To increase agricultural trade in Africa, it becomes necessary in the digital age to make changes to modernize supply chains, and increase the productivity and incomes of farmers.
Microsoft Group Africa Transformation Office (ATO) has signed a partnership agreement with the International Finance Corporation (IFC) to support digital transformation in the agricultural sector in Africa. The communiqué, released on Tuesday, October 15, informs that digital agricultural products will be introduced to support African agribusinesses and strengthen food security on the continent.
” Digital technology can improve the functioning of key supply chains in the food system by boosting production, improving business practices, promoting traceability and increasing access to finance. However, the use of digital tools in the African agricultural sector remains limited, often due to infrastructure, accessibility, awareness and regulatory issues. said Henrik Elschner Pedersen, IFC’s director for manufacturing, agribusiness and services in Africa.
Despite rapid urbanization, agriculture-related activities still constitute the livelihood of about 60% of the continent’s working population, accounting for 15% of the total gross domestic product. According to forecasts by United Nations agencies, the land under cultivation should expand and productivity increase thanks to better use of technologies and the implementation of intelligent and precision farming techniques.
According to Microsoft, through this partnership, digital tools, such as its AgBot and community training apps, will be integrated into the IFC’s agribusiness leadership program to provide better information, newer technologies and management skills training for agribusinesses, farmers and cooperatives.
In the long term, the collaboration between the two organizations will enable farmers to truly leverage the power of the digital economy. According to Kunle Awosika, Managing Director of Microsoft ATO, through digital channels, sensitive agronomic and business information is delivered directly to smallholder farmers to help them improve productivity as well as mitigate risks from climate change and weather events. unexpected.
” Combined, the digital tools encourage improved, more sustainable and resilient agricultural practices, as well as greater efficiency in the use of resources “, did he declare.
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