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Landmark CentreLagos, Nigeria

AgTech Startup Supplant Raises $10M To Introduce Small Farmers To AI Irrigation

Israeli agricultural technology company SupPlant has raised $10 million in a funding round co-led by Boresight Capital, Menomadin Foundation, Smart-Agro Fund and Mivtah Shamir.

The investment brings SupPlants’s total funding since the company was founded in 2012 to over $19 million.

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Nirsal's latest N148 Billion Financing to boost Nigeria's Agricultural Sector

Ventures Africa: The Nigerian Incentive-Based Risk Sharing System for Agricultural Lending, (NIRSAL PLC) has announced the disbursement of over N148 billion worth of finance and investments in the agricultural sector. The strategy seeks to boost the steady flow of funds to the country’s agriculture ecosystem as the COVID-19 pandemic disrupted the flow of activities in the sector in 2020. NIRSAL consistently worked to facilitate funding last year as people needed food for survival.

Agribusiness: Firm set to unlock estimated over $80bn South West GDP, agric potential

Vanguard Nigeria: As agriculture continues to take centre stage in Nigeria’s march to economic diversification, a firm called Odua Investments Company Limited, Thursday, disclosed moves to unlock estimated South West Gross Domestic Product, GDP, worth over $80 billion and galvanize its huge agricultural potential.

The move was made known in a statement signed by the Group Chairman, Odua Investment, Dr Segun Aina, on the inauguration of six new directors of one of its subsidiaries, SWAgCo.

Lagos Partners IITA, APDC to train 13,548 youths in Agribusiness

Nigerian Tribune - Lagos State government on Monday disclosed that it is collaborating with the International Institute of Tropical Agriculture (IITA) and the Africa Projects Development Centre (APDC) to train 13,548 youths in the state in the various agricultural value chains in a five-stage model within the next five years.

The State Commissioner for Agriculture, Ms. Abisola Olusanya, said this at the opening of the Young Africa Works Agribusiness Internship Orientation Training held at the Lagos State Agricultural Development Authority, Oko-Oba, Agege.