East Africa is generally an agricultural economy. However, in as much as farmers put in an effort, most still wallow in abject poverty due to poor governance and organization.
Further, the challenge in accessing funding to expand the business is a major impediment to a thriving agricultural economy.
In January, we informed you on the launch of the Village Capital Agriculture FinTech Accelerator Program. The program was accepting applications from startups which seek to improve the lives of small-holder farmers by increasing access to financial services for them.
The applications has been ongoing and these have since been narrowed down and 12 startup firms selected for training on business development. The companies will now go through the 3 month accelerator program which is to be launched at the Nairobi Garage space on April 16, 2015 from 6 pm-9 pm.
The event will be a great opportunity to meet the 12 companies and hear their ideas of transforming the lives of farmers across East Africa as well as to network and meet potential investors. Limited spots remaining.