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Market Watch July 16, 2019

Africa’s Emerging Agritech Market Valued at €5.3B

By The Daily Sun (Nigeria)

According to the “State of Digitalisation of Agriculture in Africa 2019,” the agriculture market in Africa is projected to grow to $1 trillion by 2030 and continues to be a catalyst of sustainable development for enhanced food security, reduction of poverty, and the overall growth of the continent’s economy, reports The Daily Sun (Nigeria).

The new report by the Technical Centre for Agricultural and Rural Cooperation (CTA) and Dalberg Advisors says Africa’s emerging agritech market is valued at €5.3 billion. Technologies such as mobile telephony or blockchain have become enablers that can be used to solve some of the challenges plaguing the sector.

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Continue reading at The Daily Sun (Nigeria).

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The Daily Sun is a Nigerian daily print newspaper founded and published in KiriKiri Industrial Layout, Lagos, Nigeria.
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