May 19, 2020

Meeting Africa’s food demands

World Bank
agribusiness
agriculture
Food
mahlokoane percy ngwato
2 min
Meeting Africa’s food demands

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Our sister publication Food and Drink Franchise originally covered this story

A recent report by the World Bank stated that sub-Saharan Africa’s demand for food is set to increase by as much as 60 percent by 2030. 

Since food supply in Africa is often stretched, it will be a massive challenge for farmers across Africa and beyond to meet this potential surge in demand.

World Bank president Jim Yong Kim explained that one of the most effective approaches that food producers in Africa can use to increase both yield and production is to think about how the climate can affect production; and to use and develop complementary tools.  

This will be particularly essential in Africa, since it is predicted that some of the most transformative effects of climate change will occur on the African continent; needless to say that food production could face serious consequences.

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The report summed up the situation on the continent: “Climate change is projected to reduce crop yields by 15 to 20 percent in the poorest regions if temperatures rise above two degrees Celsius; this is also where food demand is expected to increase the most.”

It is also becoming clear that, while food producers from the rest of the world will be less affected by changing climate conditions, new measures will need to be brought in to step up exporting capacity.

According to the Nigerian Guardian, Dr. Elias Ayu,Director for the UN University Institute for Natural Resources in Africa stated that many countries will face becoming net importers for the first time.

Obviously a problem like this requires strongly directed and multifaceted approach; things need to be fine-tuned across the board, from agricultural technology to a mature discuss on population management.

[SOURCES: Guardian; All Africa; World Bank]

Read the May Issue of African Business Review. 

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Jun 14, 2021

5 minutes with... Janthana Kaenprakhamroy, CEO, Tapoly

Tapoly
Insurance
Leadership
Digital
Kate Birch
3 min
Heading up Europe’s first on-demand insurance platform for the gig economy, Janthana Kaenprakhamroy is winning awards and leading with diversity

Founder and CEO of award-winning insurtech firm Tapoly, Janthana Kaenprakhamroy heads up Europe’s first on-demand insurance platform for the gig economy, winning industry awards, innovating in the digital insurance space, and leading with inclusivity.

Here, Business Chief talks to Janthana about her leadership style and skills. 

What do you do, in a nutshell?

I’m founder and CEO of Tapoly, a digital MGA providing a full stack of commercial lines insurance specifically for SMEs and freelancers, as well as a SaaS solution to connect insurers with their distribution partners. We build bespoke, end-to-end platforms encompassing the whole customer journey, but can also integrate our APIs within existing systems. We were proud to win Insurance Provider of the Year at the British Small Business Awards 2018 and receive silver in the Insurtech category at the Efma & Accenture Innovation in Insurance Awards 2019.

How would you describe your leadership style?

I try to be as inclusive a leader as possible. I’m committed to creating space for everyone to shine. Many of the roles at Tapoly are performed by women and I speak at industry events to encourage more people to get involved in insurance/insurtech. Similarly, I always try to maintain a growth mindset. I think it’s important to retain values to support learning and development, like reliability, working hard and punctuality.

What’s the best leadership advice you’ve received?

Build your network and seek advice. As a leader, you need smart people around you to help you grow your business. It’s not about personally being the best, but being able to find resources and get help where needed.

How do you see leadership changing in a COVID world?

I think the pandemic has proven the importance of inclusive leadership so that everyone feels supported and valued. It’s also shown the importance of being flexible as a leader. We’ve had to remain adaptable to continue delivering high levels of customer service. This flexibility has also been important when supporting employees as everyone has had individual pressures to deal with during this time. Leaders should continue to embed this flexibility within their organisations moving forward.

They say ‘from every crisis comes opportunity’, what opportunities do you see?

The past year has been challenging, but it has also proven the importance of digital transformation in insurance. When working from home was required, it was much harder for insurers to adjust who had not embedded technology within their operating processes because they did not have data stored in the cloud and it caused communication delays with concerned customers at a time when this communication should have been a priority, which ultimately impacts the level of customer satisfaction. This demonstrates the importance of what we are trying to achieve at Tapoly in driving digitalisation in insurance and making communication between insurers and distribution partners seamless. 

What advice would you give to your younger self just starting out in the industry?

Start sooner, don’t be afraid to take (calculated) risks and make sure you raise enough money to get you through the initial seed stage.

 

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