Business and Technology Reporter in Nairobi, Kenya
Nation Media Group
Africa’s agricultural enterprises that have traditionally received little to no funding from institutional and private equity investors due to their unpredictable status may not be that risky after all.
The African Enterprise Challenge Fund (AECF) – a non-profit affiliate financier of the Pan-African agricultural organisation Alliance for Green Revolution in Africa (Agra) – says it took a bet on some of the continent’s agro start-ups while others shied away and eight years later, they have seen immense growth. Investment is all that the agro start-ups need to thrive, it says.
