Standard bank adopts data driven agricultural technology

In an era where technology is affecting every sector of the economy, the Standard Bank Group has partnered Rhiza Africa in a bid to boost Agricultural produce and increase farmers’ yields, through innovation that is driven by digital intelligence in Africa.

Standard Bank Group is the mother company of Zimbabwe’s Stanbic Bank.

While fertilizer, improved agricultural cultivation, and livestock practices, as well as better seed (biotech), can help improve yields, by far the biggest opportunity within the grasp of African agriculture lies in ‘agritech’, the intelligent use of data enabled by new digital technologies.

The satellite hosted-remote sensing innovation is delivered in partnership with service provider RHIZA Africa and backed by Origin Enterprises PLC and the European Space Agency.


Speaking on the tools, the General Manager for RHIZA Africa, Danie Swart, said: “Contour is an aggregated remote sensing information platform with a complete suite of farm monitoring tools for farmers, whereas GRID is a digital service for financial partners and farmers that helps them grow together.”

Available on mobile and desktop, Contour is a digital platform and mobile app providing precision farming tools enabling; customer creation, field mapping, agronomic planning and recording, and crop and input allocation.

Using algorithms to analyze and interpret images, Contour and Grid share data on; local weather, soil moisture, field accessibility, and leaf wetness, while also providing optical satellite monitoring of area planted, germination and growth progress. This enables growth stage assessments, yield prediction and ultimately yield-enhancement.

Available on mobile and desktop, Contour is a digital platform and mobile app providing precision farming tools enabling; customer creation, field mapping, agronomic planning and recording, and crop and input allocation.

This ‘agritech’ innovation allows farmers and Standard Bank to monitor crop performance on all sizes of farms and fields in all geographic regions. Both Contour and Grid also provide monitoring on an aggregated basis across regions, enabling portfolio tracking on; total hectares under a specific crop and total tonnes of inputs used.

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