Artificial Intelligence in Farming & Solutions for Limited Access to Internet

Artificial intelligence in farming -farmer-on-a-field

Artificial Intelligence in farming – Did you know that agriculture and farming are among the oldest and most important professions in the world? About 2 billion (26.7%) of the world’s population earn their livelihood through agriculture, and it is the second most significant source of employment after services. The agricultural sector plays an essential role in the economy; from job creation and employment, to contributing to national income, source of food supply, and providing raw material, the list is endless. 

By 2050 it is expected that the world’s population would be over 9 billion. A 70% increase in agricultural production is required to meet this demand.

The continuous increase in the world’s population is expected to lead to insufficiency in the land, water, and other critical agricultural resources. To overcome this challenge, there is a need to approach agriculture using Artificial Intelligence as an innovative method in proactively tackling the challenges of these limited resources.

Artificial Intelligence demonstrates human intelligence through machines programmed to efficiently solve problems or tasks, from simple to complex ones. It is used across various industries and technologies such as virtual assistants, self-driving cars, and more.

The principles of problem-solving through Artificial Intelligence have also been applied to the agricultural sector, with many more AI technological solutions being developed daily.

4 Artificial Intelligence in Farming Solutions

Here are some significant ways Artificial Intelligence is solving problems in the agricultural sector and making farming more profitable:

  1. Weather forecasting.
  2. Precision Farming and Predictive Analytics.
  3. Soil and Plant Health Monitoring System.
  4. Solution for Farmers with Limited Access to the Internet.
Artificial intelligence in farming-weather-forecasting

Weather forecasting

Global warming and increasing pollution have made it difficult for farmers to plan for the right time to plant seeds adequately. With Artificial Intelligence, farmers can monitor the weather conditions by using weather forecasting, which helps prepare the crop type and when farmers should plant seeds.

Precision Farming and Predictive Analytics

Improvements in AI solutions in agriculture have made it possible to develop applications and tools that provide farmers with precise data and controlled farming. By giving proper guidance to farmers about water management, crop rotation, timely harvesting, type of seeds to be sown, optimum planting, pest attacks, nutrition management, and more.

Soil and Plant Health Monitoring System

The quality of the soil and crop plays a vital role in the quality of farm produce during harvest. Monitoring and ensuring plants are growing correctly, pest detection, crop infection, proper fertilization of crops, and more can be strenuous for farmers to do manually, especially if the farm sits on a large expense of land.

At Babban Gona, we use a similar Artificial Intelligence solution built by our developers. It helps our members monitor their crops and soil by scanning them with a basic android smartphone. It helps our members identify and detect defective soils and sick plants.

Solution for Farmers with Limited Access to the Internet

Majority of farmers who practice farming in rural areas across Africa have limited access to the internet, a recent study showed that less than 40% of household farmers in Africa have access to the internet. Another study attributed this challenge to the lack of ICT infrastructures through which rural farmers can access internet-based service. 

Without the internet farmers would be unable to access the information they need for profitable farming and the use of artificial intelligence technological solutions for farming, which are mostly internet-based.

Acknowledging this challenge has helped us at Babban Gona focus on creating artificial intelligence solutions that are useful to our members, majority of whose farm fields are situated in rural areas with poor cellular/internet connections. We embed offline capabilities to our application functionalities to prevent situations where the applications may be dysfunctional due to a lack of internet connection.

Our AI models are optimized and deployed directly into our mobile applications so they can make predictions without requiring an internet connection. Collected data can later be synchronized to our servers when the users of the applications are in locations with good access to internet.

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Frank Altman

Non-Executive Director

Pioneer of secondary markets for community development and $3.5B+ in managed funding.

Frank Altman is the founder and first CEO of the Community Reinvestment Fund (CRF), USAwhere he pioneered secondary markets for economic development loans. Under his leadership, CRF funded over $3.5 billion in loans across 50 U.S. states. He was instrumental in designing the federal New Markets Tax Credit and is an advisor to the Federal Reserve Bank of San Francisco.

Altman is an Ashoka Senior Fellow and the author of A New Capitalism: Creating A Just Economy That Works For All. He brings global expertise in risk management and capital structures to Babban Gona.

Michael Jainzik

Independent Non-Executive Director

Michael Jainzik works as an independent consultant and brings his extensive expertise in the areas of agricultural finance, international investments, risk management and corporate governance. He is currently based in Rome, Italy.
 
From 2001 to 2011, Michael worked as an investment professional at KfW Development Bank, focusing on international debt financing and equity investments in investment funds and banking institutions, mainly in the areas of agricultural finance and microfinance. From 2011 to 2015 he worked as Director of KfW’s office in Windhoek. In this role, he helped manage and develop KfW’s EUR 250 million portfolio in Namibia. From 2015 to 2017, he took on the position of Head of Corporate Development at Access Microfinance Holding, where he was responsible for structuring and leading a merger process between Access Holding and another company.
 
Prior to joining Babban Gona, Michael served as a non-executive director in Access Bank Azerbaijan (2006-2011, Chairman), Belarusian Bank for Small Business (2008-2011), Rural Impulse Fund II Luxemburg (2010-2011) and AB Bank Zambia (2011-2016).
 
Michael studied economics and management at the Universities of Lüneburg and Witten/Herdecke (Germany) and at ETEA – Universidad Loyola in Córdoba (Spain) and holds a Master’s degree in economics and management.

Alhaji Bello Maccido

Board Chairman

Over 32 years of executive leadership in corporate and investment banking.

Alhaji Bello Maccido is a distinguished leader in the Nigerian financial services sector. He currently serves as the Chairman of FBN Merchant Bank Ltd. and has previously held board positions at FBN Holdings Plc, First Bank of Nigeria Plc, and Legacy Pension Manager Limited.

He holds the traditional title of “Wakilin Sokoto” and is a Fellow of both the Chartered Institute of Stockbrokers and the Chartered Institute of Bankers of Nigeria.

Alhaji Maccido’s educational background includes an LL.B from Ahmadu Bello University and an MBA from Wayne State University. He is a Barrister at Law (BL) of the Supreme Court of Nigeria and an alumnus of executive programs at Harvard Business School and IMD Lausanne.

Muhammad Sanusi, CON

Chairman of the Board

His Highness Muhammad Sanusi was appointed the 10th Governor and Chairman of the Board, Central Bank of Nigeria on 3 June 2009. He earned Bachelor’s and Master’s degrees in Economics from the Ahmadu Bello University, Zaria, and also has a first-class degree in Sharia and Islamic Studies from the African International University, Khartoum, Sudan.
 
From working as a lecturer at the Ahmadu Bello University, where he taught Economics, he joined the banking industry in 1985, and by January 2009 had risen to General Manager and Group Managing Director of First Bank of Nigeria PLC, Nigeria’s oldest and biggest bank. Mallam Sanusi has been conferred with a National Award of Commander of the Order of the Niger (CON) by the President of the Federal Republic of Nigeria and has also been awarded the “Global Central Bank Governor for 2010” by The Banker Magazine, a publication of the Financial Times.
 
He was also voted Central Bank Governor of the Year for Sub-Saharan Africa 2009 (an award he won again in 2010) by Emerging Markets, a publication of Euromoney Institutional Investors. In 2011, Mr. Sanusi was named Forbes Africa Person of the Year for 2011. He was also listed by TIME Magazine as one of the 100 most influential people in the world. Kola Masha (Managing Director) Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore.

Lola Masha

Non-Executive Director

Dr. Lola Masha is a seasoned technology leader with over 15 years of experience at the intersection of mobility, technology, and agriculture. She currently serves as a Partner at Antler, a global early-stage venture capital firm. Previously, she was the Regional General Manager for North, East, and West Africa at Bolt, overseeing strategic operations in a high-growth mobility sector.

Her career includes leadership roles as Director of Trust and Safety at OLX Group (overseeing 30+ markets) and Country Manager for OLX Nigeria. She was also one of the earliest employees at Google Sub-Saharan Africa. Dr. Masha holds a PhD in Chemical Engineering from the University of California, Berkeley, and a B.Sc. from the University of Virginia.

Kola Masha

Managing Director

First leader of a for-profit social enterprise to win the Skoll Award for Social Entrepreneurship.

Prior to co-founding Babban Gona, Kola was CEO of a subsidiary in the Notore Group, where he led a commercial strategy to sell one million tons of fertilizer and raised $130 million in equity.

He has held leadership roles at GE and Abiomed and served as a Senior Advisor to the Nigerian Minister of Agriculture.

Under his leadership, Babban Gona became the first for-profit social enterprise to win the prestigious Skoll Award for Social Entrepreneurship, recognizing the organization’s innovative approach to transforming smallholder farming in Nigeria.

He holds an MBA with Honors from Harvard and a Master’s in Mechanical Engineering from MIT.

Kola Masha

 

Prior to Babban Gona, Kola was a Managing Director and CEO of a major subsidiary in the Notore Group, one of Nigeria’s leading agricultural conglomerates, where he raised US$24 Million to develop an integrated agricultural trading, production and processing business.

Furthermore, he led the development and execution of Notore’s commercial strategy across West and Central Africa, preparing the company to sell one million tons of fertilizer and establish a modern seed business.

He led the effort to raise $130 million in equity and the restructuring of $360 Million in debt. Kola brings significant leadership experience in venture capital, corporate finance, business development, marketing and operations, across four continents with multiple global companies, including GE, Notore and Abiomed. In addition, Kola brings extensive public sector experience as Senior Advisor to the Nigerian Minister of Agriculture.

In recognition for his leadership in driving positive change on the African Continent, he has received several global awards including the prestigious Eisenhower Fellowship, a leading leadership institute led by General Collin Powell and appointed to the Board of the African Enterprise Challenge Fund, a $250 Million fund that awards grants and repayable grants to private sector companies to support innovative business ideas in agriculture, agribusiness, renewable energy, adaptation to climate change and access to information and financial services. Kola holds an MBA (Honors) from Harvard and a Masters in Mechanical Engineering from the Massachusetts Institute of Technology.