Droughts and other extreme weather phenomena threaten not only human lives, but also food security. And for a continent like Africa, where farming practices are not very profitable, the bill is even higher. In the Horn of Africa, the World Food Programme (WFP) estimates that at least 20 million people are at risk of famine as a result of the drought. As an alternative, scientists are proposing a form of agriculture that is profitable, sustainable and climate-resilient.
Agriculture in Egypt contributes significantly to both the economy and employment, accounting for more than 11 percent of the country’s gross domestic product (GDP) and 28 percent of all jobs nationwide. In recent years, traditional farming practices have faced challenges stemming from the mounting obstacles posed by climate change, food scarcity, wastage, inflated consumer prices,
East Africa’s fastest-growing aquaculture platform, Victory Farms, has successfully completed its $35 million Series B round to fund the expansion of its operations in Kenya, Rwanda, and potential entry into Ethiopia, Uganda and Tanzania.