African agri-tech ecosystem grows 110% in last two years


The African agri-tech space is booming, with the number of startups operating in the market growing 110 per cent over the past two years, and over US$19 million invested into the sector in that period.

The Agrinnovating for Africa: Exploring the African Agri-Tech Startup Ecosystem Report 2018, released today by Disrupt Africa, records 82 agri-tech startups in operation across Africa by the start of 2018, with 52 per cent of these ventures launched in the past two years.

The report tracks annual startup activity in the agri-tech space as early as 2010, but finds this activity remained limited until the end of 2015. The current boom began in 2016, and over the following two years 43 new ventures launched across Africa.

The research shows that while Kenya was the early…

Read More

*** This news item is 3rd party content and is included strictly for non-commercial informational purposes.

320ro

Comments

comments


Important
This site makes use of cookies which may contain tracking information about visitors. By continuing to browse this site you agree to our use of cookies.