Recap of recent agriculture-themed events and blogs posts
Farm blogs: The agriculture themed blog Tracking
The Scent had a recent post that
linked to an article by Bedah Mengo about farming being unattractive to young
Kenyans. The
blog was the was the winner at the recent Bloggers Association of Kenya (BAKE)
in the category of agriculture blogs agriculture blogs and that also included several worthy competitors
including Kipsizoo
Young Agropreneur Chronicles of a Kenyan Farmer and
the Pan-African Agribusiness & Agroindustry Consortium blog.
Other recent blogs and articles of note relating to agriculture include:
Timbuktu Chronicles had a
post about going back to farming that noted Although Kenyan youths make up over 75 per cent of the country's population,
farming is not considered an attractive option. This mentality has been
entrenched in the education system that traditionally dooms the academically challenged
to farming, otherwise known as the 'poor man's profession'. As a result,
according to Kenya's agricultural ministry, the average age of a Kenyan farmer
is 55. However, the tide is beginning to turn.
The blog How We Made it in
Africa highlighted nine agribusiness opportunities including fruit juices, cassava, soya bean, sorghum (replacing barley
in Kenyan beer) vegetables, milk, and equipment leasing.
The Business Daily newspaper had an article on large scale (white) farmers in Kenya in Tanzania, and some the challenges in terms of production, leasing, markets, diversification and business secessions.
Farm
Networks & New Media Tools: The
iHub blogged about the results of the Rockefeller
Foundation 2012 Innovation Challenges Competition which aimed to generate innovative
ideas for how to address water insecurity, food insecurity, as well as key
challenges posed by urbanization. Four Kenyan Entries were shortlisted as
finalists and two emerged the winners in the categories farming now and
decoding data. The one on farming was by Joseph Macharia and aimed to empower youth with
agricultural information through radio and other ICTs.
At a recent Wireless Wednesday session at the mLab, several mobile applications relating to agriculure were showcased including Mkulima Calc (a farm
management system) GreenhousePro (an input calculator) FarmPal
(equipment for hire, sell produce online, find
temp farm staff) Fishmate, GreenHouseDIY and
Mpoultry.
There is a very nice &
informative Farming Kenya group on Facebook group as well as a mobile social network cfor farmers called Ukulima.net.
Financing: Away from the traditional
financiers in agriculture like banks and the agriculture finance corporation.
They covered a variety of targets sectors and are of interest to farmers
willing to invest alongside the funders.
Last week saw the launch
of a new Kshs 2 billion (~$25 million) African Agricultural Capital Fund by Pearl Capital Partners that will invest in high
growth businesses in the agricultural value chain in East Africa
They have been in investing in the East Africa region for a few years in diverse companies including in seed, certification, ethanol and poultry. They invest invest, advise and growing with investee companies over 5 – 7 years.
The fund is seeking
agri-business firms with a turnover of
less than $10m, fewer than 150 employees, less than $5m asset value, but which have high quality management chains to invest amounts of $300,000 to 2.5M (Kshs 25 - 200M shillings) in debt or equity.
At the launch Jane Karuku,
the president of AGRA (Alliance for a Green Revolution in Africa), spoke about their goal of promoting food security, by invest throughout the
food chain from seed to market (including sustainable markets,
regional/export) and the work they had done with partner banks and institutions to finance $4 billion in Kenya, Uganda, Mozambique and Tanzania where they have had the greatest success by funding seed companies.
No comments:
Post a Comment