Automated and affordable crop insurance solution
to cotton growers, leveraging both satellite imagery analysis
and mobile payment technologies.
Problem
Agri-businesses suffer
a lack of rural agricultural intelligence
Current data and analytics, on the other hand, are not granular enough, not connected in a simple and useful way, and limited to specific timeframes which are generally available much later than many of these decisions are made.
Solution
Index-insurance product based on rainfall data and satellite imagery analysis
to protect farmers against droughts and floods. Besides crop classification, measure of yield loss will be estimated via an optimal selection of algorithms, indexes and data sources.
Achievements
Promotion via EIC’s RisingFoodStars programme
OKO has applied and was accepted in the RisingFoodStars programme by EIC Food
Accepted to Start-Life Accelerator
One of the leading agri-food accelerators globally which is supported by the Wageningen University of Research, a leading agri-food university
French magazine L’EXPRESS
sent a reporter to Mali to meet with OKO and OKO’s customers, leading to a double-page spread article in their physical publication and a long article online
Interviews on TV
Both Simon Schwall (co-founder and CEO) and Raphael Haziza (Co-founder and lead actuary) have been invited to speak on TV, respectively on BFM Business (French) and CGTN Africa (English). Click the links to see those on our YouTube Channel
Segment on AfricaNews
Another visit from a reporter in Mali came shortly afterwards. A segment about OKO was produced by Africanews which allows you to see our team in action, and meet with some of our customers: OKO Crop insurance for smallholder farmers in Africa
Go further
Learn more about the activity of the creators of this projects through their websites
Other projects in the Environment sector
This website is part of PARSEC Accelerator
This project has received funding from the European Union’s Horizon 2020 research and innovation programme under grant agreement No 824478.