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GG Agriculture Invest in Africa News
As observed in the article, these tech solutions try to leapfrog over basic infrastructure problems – like bad roads and inefficient communications. Considering the fact that 80 percent of the arable land in Africa is not being used, tech has an awful lot to make up for.Technology directly contributes about 7 percent to Africa's GDP, higher than the worldwide average. A report by the World Bank and the African Development Bank in December 2012 explains that is because mobile phones provide access to services that are easily available in traditional, non-tech forms in the developed world, such as financial services, newspapers and entertainment. The same report identifies four sectors in which technology can make up for other infrastructure failings: market information, agriculture insurance, irrigation efficiency and traceability.
The BBC mentions M-Farm, a SMS program previously covered by techPresident through which farmers can check market prices and even coordinate with other farmers in order to buy supplies in bulk. There is also the mobile information service Esoko, developed by Ghana-based BusyLab. Weekly advisory services from Esoko include market prices, weather, news and tips.
Extract taken from an article that appeared in TECHPRESIDENT
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