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The company will use funding led by Monsanto Growth Ventures to develop products that combine drones, data analytics and genomics to improve crop yields.

The bank finds the African poultry sector needs investors to strengthen the value chain linking grains, feed and meat.

Radicle is targeting $15m and will provide seed money and consulting services to genomics, seed tech, biological inputs, data and analytics companies.

A World Economic Forum panel said rural development and technology are needed for the region to take advantage of its strong resources and boost production.

Saudi government-owned agri specialist has increased its holding in G3 Global Grain Group by buying Bunge shares.

The capital includes a recent $30m pledge from the University of Michigan Regents, with soft commitments pushing the debt fund above $500m.

The Dutch bank and technology incubator RocketSpace have launched a food and agtech accelerator.

The firm sees opportunities in dairy, supply chain management and farm-to-fork models.

The RDIF plans to make $4bn in co-investments to agriculture aby 2018, and will focus on businesses with local and export markets, its chief executive officer Kirill Dmitriev said earlier this week.

The IFC is providing feed, farming and veterinary company Anova with $15m in financing, as it looks to improve Vietnam's livestock sector.