Agri-tech and Food-tech Innovations
The COVID-19 pandemic has a major impact on startup development and venture capital investments in Africa as well as globally. At the same time, the “new normal” of social or physical distancing is also a window of opportunity to leapfrog digital business models and solutions for various economic sectors, including the agriculture and food sector. Cookshop, a Liberian food delivery service located in Monrovia, is a startup that came in to strengthen the food value chain by connecting local food producers with end consumers through its B2C ecommerce platform. Cookshop has recently significantly increased food delivery to private persons as well as public institutions and tripled its revenues. Bringo Fresh from Uganda and eMsika from Zambia is another 2 African startups that run food and agricultural ecommerce platforms and have experienced an overwhelming demand for their digital services and infrastructure since the pandemic lockdowns started.
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