ImpactAlpha, April 6 – Hundreds of millions of smallholder farmers in East Africa are facing not only COVID, but also the worst locust swarm in decades. Most of their farmland is uninsured; when they lose crops, they lose income. Netherlands-based agtech company VanderSat uses satellite data to analyze farmland conditions using microwaves, rather than images.
When it comes to driving shared prosperity across a market, how capital is deployed is as important as what is funds.
Delhi-based TechnifyBiz works with India’s farming cooperatives to boost the value of their products with basic sorting and processing, then connects farmers to buyers via an online marketplace.