Global Courant 2023-04-25 14:35:59
AFEX, a leading player in the commodities market, announces the expansion of its annual Code Cash Crop to Kenya and unveils “Scaling Market-Led Solutions” as the theme for the event to be held in August 2023. The company is also now accepting applications from talent in Kenya for the Ag hackathon portion of the event. Code Cash Crop is an exciting industry event that leverages innovation in the agriculture, finance and technology sectors to solve problems related to Africa’s food systems.
This announcement comes after AFEX expanded its operations and opened its Kenyan office in 2021, as part of its strategic mission to penetrate the African commodities market and replicate its success in Nigeria in creating access to pan-African commodity trade across Africa , while strengthening the continent’s position. Food Safety.
While the first editions focused on bringing industry players together to discuss how their industries fit together and opportunities for collaboration to solve African food problems, this year’s theme focuses on prioritizing conversations and ideas around solutions that close a significant gap in the market while optimizing sustainability and profitability.
The Ag Hackathon is built to provide young entrepreneurs with a unique opportunity to create innovative ideas and profitable business models that solve problems in the ecosystem. emphasis on data and analytics, market access and input, as well as credit facilities. Both the ag hackathon and the Code Cash Crop main event will bring together the biggest innovators to consider efficiency and competitiveness as key roadmaps to a thriving food system in Africa.
Speaking on this year’s edition of the event, the MD, AFEX Fair Trade Limited Kenya, Tabitha Njuguna stated, “We are delighted to include Kenya in this year’s version of Code Cash Crop. Kenya is fast becoming East Africa’s largest economy with an expected growth of 5.4% in 2024, according to the World Economic Outlook. This expansion therefore comes at the right time and is important in this phase of Kenya’s development. The Code Cash Crop event is a unique opportunity to strengthen collaboration between finance, technology, agriculture and government, and this year we are incredibly committed to fostering conversation and developing profitable solutions through the Ag hackathon.”
The grand finale will feature a live pitch session from the Kenyan and Nigerian Ag hackathon participants, networking and panel discussions from experts from agriculture, agribusiness, finance, government and other stakeholders, as well as exhibitions from startups within the same industries.
To register for the Ag hackathon, go to the AFEX website.
