In March 2022, in a joint effort, the Sankalp Forum and the IFC’s Global Index Insurance Facility (GIIF), ran the Africa AgTech & Inclusive Insurance Challenge aimed to celebrate and support young entrepreneurs who are working at the intersection of agriculture, insurance, climate, and gender to build resilience for smallholder farmers. Together, they identified 5 of the most promising AgTech enterprises who are looking to scale their innovative solutions that are driving agriculture resilience across sub-Saharan Africa.

“The role of technology and innovation will be critical to driving growth in underpenetrated financial and insurance sectors across Africa, where a young and growing pool of tech talent and a dramatic increase in digital connectivity will directly boost Africa’s economic value,” said James Smouse, Global Head of Insurance in IFC’s Financial Institutions Group.

Each of these 5 finalists currently help solve complex social challenges through cutting edge innovations and high potential entrepreneurship, and have shown ability to scale, disrupt, and transform the sectors with their promising ideas. Click here to know who they are, where are they based, and how their innovative solutions are helping to solve current challenges in the region.