Kenya: AI-based agritech Apollo Agriculture helps farmers maximize profits

By : Adoni Conrad Quenum

Date : mercredi, 04 mai 2022 16:23

Agriculture is the cornerstone of several economies in Africa. Yet, the sector is underexploited. With the emergence of innovative digital solutions, hopes are high that the agriculture sector will actively contribute to development on the continent. 

Apollo Agriculture is a Kenyan startup founded in 2016 by  Benjamin Njenga, Earl St Sauver, and Eli Pollak. Through its digital platform, accessible through an android app only, it allows farmers access to inputs, funding, and previously inaccessible markets.  

It aims to help its users maximize their profits. Since its creation, the startup has completed several funding rounds, totaling US$52.2 million, to upgrade its technology and support growth. 

We are continuing to invest in growing faster; serving more farmers, helping them increase their acreage, and speeding up business. And So it will be a continued expansion in both Kenya and new markets,” said CEO Eli Pollak.   

To access the services offered by Apollo Agriculture, farmers must register through the android app, and provide information including their marital status and their cultivated areas. After that step, Apollo Agriculture collects satellite imagery of the farms and uses artificial intelligence to estimate solvency and machine learning to make better decisions concerning the loans that can be granted to a specific farmer. 

The startup claims over 100,000 farmers, more than a thousand retailers, and 5,000 agents, who operate across the country to attract farmers even from the most remote areas. For 2022, its ambition is to double the number of farmers in its portfolio. 

Adoni Conrad Quenum

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