Monday, September 29, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Nile, a South African Agri-Tech Startup Secures $11.3 Million in a funding round

Tech Gist Africa by Tech Gist Africa
06/15/2025
in Funding, News - South Africa
0 0
0
Nile South Africa

Nile South Africa

0
SHARES
Share on FacebookShare on Twitter

South African agri-tech startup Nile has successfully raised ZAR 200 million (approximately $11.3 million USD) in a funding round aimed at expanding its digital marketplace and enhancing access to financing for farmers across Southern Africa.

Founded in 2021 by Louis de Kock, Eugene Roodt, and Rick Kleynhans, Nile provides a digital platform that addresses key challenges in the agricultural sector, including:

  • Price Transparency: Enabling farmers to access real-time pricing information.

  • Quality Verification: Ensuring the quality of produce through standardized assessments.

  • Payment Speed: Accelerating payment processes to improve cash flow.

  • Produce Traceability: Tracking the journey of produce from farm to market.

  • Reducing Food Waste: Minimizing losses through efficient logistics and inventory management.

The company’s platform connects farmers directly with buyers, streamlining the supply chain and reducing reliance on intermediaries.

The funding round was led by the Cathay AfricInvest Innovation Fund, with co-investment from FMO, the Dutch entrepreneurial development bank, and participation from Platform Investment Partners, an existing investor. This investment underscores the confidence investors have in Nile’s potential to revolutionize the agricultural sector through technology-driven solutions.

With the new capital, Nile plans to Increasing the range of products available to farmers, partnering with leading banks to provide farmers with access to capital and developing a comprehensive platform that offers value-added services and reduces risks for farmers.

Co-founder Louis de Kock emphasized the rapid adoption of Nile’s digital trading solutions by farmers and expressed the company’s commitment to building a robust digital ecosystem that supports farmers’ needs beyond trade.

Nile’s successful funding round marks a significant milestone in the company’s journey to empower farmers through digital solutions. With the support of strategic investors and a clear vision for expansion, Nile is poised to play a pivotal role in transforming the agricultural landscape in Southern Africa.

Read more on Tech Gist Africa: 

AURA, a South African Emergency-Response Startup Raises US $15.1 Million Series B funding round

Stitch, a South African Fintech Startup Stitch Secures $55 Million in Series B Funding

NOSIBLE, a South African AI Startup Secures $1 Million in Pre-Seed Funding

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Rekindle EpiTek
Acquisition

Rekindle Learning Acquires EpiTek to Forge Africa’s Premier Corporate Training Platform

by Tech Gist Africa
09/29/2025
0

Rekindle Learning, a leading South African digital learning company, has acquired Cape Town-based edtech startup EpiTek to create Rekindle EpiTek,...

Read more
Rulebase

Rulebase Secures $2.1M Pre-Seed Funding to Revolutionize Fintech Back-Office Automation

09/26/2025
SunCulture Kenya

SunCulture, a Kenyan climate-tech startup has secured a $5 million funding

09/26/2025
AGF Visa Foundation

AGF and Visa Foundation Unveil $2M Fund for Women Entrepreneurs in Africa

09/26/2025
Justyol Morocco

Justyol, a Moroccan e-commerce startup has raised $1 million in funding

09/26/2025
Next Post
Kera Senegal

KERA, a Senegalese E-Health Startup Secures $10 Million Funding

Zero Carbon Charge South Africa

Zero Carbon Charge, a South African startup secures US$5.6 Million investment

Apple WWDC 2025

Apple Unveils iOS 26, macOS Tahoe, and AI Innovations at WWDC 2025

No Result
View All Result

The Big 5

Food Security

How Technology is Advancing Global Food Security and Reducing Hunger

by Tech Gist Africa
09/26/2025
0

...

Nvidia Abu Dhabi Robotics Lab

Nvidia and Abu Dhabi Institute Launch Middle East’s First AI & Robotics Lab

by Tech Gist Africa
09/26/2025
0

...

MultiChoice

Canal+ has officially completed its $3.17 billion acquisition of South Africa’s MultiChoice Group

by Tech Gist Africa
09/26/2025
0

...

216 Capital & Plug and Play Accelerator

216 Capital & Plug and Play Launch Tunisian Accelerator to Bridge Local Startups to Global Stage

by Tech Gist Africa
09/26/2025
0

...

Funding

Groundbreaking UK Tender Aims to Map East Africa’s Start-Up Financing Landscape

by Tech Gist Africa
09/26/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.