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EP 42 I Shalom Ben Or : Building a fintech company for the African agriculture sector.
Manage episode 357490819 series 3258682
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Avenews is a fast-growing Israeli-Kenyan fintech company building the first financial super app for the agriculture industry in Africa.
Despite their economic contribution, agri-SMBs receive only 3-5% of total bank credit. An estimated 2.5M agri-SMBs are in need of financing solutions in SSA alone, resulting in an $80 billion finance gap in the sector.
Avenews is closing the gap through an ML-powered credit platform that enables Africa's agribusinesses to digitalize their business operations, make informed financial decisions, and access the financing they need.
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