Agritech in Africa and the Middle East
Innovation in modern agriculture is more important than ever. The industry is grappling with a host of challenges: from rising costs of essential resources to fundamental changes in consumption patterns and a booming global population. Across the world and a range of stakeholders, from corporations to governments, there is a growing recognition that immediate solutions are necessary to address the pressing challenges in food production. Today, the central question in agriculture centers around how to sustainably, securely, and nutritiously feed a growing population, in light of diminishing resources, land and water scarcity, trade disruptions and climate change.
Over the last 50 years, science-backed agriculture technologies have offered much of the solutions, already transforming what was once an inefficient, analogous, and unsustainable industry. Advances in machinery grew the scale, speed, and productivity of equipment, leading to better land productivity. The development of seeds, irrigation systems and fertilizers improved farmer yields. Yet, these only scratch the surface of the potential of technologyin this sector. The last decade of innovation demonstrated that a disruption of traditional agriculture is possible, imminent and only just beginning. Artificial intelligence, data analytics, connected sensors, biotechnology and other emerging technologies are growing yields, enhancing the efficiency of water, land and energy, and improving agri-supply chains all with the objective of ensuring food is available, accessible, nutritious and secure for every individual, while protecting and preserving the planet.
Learn more in our 2023 Agritech in Africa and the Middle East Report.