Olumuyiwa Olowogboyega
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Pula, a Kenyan insurtech startup that provides agricultural insurance to smallholder farmers across Africa, has closed a $6 million Series A funding round. The startup was founded by Rose Goslinga and Thomas Njeru in 2015. Pula describes itself as being “at the center of an ecosystem that helps them manage their risks with insurance and digital solutions.”
In Africa, where technological input in smallholder farming is still at a low level, farmers face risks like climate change, pest species, and crop diseases. They manage these risks without any form of insurance, putting their financial stability at risk.