Agri-Tech: Kenya, Nigeria lead market  

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A recent report by Disrupt Africa shows that Kenya and Nigeria currently top the chart as African giants in agri-tech market.

In the report, Kenya and Nigeria are in first place as the top two agri-tech markets on the continent, while Ghana trails in the third position. The three countries account for over 60 per cent of agri-tech startups active in Africa.

According to the report tagged, Agrinnovating for Africa: Exploring the African — which was forward to track annual startup activities in the agri-tech space shows that there are 82 startups in the sector and that the market has grown by 110% in the last two years.

It also revealed that more than $19 million was invested in the agri-tech sector over the past two years.

The current boom began in 2016, and over the following two years, 43 new ventures have been launched across Africa.

 

 

The post Agri-Tech: Kenya, Nigeria lead market   appeared first on AgroNigeria.

Source: AgricNews-Update

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