African Agriculture Inc. Receives Computer Donation from Sportradar Group to Empower Education in Senegal Schools

Rhea-AI Summary

African Agriculture, Inc. (Nasdaq: AAGR) partnered with Sportradar to supply computers to rural schools in Senegal, aiming to bridge the digital literacy gap and foster economic growth. The collaboration aligns with the company's mission of enhancing food security and community development. Studies show that internet availability leads to better jobs for lower-skilled people, reducing poverty. The company's strategic development of advanced Alfalfa farms in Senegal reflects its commitment to optimizing agricultural yields and contributing to a sustainable future.

New York, NY, Jan. 17, 2024 (GLOBE NEWSWIRE) -- African Agriculture, Inc. (Nasdaq: AAGR), a pioneering company operating a commercial-scale alfalfa farm in Senegal and dedicated to food security for the coming century, announced that it teamed up with global sports technology company Sportradar to supply computers to primary and secondary schools in rural communities in northern Senegal.

This educational initiative has set up computer study rooms for students to access the internet and will contribute to closing the digital literacy gap in Senegal. World Bank country-level studies on Nigeria, Senegal, and Tanzania have analyzed the impact of mobile internet availability (3G or 4G coverage) on jobs, including the poor and most vulnerable. Studies show that internet availability and more sophisticated digital technologies lead to more and better jobs for lower-income, lower-skilled people, reducing poverty. ¹

“Collaborating with Sportradar aligns with our goals for community development and educational empowerment,” said Alan Kessler, CEO and Founder of African Agriculture, Inc. “Supplying computers to rural schools in Senegal bridges gaps in education and technology. Together, we're unlocking a brighter future for the next generation and empowering African farmers and communities, driving local economic growth and the green revolution—an embodiment of African Agriculture’s mission.”

"We are pleased to collaborate with African Agriculture, Inc. to equip schools in rural northern Senegal with computers,“ said Kyle Burnette, Director of IT Operations, who led the initiative at Sportradar. “By establishing these computer study rooms and providing internet access, we're fostering an enhanced educational landscape for Senegalese students. This collaboration underscores our belief in leveraging technology to empower the next generation, enabling them to thrive in an increasingly interconnected world."

In response to the global demand driven by an expected population surge to 9.6 billion by 2050, African Agriculture’s mission is to harness Africa's abundant natural resources, and significantly boost food and protein supply. The strategic development of advanced Alfalfa farms in Senegal epitomizes African Agriculture's commitment to optimizing agricultural yields and harvests, thereby contributing to a sustainable future while meeting the growing global need for food security.

About African Agriculture
African Agriculture is a pioneering company dedicated to securing food and protein for the coming century. Born out of a global necessity, it focuses on harnessing Africa's vast agricultural potential. With 60% of the world's remaining arable land, Africa stands as a powerhouse of untapped resources, offering abundant sunshine, plentiful rain, and fertile soil. African Agriculture's mission is to optimize yields and harvests, creating sustainable job opportunities for local communities while delivering significant value to its shareholders. To learn more about African Agriculture, Inc. visit https://africanagriculture.com/

Media Contact:
Brigit Hennaman
Rubenstein Public Relations
Email: bhennaman@rubensteinpr.com

Company Contact:
Maxine Gordon, Executive Director
African Agriculture Inc.
Email: mg@africanagriculture.com

Investor Contact:
David Waldman/Ted Ayvas
Crescendo Communications, LLC
Tel: (212) 671-1020
Email: AAGR@Crescendo-IR.com

¹ Digital technologies can help bridge the digital divide in Africa (worldbank.org)

FAQ

What is the ticker symbol for African Agriculture, Inc.?

The ticker symbol for African Agriculture, Inc. is AAGR.

What is the collaboration between African Agriculture, Inc. and Sportradar about?

The collaboration involves supplying computers to rural schools in Senegal to bridge the digital literacy gap and foster economic growth.

What is the company's mission?

The company's mission is to enhance food security and community development by harnessing Africa's natural resources and optimizing agricultural yields.

What is the impact of internet availability on jobs according to studies?

Studies show that internet availability leads to more and better jobs for lower-skilled people, reducing poverty.

What is African Agriculture, Inc.'s strategic development in Senegal?

The company is strategically developing advanced Alfalfa farms in Senegal to optimize agricultural yields and contribute to a sustainable future.

Why did African Agriculture, Inc. collaborate with Sportradar?

The collaboration aligns with the company's goals for community development and educational empowerment, aiming to bridge gaps in education and technology in Senegal.

What is the expected population surge by 2050?

The expected population surge by 2050 is 9.6 billion, driving global demand for food security.

What is the goal of African Agriculture, Inc. in response to the global demand?

The company aims to harness Africa's natural resources and significantly boost food and protein supply to meet the growing global need for food security.