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Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market

Key Developments

Digital-first and data-led distribution platform Kyosk Digital Services acquires KwikBasket to revolutionize the African fresh produce market

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Kyosk aims to leverage its technological prowess to streamline the supply chain, enhance convenience, and improve access to high-quality fresh produce across the continent.
 

Kyosk Digital Services, a digital-first and data-driven distribution platform known for its innovative solutions in the digital retail space, has set its sights on the untapped potential of the African fresh produce market with the acquisition of e-grocery platform KwikBasket.

KwikBasket has earned a strong reputation for its user-friendly interface, wide product selection, and efficient delivery network. By joining forces with Kyosk, KwikBasket’s platform will benefit from advanced digital capabilities and a robust infrastructure, enabling it to scale rapidly and meet the evolving needs of customers. The acquisition aligns with Kyosk’s broader vision to transform Africa’s retail landscape through digital innovation.

 

By integrating KwikBasket’s operations into its existing ecosystem, Kyosk aims to offer consumers a seamless shopping experience, bridging the gap between local farmers and urban customers. One of the key objectives of the acquisition is to empower small-scale farmers by providing them with a reliable and transparent marketplace to showcase their produce.

 

Kyosk’s technological expertise will enable farmers to access a broader customer base, reduce post-harvest losses, and improve their overall profitability. The expansion into the African fresh produce market comes at a time when e-commerce and digital solutions are gaining momentum across the continent. Kyosk recognizes this trend and aims to become a dominant player in the African e-grocery landscape.

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FAO to launch fall armyworm research Hub in Kenya to pave way for innovative solutions in crop protection

Key Developments

FAO to launch fall armyworm research Hub in Kenya to pave way for innovative solutions in crop protection

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Kyosk  The Food and Agriculture Organization (FAO) has announced plans to establish a dedicated Fall Armyworm Research Hub in Kenya.
 

This initiative aims to provide a comprehensive and collaborative platform for research, knowledge sharing, and effective management strategies to mitigate the impact of this pest on agriculture. The Fall Armyworm Research Hub will be located in Kenya, a country significantly affected by the invasive pest.

Establishing this hub in the heart of East Africa reflects the region’s importance as an agricultural hub and highlights Kenya’s commitment to tackling the challenges posed by the fall armyworm.

This move by the FAO comes in response to the urgent need for targeted research and coordinated efforts to control the spread of the fall armyworm.

The pest, native to the Americas, has rapidly spread across Africa, causing substantial damage to crops such as maize, sorghum, rice, and other staple food crops.

The Research Hub will serve as a focal point for scientists, researchers, and policymakers to collaborate on understanding the biology and behavior of the fall armyworm, as well as developing effective strategies for its management.

The hub aims to facilitate knowledge exchange, develop innovative approaches, and strengthen regional capacity to combat this pest effectively by bringing together experts from different fields and countries.

Through the Fall Armyworm Research Hub, the FAO aims to support national and regional efforts in Africa by providing technical expertise, training, and access to advanced technologies.

The collaborative nature of the hub will foster partnerships between governments, research institutions, and other stakeholders, creating a united front in the battle against the fall armyworm.

This initiative aligns with the FAO’s broader commitment to sustainable agriculture, food security, and the livelihoods of smallholder farmers.

The hub is expected to strengthen Africa’s response to the fall armyworm.

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Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture – Copy

Key Developments

Kenya secures $21 million from AfDB to support women and youth entrepreneurs in Agriculture

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AfDB approves $21 million to support Kenyan youths and women entrepreneurs in agriculture.
 

The African Development Bank (AFDB) has approved a $21 million financing to support Kenyan youths and women entrepreneurs in agriculture. With agriculture being a crucial sector in the country, contributing to employment, food security, and economic growth, this funding is poised to make a meaningful impact. The approved financing package will provide financial resources, technical assistance, and capacity building to Kenyan youths and women involved in various agricultural value chains.

The ultimate goal is to enhance their productivity, competitiveness, and overall business operations, thus creating a more conducive environment for entrepreneurship in agriculture.

 

The AFDB aims to address critical challenges faced by young and women entrepreneurs in the agricultural sector through targeted interventions and initiatives. This includes access to finance, technical know-how, market linkages, and relevant training opportunities. By bridging these gaps, the AFDB strives to unlock the untapped potential within the agricultural industry and empower a new generation of agripreneurs. The financial support will be channeled towards diverse activities, including:

  • Providing loans and credit facilities to aspiring and existing youth and women entrepreneurs in agriculture.

  • Investing in innovative agribusiness start-ups and initiatives that have high growth potential.

  • Facilitating access to modern technologies, equipment, and machinery to enhance productivity and efficiency.

  • Delivering tailored training programs and mentorship to develop business skills and entrepreneurial acumen.

  •  Strengthening value chains and promoting market integration for agricultural products.

  • Promoting sustainable agricultural practices and climate resilience among entrepreneurs.

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COOKO, an innovative Cameroonian AgTech startup, has raised $872,000 to revolutionize the country’s cocoa value chain

New Investments

COOKO, an innovative Cameroonian AgTech startup has raised $872,000 to revolutionize the country's cocoa value chain

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COOKO, an innovative AgTech startup based in Cameroon, has raised $872,000 in pre-seed funding to revolutionize the country’s cocoa value chain.

The funding round, led by a US family office, will see COOKO bring about significant advancements and sustainability in Cameroon’s cocoa industry.

COOKO aims to address critical challenges cocoa farmers face in Cameroon, including low productivity, supply chain inefficiencies, and climate change’s adverse impact.

With this recent investment, the startup plans to deploy cutting-edge technologies and implement sustainable practices to transform how cocoa is grown, harvested, processed, and marketed. COOKO’s innovative approach involves leveraging technology, data analytics, and precision farming techniques to optimize cocoa cultivation. The startup plans to provide farmers with access to crucial data and insights that can enhance crop management, improve yield, and mitigate the effects of climate change.

Additionally, COOKO plans to establish a digital platform that connects cocoa farmers directly with buyers, eliminating intermediaries and ensuring fair prices for their produce. 

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Can Rwanda Break Out From Its Dependence on Agriculture? A New Innovative Platform Aims to Provide 1.5 Million Farmers With New Livelihoods and Opportunities

Key Developments

Can Rwanda Break Out From Its Dependence on Agriculture? A New Innovative Platform Aims to Provide 1.5 Million Farmers With New Livelihoods and Opportunities

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Rwanda is set to launch a groundbreaking digital platform to create 1.5 million off-farm jobs.
 

The innovative initiative seeks to provide individuals with diverse income-generating opportunities and contribute to the country’s development agenda. The digital platform, which is scheduled to be unveiled by the Rwandan government in the coming months, will leverage technology to connect job seekers with a wide range of off-farm employment options.

 

This includes opportunities in e-commerce, digital services, remote work, and other emerging industries, aiming to tap into Rwanda’s growing digital economy. By harnessing the power of digital connectivity, the platform aims to bridge the gap between job seekers and potential employers, ensuring a more efficient and inclusive job market.

 

The initiative is part of Rwanda’s broader strategy to diversify its economy and reduce the country’s dependency on agriculture as the primary source of employment. The launch of this digital platform aligns with Rwanda’s commitment to leveraging technology and innovation to drive socioeconomic progress.

Over the years, the country has made significant strides in digital transformation, positioning itself as a hub for technological advancements and digital entrepreneurship in the region.

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