Early this year, CTA launched ‘Pitch AgriHack 2018’ a competition to support young agricultural entrepreneurs (agripreneurs) build viable businesses and boost innovation for a more sustainable agricultural sector.
The theme for this year’s competition being “Women entrepreneurs innovate for agricultural transformation in Africa, the Caribbean and the Pacific”, CTA selected 26 finalists and 14 of them are young women-owned businesses.
Uganda’s Abakoxi, a cloud-based digital financial technology which is used to enable communities to manage and monitor their monetary savings and transactions in their saving groups and Lawyers 4 Farmers, a platform that eases access of farmers to basic legal information and services have been selected among the finalists for this years Pitch AgriHack.
The other selected startups are Nigeria’s AgroInfoTech, Ankora Global Services, Farmignite and Crop2Cash, Ghana’s Agro Innova, CowTribe and Agrisolve, Jamaica’s Develop Digitally and Agro VCM Solutions, Benin’s Premium Hortus. JINUKUN, FENOU and Archeos, Kenya’s Illuminum Greenhouse, Ujuzikilimo Solutions, ZuriCap, SolarFreeze and Savanna Circuit, Togo’s CLIN SARLU and AGRISOFT, Suriname’s Codettes and Rwanda’s GO.
Pitch AgriHack 2018 is organized with the support of the African Development Bank (AfDB) and financial assistance from the Korea Trust Fund under the Korea-Africa Cooperation Programme (KOAFEC). Additional collaborators include the Alliance for a Green Revolution in Africa (AGRA), Women in Tech Africa, Wennovation Hub and Suguba Africa. Pitch AgriHack 2018 will shepherd selected start-ups through a boot camp process preparing them to pitch their innovations to potential investors. Selected finalists, 50 percent of whom will be women, will be given an opportunity to pitch to political and business leaders, at the African Green Revolution Forum (AGRF 2018).
Since the launch of CTA’s AgriHack Talent Initiative, at least 500,000 farmers and agricultural stakeholders have been reached by services provided through the use of applications developed in the process. Start-ups, mostly information and communications technologies (ICT) based innovations, have raised more than two million Euros from other investors and partners.
Nine (9) winning innovations will be awarded up to €15,000 after under-going pitching sessions in Kigali, Rwanda from the 3rd – 8th August, as well as mentoring and networking opportunities.