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Home » Microsoft 4Afrika Partners IFC For Digital Transformation In Africa’s Agribusiness Sector
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Microsoft 4Afrika Partners IFC For Digital Transformation In Africa’s Agribusiness Sector

Our REPORTERBy Our REPORTER3 August 2021No Comments3 Mins Read1 Views
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MICROSOFT 4AFRIKA
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Microsoft Inc, through its 4Afrika initiative, has entered into a partnership with International Finance Corporation (IFC), to make digital tools and training resources more accessible to small-scale farmers, and agriculture-linked small businesses.

The partnership, DigitalTimesNG understands, is in a bid to support digital transformation in Africa’s agribusiness sector, modernise supply chains and boost farmers’ productivity and incomes.

Microsoft Country Manager for Kenya, Kendi Nderitu, said the partnership will leverage Microsoft 4Afrika’s unique digital platforms and IFC’s Agribusiness Leadership Programme to help small-scale farmers, their cooperatives, and “last mile retailers” access information and digital tools to strengthen farming practices, build business professionalism and improve food security and traceability throughout the supply chain.

Nderitu, disclosed that a mobile platform will be piloted among farmers in Kenya, Nigeria, Cote d’Ivoire, and Uganda even as the first pilots aim to support 50,000 farmers and at least 50 cooperatives.

“Digital technology can improve the operation of key supply chains in the food system through greater agricultural efficiencies, improved business practices, traceability, food safety and, access to finance.

“However, the use of digital tools in Africa’s agriculture sector remains limited, often because of infrastructure, affordability, awareness, and regulatory issues. Agribusiness contributes about 25 per cent of Africa’s GDP and 70 per cent of its employment.

“Now more than ever, we need to pay close attention to how agri-tech organisations transform digitally, what challenges they face acquiring new technologies, and the daily challenges they may be facing in the area of digital skills development.

“Microsoft 4Afrika’s strategy is to invest in agri-tech to unlock Africa’s vibrant potential, accelerating innovation in agri-tech to enable data-driven farming that can optimise yields, boost farm productivity and increase profitability – all while feeding a nation.”

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Samuel Dzotefe, Acting Regional Industry Director, Manufacturing, Agribusiness and Services, Middle East & Africa, noted that “Digital technologies have the power to transform small-scale farming in Africa.

“By making digital tools more accessible to farmers, cooperatives and last-mile retailers, Microsoft and IFC can together help the agribusiness sector to capitalise on the opportunities afforded by the digital economy.”

Around 155 million people were facing acute food insecurity in 2020 across 55 countries or territories, an increase of around 20 million people from 2019, according to the 2021 Global Report on Food Crises.

Of the 10 countries with the highest number of people facing food insecurity, six were in Africa.

Microsoft 4Afrika strongly believes that digital technology is one way to boost agricultural production and efficiencies.

The partnership will include Microsoft’s KuzaBot mobile chat platform, which will speed and ease the dissemination of vital information to farmers on good agricultural and business practices.

IFC’s Agribusiness Leadership Programme, which will be available on the Microsoft Community Training (MCT) platform, will help small businesses, aggregators, and farmer cooperatives improve their professionalism, productivity, and creditworthiness.

Over the long term, the partnership between Microsoft and IFC aims to deepen the understanding of factors that drive the adoption and use of digital solutions among smallholder farmers, farmer cooperatives, and other actors in the agriculture supply chain.

#Agribusiness #Digital Transformation #IFC #Microsoft 4Afrika Africa business Featured
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