by Rohit Dayanand -

MICROFINANCE PAPER WRAP-UP: “Agritech and Fintech Providers in East and Southern Africa: A Landscape Assessment;” published by IFAD, SAFIN

The authors of this paper address: (1) the environment that financial institutions in East and Southern Africa (ESA) face when lending to agricultural micro-, small and medium-sized enterprises (MSMEs); and (2) how this lending can be increased via agricultural technology (agritech) and financial technology (fintech) firms. The challenges include

by the MicroCapital Team -

MICROCAPITAL BRIEF: Agritech SuperZop Nets $2.7m in Equity from Incofin India Progress Fund to Connect More Farmers, Retailers

Incofin Investment Management of Belgium recently invested USD 2.7 million to purchase a stake of undisclosed size in SuperZop, a technology firm that helps farmers and mills sell their whole grain, flour and other staples to restaurants and shops in India. SuperZop also packages food under its Khetika brand and provides

by the MicroCapital Team -

MICROCAPITAL BRIEF: Banque Centrale Populaire (BCP), Sowit Deliver Agritech to Farmers in Morocco

Morocco’s Banque Centrale Populaire (BCP) recently signed an agreement with Sowit, a provider of agricultural technology (agritech) services, to support farmers in Morocco in increasing their profitability with better data and access to finance. In particular, Sowit will provide farmers in the Béni Mellal-Khénifra region with

by Tejas Gumudavelly -

MICROCAPITAL BRIEF: India’s DeHaat Raises $30m in Equity for Agricultural Technology from Prosus Ventures, RTP Global, AgFunder, FMO, Omnivore, Sequoia India

DeHaat, an India-based agriculture technology (agritech) company, recently raised USD 30 million in Series C funding. Prosus Ventures, a technology investor based in the Netherlands, led the round, with RTP Global, a Russia-based venture capital firm, also investing in DeHaat for the first time. The following entities increased their stakes