Africa: Agri-tech is the future of farming
German Ministry of International Cooperation and Development (BMZ) is fostering young African agri-tech start-ups in partnership with AMPION, an accelerator and advisory firm promoting technology entrepreneurship in Africa, in a bid to provide innovative solution in transforming the agricultural sector in Africa.
Agri-tech is the use of technical techniques and technology in agricultural practices. Africa’s economy is strongly dependent on the agricultural sector with 60 percent of all working Africans working in the sector, yet the productivity is limited.
New technologies and digitisation are crucial to sustainably develop the agricultural sector and to improve lives in Africa.
The partnership will foster the African start-up ecosystem by supporting young African entrepreneurs and building agri-tech start-ups in Southern Africa
“Thanks to the partnership with BMZ, we can build up the start-up ecosystem in Africa with our local partners. Innovative solutions for the African agricultural sector, improve the productivity and lives of millions of people,” Fabian-Carlos Guhl, CEO, AMPION, said.
“With our initiatives, we want to contribute to the successful creation and implementation of these solutions,” he said.