Why was the project undertaken?
For a long time, many stakeholders in the Agricultural Sector have found it hard to accurately quantify the area under production and yield particularly, which reduces visibility in the sector. This makes it hard for financial institutions to commit themselves in funding agricultural activities and also for insurance companies to insure crops.
The georeferenced yield data collected will help to generate yield maps through use of Remote sensing and machine learning and also create platforms for monitoring crop health for farms throughout the crop life cycle. Yield estimation will also help crop insurtech companies have more data for pricing and financial institutions can also have enough data that will give them confidence to fund agricultural activities.
The georeferenced yield data collected will help to generate yield maps through use of Remote sensing and machine learning and also create platforms for monitoring crop health for farms throughout the crop life cycle. Yield estimation will also help crop insurtech companies have more data for pricing and financial institutions can also have enough data that will give them confidence to fund agricultural activities.