News in Brief:
- Despite having secured over $17 million in funding, Kenyan agritech startup iProcure has been placed under a court-appointed management.
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News in Brief:
- Nigeria's Vice President announced a multi-pronged attack on malnutrition, including creating nutrition departments in key ministries, securing increased funding, and...
In 2021 and 2022, the top 10 Nigerian startups in food and agricultural industry secured 90% or more of the total investment in the agriculture sector.
Namibia and the United States have signed a five-year, $10 million co-funding agreement to promote the development of farmer cooperatives and small businesses in rural areas.
The UK DEFRA has announced £10 million in grants for cattle farmers to modernise facilities and improve livestock conditions, productivity, and profitability.
Agritech companies received a total of $561 million investments in 2022 while foodtech saw $1.3 billion, marking a YoY growth of 4.66% and 30%, respectively.