The adoption of new innovations such as irrigation systems, drought-resistant hybrid seeds or gaining access to asset-backed micro loans by smallholder farmers is a complicated issue. Nearly 60% of the global population live on less that $4 a day. Of this, 80% live in rural areas and agriculture is the primary source of income for over 80% of this huge rural population.
Adopting suitable innovations could improve the lives of the 2.5 billion people that rely on agriculture for their livelihoods. However, many innovative technologies remain widely inaccessible, typically in remote rural areas where governments and traditional aid has fallen short. In response to this, there has been an upsurge of start-up companies aiming to connect farmers to new innovations. By offering new products, services and markets to smallholder-farmers, farmers can increase their incomes and enjoy an improved quality of life.
Connecting farmers to innovations
Released on the 17th of November, managing…