Launched by the World Bank, Africa-Korea Agtech Innovation Challenge is set to bridge the gap between innovators and explore the potential to incorporate disruptive agricultural technologies (DATs) into its work.
Africa-Korea Agtech Innovation Challenge is supported by the Korea World Bank Partnership Facility (KWPF) and the Korean Green Growth Trust Fund (KGGTF), with partnership from Plug and Play Tech Center.
Fifteen finalists, who will pitch their solutions at the Africa-Korea Agtech Innovation Summit in Nairobi, Kenya in February 2023, will be selected from the online application process.
The goal is to scale digital and non-digital innovations that enable the sustainability of smallholder farmers, helping them overcome current constraints, improve their yields, incomes, nutritional status, and climate resilience.
These technologies range from mobile apps to digital identities for farmers, solar applications for agriculture, portable agriculture devices, and bio-fortified foods. DATs empower farmers by either (i) accelerating agri-food outcomes by multiple folds (3-5x) and/or by (ii) circumventing the conventions of the value chain to achieve the same/better results — but with a more efficient agri-food outcome.
The finalists will be showcased to key government officials from Kenya, Uganda and South Korea, World Bank stakeholders, prominent accelerators and venture capital firms (VCs).
They will also receive networking and learning opportunities, as well as field trips to some of Kenya’s agri-innovation sites.
The winning solutions will also potentially have an opportunity to join the One Million Farmers Platform in Kenya.
Innovators whose solutions are addressing one of these three themes can apply:
- Improving agricultural productivity and efficiency
- Improving market access and providing downstream and upstream linkages
- Financial inclusion of farmers
How to apply
Apply for the Africa-Korea Agtech Innovation Challenge to attain global acceleration. Applications close on Wednesday, November 30, 2022.