Naspers, one of the world’s top 10 technology investors, is stepping up its investment in agriculture, having led a $17m (R253m) funding round for agri-tech start-up Aerobotics — the second such deal for the group announced this week.

Naspers, whose business is primarily in classifieds, food delivery and fintech, seems confident about growth opportunities in the smart agriculture market estimated to be worth $22bn by 2025, according to market research firm Research and Markets...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now