Emerging Opportunities: Agro-Financing, Savings, Insurtech, Credit Scoring & Lending

Emerging Opportunities: Agro-Financing, Savings, Insurtech, Credit Scoring & Lending
Agro-Financing Farmers make up 70% of Africa’s workforce. However, many smallholder farmers are operating at a fraction of their potential capacity. Africa contains 60% of the world’s non-cultivated arable land, yet African governments spend $35 billion annually on food imports. A major hurdle for African farmers is a lack of access to agriculture finance: financial services that allow farmers to improve their efficiency, adopt new technologies and connect with new markets. In recent years, governments and multinational organizations have invested in initiatives and incubators to boost agribusiness, and agriculture finance is a significant part of that trend. What it means for startups: Agriculture fintech in Africa is…
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