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Browsing: how can investors make money with crowdfarming?
- Crowdfarming is a concept that aims to address these challenges by equipping smallholder farmers with the resources they need to grow crops and raise livestock.
- The global crowdfunding market was estimated to be over US$17 billion in 2020, with an annual growth rate of 16 per cent – 17 per cent.
- Between 2013 and 2016, over 78 per cent of annual African crowdfunding occurred in South Africa, Nigeria and Kenya.
When it comes to the agricultural sector in Africa, the concept of crowdfarming is shrouded in mystery. This relatively new phenomenon has attracted a lot of attention in recent years and is hailed by many as a solution to the many challenges faced by smallholder farmers on the continent. But what exactly is crowdfarming and what opportunities does it offer for investors and farmers alike?
First and foremost, it is important to understand the importance of agriculture in Africa. Despite …
