Nile, the South African agri-tech startup, has successfully raised $11.3 million to enhance its digital trading platform, which connects farmers directly with buyers and suppliers across Southern Africa.
The funding round was led by the Cathay AfricInvest Innovation Fund, with participation from FMO, the Dutch development bank, and continued support from Platform Investment Partners. The investment will enable Nile to expand its operations, grow its agricultural inputs marketplace, and introduce tailored financing solutions that empower farmers and streamline trade.
Louis de Kock, Co-founder of Nile, highlighted the significance of this milestone, stating, “This investment allows us to continue driving efficiency and transparency in agricultural trade, ensuring farmers have seamless access to markets and essential resources.”
 Founded in 2021 by Louis de Kock, Eugene Roodt, and Rick Kleynhans, Nile has revolutionised agricultural transactions, providing farmers with fair pricing, fast payments, and quality verification for their produce. With the new funding, Nile aims to accelerate innovation in agricultural trade, ensuring sustainable growth for farmers and buyers across Southern Africa.
