African Agritech funding for the first half of 2022 - News Summed Up

African Agritech funding for the first half of 2022


It is interesting to note that mission-driven agritech startups are also a part of this growth despite the investment risks associated with the space. We earlier reported how African agri-tech startups fared in 2021, showing how the funding season favoured the agritech ecosystem better than what it accrued in 2020 and 2019. Last year, the African agri-tech space received a total funding of $95,101,000, accounting for 4.4 per cent of total funding for African tech startups, a 58.5 per cent increase from $59,990,000 (8.6 per cent of total) in 2020. We bring you a list of some agritech funding rounds in the first half of 2022. Farmer Line dubbed the “Amazon for African farmers” launched working with 400 farmers in its home market of Ghana.


Source: The North Africa Journal June 23, 2022 13:57 UTC



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