How farmers and SMEs respond to the changing needs and preferences of consumers ? A session organised by the PAFO and COLEAD
Innovations Session N°15
09/11/2023
Technological innovations can equip smallholders and small and medium-sized enterprises (SMEs) with the necessary tools to support climate resilience, improve productivity, manage natural resources sustainably and be a catalyst of agrifood systems transformation. However, SMEs and entrepreneurs in the agrifood sector face challenges in their adoption in terms of initial investment, technological skills, and data privacy. These challenges can hinder their ability to compete effectively and realize the full benefits of modern technology.
Addressing these challenges requires a multi-faceted approach that involves government policies, financial institutions, capacity-building programmes, and industry stakeholders. Initiatives to provide affordable financing, improve digital literacy, develop technology infrastructure, and streamline regulatory processes can help smallholders and SMEs overcome these obstacles and fully harness the benefits of technological innovation in their operations. Additionally, fostering a culture of innovation and promoting the value of technology adoption among these businesses is crucial for their long-term success and competitiveness in the modern business landscape.
In the next Innovations Session, value chain actors will present how their technological innovations support unlocking the full potential of the African agrifood sector. Innovations range from food processing technologies, cooling systems, packaging technology and precision agriculture methods to mobile money and E-commerce platforms. Their versatility reflects the importance of adapting technologies and innovations to local needs, opportunities, and constraints, to ensure they are accessible to all who want to adopt them.
Session Categories
Networking
Join our Agrinnovators community forum to discuss and explore how to encourage innovations across agricultural value chains to transform food systems in Africa, promote sustainable agriculture, and leverage investment. Share insights, ask questions, and collaborate on innovative solutions for a greener future
Recent Innovations Sessions
Innovations Session N°20
Successful agroecological practices by farmers and SMEs in Africa A session organised by the PAFO and COLEAD
Innovations Session N°19
Innovations Session n°19 (19 June 2024) presents online agrifood marketplaces developed and used by African entrepreneurs and smallholders
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