Africa has a food bill in excess of $35 billion, with the agribusiness sector expected to grow tremendously to reach $1 trillion by 2030.

Currently, the food bill is being met through food importation.

Smallholder farmers alone produce 80% of the food consumed in Africa at less than 30% production output. To sustain the rising food demand in Africa, smallholder farmers will have to increase their production capacity by over 50% mid-term and achieve higher scale over the next 10 years.

But to achieve this, smallholder farmers need up to $450 billion in agri-financing to access quality inputs, mechanization, irrigation, technical support and open up markets for their produce.

At ifarm360, we are on a core mission to meet the food bill demand by creating a thriving local food economy through sourcing agri-finance from impact investors and matching it up with smallholder farmers.