Briter Intelligence's report shows that funding in the agritech sector declined by over 18%, falling to $168.1 million in 2025 from $206.9 million in 2024.Briter Intelligence's report shows that funding in the agritech sector declined by over 18%, falling to $168.1 million in 2025 from $206.9 million in 2024.

Agritech funding in Africa drops to $168 million in 2025 as investor interest shifts

When Seyi Alabi, co-founder of Nigerian agricultural technology startup Crop2Cash, was pitching investors for a seed funding round in 2025, he felt the disadvantage almost immediately. Crop2Cash uses digital tools such as  Unstructured Supplementary Service Data (USSD) technology to provide formal financing to smallholder farmers. 

Despite having a minimum viable product, reaching over 500,000 smallholder farmers, and seven years of operations, Alabi sensed that being in agriculture shaped how investors received his pitch before the conversation properly began. 

“I could tell that I was starting from a goal or two down,” Alabi said. 

His experience mirrors a broader shift in investor interest in 2025, a trend evident in the funding data, as agritech slipped down the list of capital priorities across Africa’s tech ecosystem.

Data from the 2025 Africa Investment Report, an annual report of funding activity in the ecosystem compiled by Briter Intelligence, a market intelligence and data platform, shows that agritech funding declined to $168.1 million in 2025, down from $206.9 million in 2024. Deal volume also followed a similar trajectory, falling from 146 deals in 2024 to 135 deals in 2025. 

Other sectors, including fintech, logistics, and energy, captured a larger share of capital despite a general downward trend in deal counts across the continent. 

According to the State of Tech in Africa (SOTIA) report by TechCabal Insights, housing and real-asset-linked funding grew by 3465.2% to $82 million in 2025 from $2 million in 2024, and the fintech sector continued to absorb the largest share of venture capital at 40%, underscoring growing investor interest in infrastructure-heavy but commercially viable solutions.

The last five years have seen agritech funding move through an uneven trajectory. According to Briter Intelligence data, funding in the agritech sector peaked during the 2021 and 2022 funding surges, reaching record highs of $360 million and $483 million, respectively. Capital reversed sharply in 2023, when agritech funding fell by more than half to $194 million. A slight uptick in 2024 to $206 million was quickly undone by the further drop in 2025.

Why agritech startups struggled to hold investor attention

At the launch of SOTIA on January 23, 2026, industry leaders at a roundtable discussion described the pullback from agritech as part of a reorientation toward capital efficiency and faster-returning models, rather than a rejection of agriculture’s long-term importance. 

“Capital always follows the path of least resistance,” Lola Masha, partner at Antler, an early-stage venture capital firm, said. 

She pointed to the mismatch between agritech’s operating realities and venture capital expectations, explaining that sectors such as fintech offer a more natural fit for venture capital because they provide a much faster path to profitability. She also noted that agriculture’s exposure to climate volatility, informality, and fragmented data makes it harder to predict compared to sectors like fintech or energy. 

“Agritech is hard,” she added. “It’s a very tough space to be in.” Masha also pointed to the decline in the composition of capital that historically supported agritech. Much of the sector’s earlier growth was driven by development finance institutions (DFIs) and climate-linked capital. However, with capital shrinking on the DFI side, she said, capital flows into adjacent sectors like agriculture also shrink by extension.

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“Globally, a lot of VC capital doesn’t necessarily always go into it (agritech) because it’s oftentimes [sic] supported by government capital, subsidies, or sovereign funds,” she said. “Expecting VCs in this environment (Africa) to shift into agritech may be a stretch, but it’s not a natural fit.”

From Alabi’s perspective, part of agritech’s funding challenge in 2025 was tied to conditions beyond investor sentiment alone, pointing to economic pressures facing farmers themselves. By November 2025, Nigeria’s food inflation had fallen for the fifth consecutive month to 11.08%, resulting in lower food prices in parts of the country, while the cost of operational inputs such as fertiliser remained elevated. 

The result, Alabi argued, was that farming stopped making economic sense for many smallholders during the year.

Faced with a tougher fundraising environment, Crop2Cash did not abandon capital raising, but it changed its strategy. 

“It gets to a point where you don’t have to die on the hill of fundraising,” he said. “When you have a product that works and users who are interfacing with your product, you can grow organically and generate revenue. “

The surge in agritech funding between 2021 and 2022 was driven by an era when investors were willing to allow longer timelines for returns and absorb higher risk across emerging markets. Once that cycle ended, agritech’s structural realities, including long production cycles, exposure to climate volatility, informality, and complex unit economics, became harder to justify for a venture capital framework that is focused on speed. 

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

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Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Summarize Any Stock’s Earnings Call in Seconds Using FMP API

Turn lengthy earnings call transcripts into one-page insights using the Financial Modeling Prep APIPhoto by Bich Tran Earnings calls are packed with insights. They tell you how a company performed, what management expects in the future, and what analysts are worried about. The challenge is that these transcripts often stretch across dozens of pages, making it tough to separate the key takeaways from the noise. With the right tools, you don’t need to spend hours reading every line. By combining the Financial Modeling Prep (FMP) API with Groq’s lightning-fast LLMs, you can transform any earnings call into a concise summary in seconds. The FMP API provides reliable access to complete transcripts, while Groq handles the heavy lifting of distilling them into clear, actionable highlights. In this article, we’ll build a Python workflow that brings these two together. You’ll see how to fetch transcripts for any stock, prepare the text, and instantly generate a one-page summary. Whether you’re tracking Apple, NVIDIA, or your favorite growth stock, the process works the same — fast, accurate, and ready whenever you are. Fetching Earnings Transcripts with FMP API The first step is to pull the raw transcript data. FMP makes this simple with dedicated endpoints for earnings calls. If you want the latest transcripts across the market, you can use the stable endpoint /stable/earning-call-transcript-latest. For a specific stock, the v3 endpoint lets you request transcripts by symbol, quarter, and year using the pattern: https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={q}&year={y}&apikey=YOUR_API_KEY here’s how you can fetch NVIDIA’s transcript for a given quarter: import requestsAPI_KEY = "your_api_key"symbol = "NVDA"quarter = 2year = 2024url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={API_KEY}"response = requests.get(url)data = response.json()# Inspect the keysprint(data.keys())# Access transcript contentif "content" in data[0]: transcript_text = data[0]["content"] print(transcript_text[:500]) # preview first 500 characters The response typically includes details like the company symbol, quarter, year, and the full transcript text. If you aren’t sure which quarter to query, the “latest transcripts” endpoint is the quickest way to always stay up to date. Cleaning and Preparing Transcript Data Raw transcripts from the API often include long paragraphs, speaker tags, and formatting artifacts. Before sending them to an LLM, it helps to organize the text into a cleaner structure. Most transcripts follow a pattern: prepared remarks from executives first, followed by a Q&A session with analysts. Separating these sections gives better control when prompting the model. In Python, you can parse the transcript and strip out unnecessary characters. A simple way is to split by markers such as “Operator” or “Question-and-Answer.” Once separated, you can create two blocks — Prepared Remarks and Q&A — that will later be summarized independently. This ensures the model handles each section within context and avoids missing important details. Here’s a small example of how you might start preparing the data: import re# Example: using the transcript_text we fetched earliertext = transcript_text# Remove extra spaces and line breaksclean_text = re.sub(r'\s+', ' ', text).strip()# Split sections (this is a heuristic; real-world transcripts vary slightly)if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1)else: prepared, qna = clean_text, ""print("Prepared Remarks Preview:\n", prepared[:500])print("\nQ&A Preview:\n", qna[:500]) With the transcript cleaned and divided, you’re ready to feed it into Groq’s LLM. Chunking may be necessary if the text is very long. A good approach is to break it into segments of a few thousand tokens, summarize each part, and then merge the summaries in a final pass. Summarizing with Groq LLM Now that the transcript is clean and split into Prepared Remarks and Q&A, we’ll use Groq to generate a crisp one-pager. The idea is simple: summarize each section separately (for focus and accuracy), then synthesize a final brief. Prompt design (concise and factual) Use a short, repeatable template that pushes for neutral, investor-ready language: You are an equity research analyst. Summarize the following earnings call sectionfor {symbol} ({quarter} {year}). Be factual and concise.Return:1) TL;DR (3–5 bullets)2) Results vs. guidance (what improved/worsened)3) Forward outlook (specific statements)4) Risks / watch-outs5) Q&A takeaways (if present)Text:<<<{section_text}>>> Python: calling Groq and getting a clean summary Groq provides an OpenAI-compatible API. Set your GROQ_API_KEY and pick a fast, high-quality model (e.g., a Llama-3.1 70B variant). We’ll write a helper to summarize any text block, then run it for both sections and merge. import osimport textwrapimport requestsGROQ_API_KEY = os.environ.get("GROQ_API_KEY") or "your_groq_api_key"GROQ_BASE_URL = "https://api.groq.com/openai/v1" # OpenAI-compatibleMODEL = "llama-3.1-70b" # choose your preferred Groq modeldef call_groq(prompt, temperature=0.2, max_tokens=1200): url = f"{GROQ_BASE_URL}/chat/completions" headers = { "Authorization": f"Bearer {GROQ_API_KEY}", "Content-Type": "application/json", } payload = { "model": MODEL, "messages": [ {"role": "system", "content": "You are a precise, neutral equity research analyst."}, {"role": "user", "content": prompt}, ], "temperature": temperature, "max_tokens": max_tokens, } r = requests.post(url, headers=headers, json=payload, timeout=60) r.raise_for_status() return r.json()["choices"][0]["message"]["content"].strip()def build_prompt(section_text, symbol, quarter, year): template = """ You are an equity research analyst. Summarize the following earnings call section for {symbol} ({quarter} {year}). Be factual and concise. Return: 1) TL;DR (3–5 bullets) 2) Results vs. guidance (what improved/worsened) 3) Forward outlook (specific statements) 4) Risks / watch-outs 5) Q&A takeaways (if present) Text: <<< {section_text} >>> """ return textwrap.dedent(template).format( symbol=symbol, quarter=quarter, year=year, section_text=section_text )def summarize_section(section_text, symbol="NVDA", quarter="Q2", year="2024"): if not section_text or section_text.strip() == "": return "(No content found for this section.)" prompt = build_prompt(section_text, symbol, quarter, year) return call_groq(prompt)# Example usage with the cleaned splits from Section 3prepared_summary = summarize_section(prepared, symbol="NVDA", quarter="Q2", year="2024")qna_summary = summarize_section(qna, symbol="NVDA", quarter="Q2", year="2024")final_one_pager = f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks — Key Points{prepared_summary}## Q&A Highlights{qna_summary}""".strip()print(final_one_pager[:1200]) # preview Tips that keep quality high: Keep temperature low (≈0.2) for factual tone. If a section is extremely long, chunk at ~5–8k tokens, summarize each chunk with the same prompt, then ask the model to merge chunk summaries into one section summary before producing the final one-pager. If you also fetched headline numbers (EPS/revenue, guidance) earlier, prepend them to the prompt as brief context to help the model anchor on the right outcomes. Building the End-to-End Pipeline At this point, we have all the building blocks: the FMP API to fetch transcripts, a cleaning step to structure the data, and Groq LLM to generate concise summaries. The final step is to connect everything into a single workflow that can take any ticker and return a one-page earnings call summary. The flow looks like this: Input a stock ticker (for example, NVDA). Use FMP to fetch the latest transcript. Clean and split the text into Prepared Remarks and Q&A. Send each section to Groq for summarization. Merge the outputs into a neatly formatted earnings one-pager. Here’s how it comes together in Python: def summarize_earnings_call(symbol, quarter, year, api_key, groq_key): # Step 1: Fetch transcript from FMP url = f"https://financialmodelingprep.com/api/v3/earning_call_transcript/{symbol}?quarter={quarter}&year={year}&apikey={api_key}" resp = requests.get(url) resp.raise_for_status() data = resp.json() if not data or "content" not in data[0]: return f"No transcript found for {symbol} {quarter} {year}" text = data[0]["content"] # Step 2: Clean and split clean_text = re.sub(r'\s+', ' ', text).strip() if "Question-and-Answer" in clean_text: prepared, qna = clean_text.split("Question-and-Answer", 1) else: prepared, qna = clean_text, "" # Step 3: Summarize with Groq prepared_summary = summarize_section(prepared, symbol, quarter, year) qna_summary = summarize_section(qna, symbol, quarter, year) # Step 4: Merge into final one-pager return f"""# {symbol} Earnings One-Pager — {quarter} {year}## Prepared Remarks{prepared_summary}## Q&A Highlights{qna_summary}""".strip()# Example runprint(summarize_earnings_call("NVDA", 2, 2024, API_KEY, GROQ_API_KEY)) With this setup, generating a summary becomes as simple as calling one function with a ticker and date. 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