Scaling up Farmer Financing through AgTechs in Sub-Saharan Africa (English)

Over the last decade, innovation in AgTech business models and the dissemination of mobile phones throughout the region have resulted in an optimal setting for AgTechs to flourish. The burgeoning AgTech scene in sub-Saharan Africa demonstrates significant potential to capitalize on digitization and innovation to facilitate the provision of financial services for historically un- or under-banked consumer segments. This is especially important for the agriculture sector which is plagued by considerable financing gaps - the gap for agricultural small and medium-sized enterprises (agri-SMEs) and smallholder farmers on the continent is estimated at 117 billion. In this context, this report explores how AgTechs can be a conduit for increased financing throughout seven markets in sub-Saharan Africa: Côte d'Ivoire, Ghana, Kenya, Nigeria, Senegal, Tanzania, and Uganda.