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During the forum, Netafim discussed the transformative role of precision agriculture solutions in promoting sustainable agriculture and enhancing food security in Africa. (Image source: Ndetafim)

Event News

This year, Netafim participated in the Africa CEO Forum which took place from 16-17 May in Kigali, Rwanda 

During the forum, which is the largest private sector international conference focused on shaping Africa's future, Gaby (Gabriel) Miodownik, president & CEO of Netafim, Orbia Precision Agriculture Business, along with the company’s SVP of EMEA, Gal Yarden met with the Prime Minister of Ivory Coast, Robert Beugré Mambé, to discuss the transformative role of precision agriculture solutions in promoting sustainable agriculture and enhancing food security in Africa.

While participating in a roundtable discussion, Miodownik showcased the Gabiro Agribusiness Hub and emphasised the importance of technological advancements and public-private partnerships in transforming African agriculture, empowering smallholders, and promoting food security.

Netafim has been offering offering agronomic support and precision irrigation tools to both smallholder communities and large-scale farms for more than three decades. The primary objective of the company is to lead projects and initiatives that are beneficial to all stakeholders involved. Through these projects, the company aims to foster prosperity, sustainability and food security. 

The extensive research and data compiled in the Actisaf Sc 47 LCAs underscore its pivotal role in advancing sustainable farming practices. (Image source: Phileo by Lesaffre)

Cattle

Developed by Phileo by Lesaffre, Actisaf Sc 47 offers groundbreaking solutions for both dairy and beef production systems, thereby enhancing animal health and welfare, while minimising environmental impact

Being the first yeast probiotic to showcase strong ISO-compliant evidence of environmental benefits, Actisaf Sc 47 serves as a pioneering solution for farmers seeking to improve the sustainability of their dairy farming operations and sets a new standard in yeast probiotics feed supplements

A comprehensive Life Cycle Assessment (LCA) study was conducted by Phileo by Lesaffre in collaboration with Blonk consultants. Results from the study showed that incorporating Actisaf Sc 47 into dairy diets can lead to a reduction in carbon footprint by up to 5%, primarily due to enhanced feed efficiency. 

A separate LCA study on fattening period in beef was conducted in 2022. Results from the study demonstrated significant reductions in CO2 impact ranging from 3.8% to 6.6%, thereby highlighting Actisaf Sc 47’s efficacy in optimising feed efficiency and minimising environmental footprint in beef production systems.

As the agricultural sector evolves to meet global environmental challenges, Actisaf Sc 47 continues to drive positive change and foster a more sustainable future for farming communities worldwide.

 

The funding will enable IBISA to build more pioneering products and expand further into emerging markets. (Image source: IBISA)

Agriculture

Climate Insurtech company, IBISA recently closed a US$3mn funding round to scale its parametric insurance solutions for weather-related risks in Asia and Africa

The strategic investment aims to empower IBISA to make parametric insurance more accessible. As reported by the Food and Agriculture Organisation of the United Nations (FAO), IBISA is providing simple and efficient parametric insurance products to help those affected by the climate crisis.

The company leverages innovative satellite and actuarial technologies to design and operate parametric insurance products that promote financial resilience in regions where communities are the most vulnerable to the impacts of extreme weather events. Since establishing a local presence in India in 2023, IBISA is placing a special emphasis on the country.

A number of innovative climate coverages offered by the company include agricultural-focused insurance products, as well as typhoon insurance, and loan protection for financial institutions. In addition, IBISA has also developed a groundbreaking heat stress product insurance initially designed for dairy farmers. Although being used primarily in India, the product is currently being expanded in other countries, such as Bangladesh. 

"Since the beginning at IBISA, we have functioned with great agility as product innovators and bringing these products to market efficiently. This is what drives us. This is our DNA," explained CEO of IBISA, Maria Mateo. "Now, we are entering the industrialisation phase of our journey. With the backing of this fundraising effort and the support of both existing and new investors, our goal is to amplify our product offerings, expand within our current markets, and explore new markets."

Managing director of the Acumen Resilient Agriculture Fund (ARAF), Tamer El-Raghy who was one of the investors of the funding round, expressed his excitement to partner with a world-class entrepreneur like Maria, while emphasising the importance of low-cost parametric insurance products for African farmers.

"African farmers are among the most negatively impacted by climate change and the need for low-cost parametric insurance products is a must-to-have for those farmers to be able to absorb a climate shock and IBISA's cutting-edge technology helps developing low-cost insurance products for those farmers," El-Raghy said. "This investment is an invaluable addition to ARAF's portfolio and we look forward to supporting IBISA's regional growth.

Bühler is playing a major role in this transformation with its new Grain Processing Innovation Centre. (Image source: Bühler)

Infrastructure

As the growing world population is increasing the demand for food, extreme weather conditions and political conflicts are disrupting established food value chains, thus resulting in food security becoming a critical issue in most regions of the world

Improving self-sufficiency by reducing reliance on imported grains has been found to be a key answer to these existential challenges. Locally grown grains and crops are often more climate and pest resilient, can be cultivated in adverse climates and arid regions, and have a higher nutritional value compared with more refined cereals. Growing and processing these crops on a large scale can therefore provide new sustainable market opportunities for farmers and producers. 

Bühler is playing a major role in this transformation with its new Grain Processing Innovation Centre (GPIC), which is scheduled to open on 11 July in Kano, Nigeria. Both the Minister of Agriculture and Food Security, Abubakar Kyari and the esteemed Governor of Kano will be present at the opening.

During the event, participants will be guided through the new facility to gain an understanding of the new capabilities and some of the product possibilities that will enable customers to innovate and grow their businesses in a sustainable and responsible manner. 

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