Blockchain technology is planting the seeds of change in Africa’s farming sector, providing solutions to long-standing barriers like market access, financial limitations and fair pricing.
For farmers like Sophia Wambui Ngamate from Nakuru County, Kenya, aged 54, it has been a lifeline. “One Million Avocados has wonderfully assisted me in planting more than 120 avocado trees in my shamba,” she says of the Kenyan crypto project that uses orchard tokenization to further an aim to plant a million avocado trees across Africa.
One Million Avocados staff and farmers on site. (Supplied)
“They’ve trained me, linked me to other farmers, provided fertilizers, and are even helping us access better markets,” she says.
This revolution in agriculture is more than just digital—it’s tangible. Farmers such as Ngamate are gaining the tools, knowledge, and financial backing to transform their livelihoods.
And by linking rural farmers to global markets and resources, blockchain is unlocking new opportunities, offering a glimmer of hope to small-scale holder farmers in the continent.
Half of Africans rely on farming for their livelihoods
With over 1.4 billion people and an area of 30 million square kilometers (11.5 million square miles), Africa’s heartbeat lies in its agricultural sector. More than half of its population depend on farming for their livelihoods, contributing between 30% and 40% to the GDP of many countries across the continent
However, despite its critical role, Africa’s agricultural sector faces myriad challenges that threaten its sustainability and growth. Farmers, most of them owners of smallholder farms, are perceived as high-risk borrowers and often face barriers to accessing credit.
Also read: We took an ETHSafari to see how crypto is working out in Africa
This leaves them without the necessary capital to boost production, while high transaction costs and…
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