Digital farmer platforms

Digital farmer platforms

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Digital farmer platforms
Digital farmer platforms
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SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Food and Beverage
Food and Beverage Retail
Business Model Description

Develop and operate mobile platforms to establish links between smallholder farmers and markets.

Expected Impact

Provide market opportunities for farmers with better conditions, and reduce food waste.

How is this information gathered?
Updated: 9 Jul, 2021 Date of Production: 1 Feb, 2021
Kenya
Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
20% - 25% (in ROI)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
73.2% of smallholder farms with an output of USD 4.31 billion.
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
< USD 500,000
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Zero Hunger (SDG 2) Responsible Consumption and Production (SDG 12)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
No Poverty (SDG 1) Gender Equality (SDG 5) Reduced Inequalities (SDG 10)

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Sector Sources
  • 1) World Bank (2020). Kenya Economic Update: Turbulent Times for Growth in Kenya. 2) World Bank database, 2020. https://data.worldbank.org/ 3) ISIC Classification Revision. Comparative Industry Forecast Tables - Agriculture. 4) International Food Policy Research Institute (2018). Post-Harvest Losses in Fruits and Vegetables: The Kenyan Context. http://ebrary.ifpri.org/utils/getfile/collection/p15738coll2/id/132325/filename/132536.pdf 5) World Economic Forum (2019). Challenges facing Africa's female farmers. https://www.weforum.org/agenda/2019/10/challenges-facing-africas-female-farmers/ 6) Mercy Corps (2020). Agricultural Logistics in Kenya: Landscape and Solutions. https://www.mercycorpsagrifin.org/2020/09/08/agricultural-logistics-in-kenya-landscape-solutions 7) Kenya National Bureau of Statistics (2019). Gross County Product 2019. 8) Ministry of Agriculture (2019). Agricultural Sector Transformation and Growth Strategy: Towards Sustainable Agricultural Transformation and Food Security in Kenya 2019-2029.
IOA Sources
  • 9) Twiga (2019). Twiga Foods Secures $30M to digitize food distribution. https://twiga.ke/2019/10/28/twiga-foods-secures-30m-to-digitize-food-distribution/ 10) Craft. Twiga Foods competitors. https://craft.co/twiga-foods/competitors 11) Kenya National Bureau of Statistics (2020). Kenya Economic Survey 2020. https://www.knbs.or.ke/?wpdmpro=economic-survey-2020 12) Deloitte. Reducing Post-Harvest Loss Through a Market-Led Approach. https://www2.deloitte.com/content/dam/Deloitte/za/Documents/consumer-business/ZA_FL2_ReducingPHLThroughaMarket-LedApproach.pdf 13) Netherlands Enterprise Agency (2019). Digital Farming in Kenya. https://www.rvo.nl/sites/default/files/2019/12/Digital-Farming-in-Kenya.pdf 14) Alliance for a Green Revolution in Africa (2019). The Agribusiness Deal Room at the 2019 African Green Revolution Forum (AGRF). https://agrf.org/dealroom/wp-content/uploads/2020/07/Agribusiness-Deal_Room-AGRF-booklet_020919.pdf 15) Mercy Corps (2020). Agricultural Logistics in Kenya: Landscape and Solutions. https://www.mercycorpsagrifin.org/2020/09/08/agricultural-logistics-in-kenya-landscape-solutions 16) Nyambura Ndung’u, M., Lewis, C. and Mothobi, O. (2019). The State of ICT In Kenya. Policy Paper No.9, Series 5: After Access. Research ICT Africa. 17) World Bank (2019). Country Private Sector Diagnostic - Creating Markets In Kenya: Unleashing Private Sector Dynamism to Achieve Full Potential. 18) World Bank (2020). Kenya Economic Update: Turbulent Times for Growth in Kenya. 19) Meijers, H. (2007). ICT Externalities: Evidence from cross country data. United Nations University. https://www.merit.unu.edu/publications/wppdf/2007/wp2007-021.pdf 20) Ministry of Agriculture (2019). Agricultural Sector Transformation and Growth Strategy: Towards Sustainable Agricultural Transformation and Food Security in Kenya 2019-2029. 21) Republic of Kenya (2018). Third Medium Term Plan 2018 – 2022 Transforming Lives: Advancing Socio-economic Development Through The 'Big Four'. 22) Constitution of Kenya 2010. https://www.wipo.int/edocs/lexdocs/laws/en/ke/ke019en.pdf 23) Agriculture, Fisheries and Food Authority Act 2013. http://extwprlegs1.fao.org/docs/pdf/ken122137.pdf 24) Agriculture and Food Authority. Background. https://agricultureauthority.go.ke/index.php/en/homepage/background 25) Crops Act 2013. http://extwprlegs1.fao.org/docs/pdf/ken122138.pdf 26) KENIvest. Investment Incentives. http://www.invest.go.ke/starting-a-business-in-kenya/investment-incentives/ 27) Deutsche Welle (2013). Women take over Kenya's farming sector. https://www.dw.com/en/women-take-over-kenyas-farming-sector/a-16716322 28) SDG Tracker (2021). End poverty in all its forms everywhere. https://sdg-tracker.org/no-poverty