After the African Development Bank (AfDB), Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) signed a US$600mn loan agreement to boost cocoa productivity in Ghana, AfDB president Akinwumi Adesina described this as a phenomenal event
Crops
Agricultural startup Agritask secures US$8.5mn in Series A Funding
Israeli precision agriculture startup Agritask has completed a US$8.5mn Series A financing round, led by the InsuResilience Investment Fund and co-invested by Barn Investimentos
AfDB and partners sign agreement to boost Ghana’s cocoa production
The African Development Bank (AfDB), Credit Suisse AG, the Industrial and Commercial Bank of China Limited and Ghana Cocoa Board (COCOBOD) signed a US$600mn syndicated receivables-backed term loan to boost cocoa productivity in Ghana
Wefarm secures US$13mn in funding to scale smallholder agricultural ecosystem
Wefarm, the digital network for global small-scale agriculture, has raised US$13mn in a Series A financing round led by Silicon Valley venture capital firm True Ventures
Ag Biotechnology tops investors’ wishlist for 2020
New research published by technology incubator Idea2scale and Agri-FoodTech venture capital firm AgFunder has revealed that food and AgTech investors are most excited by startups in the Ag Biotechnology category