Browsing: Agriculture Business

  • Agritech Analytics has received global and local recognition by onboarding at least 3,880 farmers.
  • Maryanne Gichanga participated in the COP27 Youth Adaptation Challenge in Egypt and won by a landslide.
  • In 2022, many investors backed up startups developing biological fertilizers, vertical farms and robots.

A young African woman is changing the pace of agriculture by implementing agritech to sustain her new livelihood. This Kenyan agripreneuer has discovered her green thumb by applying data analysis to detect pests and account for the resources a farm requires depending on size.

This innovative ex-banker is proving that Agritech is the next phase of Africa’s oldest and long-lasting economic activity. Africa’s digital transformation might encompass more than our manufacturing and financial industries.

Kenya’s queen of agritech

It is common knowledge that agriculture in Africa is a significant economic activity. Small-scale farmers from all over the continent bank their lives and their next meals to

  • Sustainable agriculture employs 65-70 percent of Africa’s labour force.
  • Only two to three percent of African renewable water resources are usable compared to the 5 percent worldwide.
  • In 2019 a report revealed that Africa produced more than 50 percent of the world’s cassava.

A severe drought has left millions of people in Africa dependent on grain from Ukraine, a country at war with Russia, yet a number of crops that could support more climate-resilient and healthful food systems in sub-Saharan Africa continue to receive limited attention.

Across Africa, cassava, sugarcane and maize stand out for supporting millions of families in governments’ quest to maintain food security

Sustainable agriculture is one of the highlights that support Africa’s economic development. For decades these cash crops in Africa have accounted for almost 20 percent of the entire continent’s revenue. It has further advanced and introduced concepts such as agritech, significantly teaching better farming

Tanzania beekeeping industry alone is estimated to generate about US$ 1.7 million each year from sale of honey and beeswax. Photo/bee&bloom

Factors for the low adoption rate surround the lack of sector information. For example, the researchers point out that there is ‘uncertainty among potential adopters with respect to potential gains vis-à-vis the cost of adoption.’

Other factors include the cost of adoption and use of modern agriculture technology and lack of adequate knowledge on how to use modern agriculture technology when it is available.

Introduction of modern agriculture technologies in beekeeping is expected to enhance efficiency along with beekeepers’ earnings and welfare in Tanzania. This is because about 99%, beekeeping in Tanzania is done by small scale beekeepers who use traditional beehives made of logs, barks and guards.

Even the harvesting process is very rudiment using fire and smoke to keep bees away, a hazardous trade especially considering that most traditional beehives are kept high on trees.…

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Uganda’s agricultural prices improved by five per cent as the economy begins to recover gradually in the third quarter of 2020.

This is according to a report by the Uganda Bureau of Statistics which noted that food crop activities registered a growth of 4.3 per cent in 2019/2020 compared to the 1.5 per cent growth in 2018/19.

In 2019/2020, Uganda’s livestock activities grew by 7.7 per cent compared to 7.3 per cent in 2018/19.

Speaking during a thought-leadership forum hosted by the Centenary Bank under the theme “ Interventions for Agribusiness Development” the Chief Manager Agribusiness at the bank said “The 5 percentage points price improvement, is largely attributed to the gradual recovery of activities in the agricultural sector and the economy as a whole, case in point is the improved price of Matooke and other foodstuffs.”

He also added that financing is instrumental in boosting agricultural activities and the …