UfarmX partners Africa GreenTec to tackle post-harvest challenges
TLDR
- UfarmX and Africa GreenTec partner to empower women farmers in Senegal through tailored agricultural solutions and sustainable development.
- UfarmX's blockchain-based platform connects farmers to high-quality inputs and facilitates access to markets post-harvest.
- The collaboration introduces a pilot program for women farmers to use solar-powered storage containers at subsidized rates, providing a cost-effective and climate-friendly solution.
Nigerian blockchain-based agri-tech startup UfarmX has joined forces with Africa GreenTec to provide tailored solutions to women farmers in Senegal, fostering sustainable development throughout the country's agricultural value chain.
The UfarmX platform offers a range of services, including connecting farmers to high-quality inputs, often on credit through a transparent blockchain ledger, facilitating access to markets post-harvest, and providing essential data to support the expansion of their operations.
Under this collaboration, UfarmX and Africa GreenTec will introduce a pilot program enabling women farmers to utilize solar-powered storage containers at subsidized rates. In contrast to conventional models where farmers must purchase containers outright, this initiative offers a more accessible and cost-effective solution, empowering farmers while addressing climate-related risks.
Points clés à retenir
UfarmX and Africa GreenTec are two of many new agritech startups that have sprung up across Africa and are finding business opportunities in addressing the lack of infrastructure and other farming challenges. Africa is fast becoming a global leader in the agritech space, with the continent boasting the highest number of agritech services in the developing world, reaching over 30 million smallholder farmers, as of 2021. The partnership is even more relevant considering Senegal's agriculture is an important barometer of the economy, accounting for about 16% of GDP in 2020 while 6% of the workforce is engaged in food crop production.
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