Venture Capitals often search for companies addressing sectors of the economy that are full of problems — and therefore ripe for disruption. From this perspective, Africa's agriculture industry should be an attractive market for VC investment. But despite increased interest, there have been few success stories for venture capital in the Sub-Saharan agriculture industry, especially compared to other industries like fintech, energy, ICT, consumer goods, education, and healthcare.
This paper explores why it’s been difficult to generate VC-level returns in agriculture, and some solutions that show promise.
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