Innovation

Value chain platform to reduce risks for agro business in Africa

Market Maturity

These are innovations that are progressing on technology development process (e.g. pilots, prototypes, demonstration).More about market maturity categories

Innovation topic

Other

Date of analysis

Innovation Radar's analysis of this innovation is based on data collected on 19/07/2018

Go to market needs

Needs that, if addressed, can increase the chances this innovation gets to (or closer to) the market incude:

  • Secure capital
  • Project

    This innovation was developed under the Horizon 2020 project NADiRA. Details of this project are provided below:

    Project acronym: NADiRA

    Project Title: Nurturing Africa Digital Revolution for Agriculture

    Project description: NADiRA aims to incorporate Copernicus, other Earth Observation products and in-situ IoT devices into mAgriTM, an existing value chain orchestration platform connecting, in smallholder contract farming, producers with banks, insurers, input providers and agro-industries to control risks and improve the productivity, security, and welfare of tens of thousands of African farmers. By industrializing EO products , NADiRA reduces mAgriTM’s operating costs, while increasing the timeliness, granularity and reach of its following services: (1) Agricultural investment risk mapping, to reduce finance institutions cash-out and increase availability of input credit to smallholders, (2) More robust, affordable agricultural insurance contracts, to reduce persistent climate risk, (3) Improved smallholder tactical management of crop nutrient deficiencies and post-harvest losses to increase productivity, harvest quality and income. NADiRA demonstrates, on a large market scale, the economic and commercial viability of the combination of EO, IoT and mobile technology and its leverage on the new business model implemented by MANOBI, Swiss Re, credit and insurance institutions and agro-industries to improve smallholder productivity. Four pilots run in parallel in Senegal and Nigeria targets (i) different crop types and production systems (irrigated rice, rainfed peanuts, maize and sorghum) in (ii) 10 crop campaigns (4 irrigated, 3 rainfed) and (iii) various production environments and management practices. This demonstration sustains the development of a business plan with financial objectives and an associated roadmap to capture 30% of the addressable market in Africa. The outreach actions benefits from the communications channels of the NADiRA partners, active in Africa (MANOBI, Swiss Re, ICRISAT, local banks and farmers associations), in Europe (SPACEBEL, University of Liège, Viveris and EUGENIUS association) and Asia (ICRISAT). A Copernicus Relay will be established in West Africa.

    Project end date: 30/04/2020

    More info:

    • Read more about this project on CORDIS (find names of contact persons and their phone numbers on the CORDIS page)

    • Details of this project on the Horizon 2020 dashboard

    Key Innovator(s)

    MANOBI SENEGAL - SA

    DAKAR, SN

    Small or Medium Enterprise

    SPACEBEL SA

    LIEGE ANGLEUR, BE

    Small or Medium Enterprise