and Fintech

Some of the top innovations in Africa include mobile payments, e-commerce, agribusiness, health care, and tourism. These businesses are thriving because of the continent’s growing economy and burgeoning middle class. In addition, they are benefiting from innovative technologies that are making it easier for people to do business across borders.

Mobile payments is one of the most exciting startup ideas in Africa …

Women Farmers The Exchange

Across the Global South, agriculture is essential to livelihoods for the majority of women at the base of the pyramid (BOP). Modernising agribusiness value chains in climate-smart ways will be a key element in building emerging economies, combating food and income insecurity, and mitigating the impacts of climate change. This modernisation must take a gender-progressive approach, which requires a shift in the investment landscape to better integrate gender, from capitalising women-led companies to ensuring women farmers are empowered across the value chain. Not only are such approaches vital to SDG 5 (Gender Equality), they are directly relevant to climate action and building sustainable economies.

The impact of climate change on agricultural production has been well-documented, from the shifts in average temperatures and rainfall patterns to ozone and mineral concentrations in the atmosphere and soil – but the relationship goes both ways. Agriculture is a significant driver of climate change, with …

Coronavirus has brought enormous setbacks, suffering, and forecasts of a global depression ahead following the closure of so many economies for so long.  However, if there has been one area where it has exposed our global fragility, that area has been food. 

Certainly, the curfews, lockdowns and workplace closures delivered an uptick in power cuts, but there is no great clamour about our energy infrastructure now being under threat of failure. Likewise, with water, it remains far from accessible to all, but it has not been plundered by this year’s pandemic. Shelter could take a hit on joblessness and unpaid rents. But the elephant in the room is definitely food. 

That fact has not gone unremarked. At the level of international geopolitics, the World Food Programme (WFP) has warned us all that we are moving into a famine of what it has called ‘biblical’ proportions, by which, it is