An app that allows farmers to rent tractors could revolutionize agriculture in Africa. Here’s how
66% of subsistence farmers in Africa live off of $2 a day! Hello Tractor is doing its part in tackling this issue. This app enables farmers to rent tractors when they need them. Hello Tractor connects tractor owners with farmers who need their services, they are charged a fee based on the type of work the tractor is doing and how long it takes. Farmers therefore have a chance to grow more food and earn more money.
Women and e-commerce in Africa "In Africa, the number of online shoppers has increased by an average of 18 percent every year since 2014, with similar growth anticipated over the next decade. IFC’s latest report shows that this growth could be even higher if we invest in the women entrepreneurs on e-commerce platforms." READ MORE
Rising use of trees and crops for energy fuels sustainability debate A debate on bioresources will take place to discuss what can be classified as “renewable energy”. Environmental groups are calling on the EU to remove forest biomass, essentially wood pellets, from the list due to loss of land competition and flora and fauna diversity.
African fintech startups are diversifying to scale up
African fintech startups are offering a wide range of complementary services. 576 fintechs were tracked this year, data shows that almost 25% operate in multiple categories, compared to 15% in 2019 and 8% in 2017.
Drone Operator Zipline Raises $250 Million A drone medical delivery service startup called Zipline, began serving its first hospital in Rwanda in 2016. Its fleet of hundreds of drones now make deliveries to more than 2,500 sites. The company expects to reach 6,000 locations by the end of this year. To top that all off, Pfizer has announced that it would work with Zipline to deliver the coronavirus vaccine to hard to reach areas. READ MORE
11 entrepreneurs cashing in on Africa’s agribusiness opportunities "From exporting trendy superfoods to turning farming waste into organic fertiliser, Africa offers numerous agribusiness opportunities to entrepreneurs and investors. Here is a selection of 11 businesspeople, interviewed by How we made it in Africa over the past six months, who are capitalising on the sector’s potential." READ MORE
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