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Online marketplace helps local farmers flourish


Online marketplace helps local farmers flourish
gcis vuk uzenzele > By gcis vuk uzenzele - 03 March 2021 - 07:00
Zamokuhle Thwala, founder and creator of AgriCool online platform.
Image: Supplied.
KwaZulu-Natal-based Zamokuhle Thwala (29) has created a digital crowdfunding platform that empowers smallholder farmers.  
AgriCool is an online marketplace that links smallholder farmers and buyers to a fair and reliable market. Thwala says the platform also helps farmers secure financial assistance and gives them access to real-time information that they need to improve production. 
The entrepreneur, who was once a smallholder farmer himself and knows how hard it is to secure the money needed to get started, and then to find good markets for your products. ....

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SA Breweries pumps R12.6m into social innovators and disability groups


SAB Foundation Social Innovation and Disability Empowerment Awards.
The SAB Foundation s primary beneficiaries are women, youth, people living with disabilities and people living in rural areas, or from low-income backgrounds.
Founded in 2010, the foundation provides funding for small, medium and micro-sized enterprises in order to contribute to economic and social empowerment.
A total R12.6 million in grant funding and business development support was given away to 17 social innovators and disability groups at the 10
th annual SAB Foundation Social Innovation and Disability Empowerment Awards.
The ceremony was held virtually on Tuesday.
Meat Naturally and Agricool Finance were awarded joint first place in the Social Innovation Awards, while Leafline Washable Sanitary Wear scooped first place in the Disability Empowerment Awards.  ....

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AlphaCode announces top 10 businesses for R10m fintech support programme


Feb 2, 2021
Almost 200 fintech businesses applied for the AlphaCode Incubate programme which aims to grow innovative financial services entrepreneurs and find the next OUTsurance or Discovery.
Ten of them have been selected for a development programme that provides funding, guidance from performance coaches and a panel of advisory experts, access to AlphaCode’s co-working space and opportunities to apply for further early-stage investment.
The 12-week intensive pre-incubation programme is valued at R500 000, including R150 000 in grant funding for each participant. This jump-start programme has just begun and focuses on achieving a viable business.
It culminates in a demo day, where participants will compete for a place in a six-month step-up programme. Step-up offers grant funding of R500 000 for each startup and intensive incubation focused on achieving both product-market fit and financial viability. ....

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Tech-savvy farmer changes finance game for smallholders


02 February 2021 - 13:50
Zamokuhle Thwala was struggling as a smallholder farmer when he got a brilliant idea to start a fintech company to empower farmers like him.
His company AgriCool, which was founded in 2019, is a digital crowdfunding platform that allows for individuals to empower smallholder farmers who are deprived access to finance through conventional banks by investing in their agribusinesses.
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