November 24, 2004
African farmers discover technology's benefits
Under a fledgling initiative dreamed up by the Kenya Agricultural Commodity Exchange (Kace) - which provides crop growers with up-to-date commodity information - farmers can access daily fruit and vegetable prices from a dozen markets through a text message, or sms, reports the FT.
"The aim is to empower farmers by giving them information that will enable them to negotiate decent prices with traders, or head to markets safe in the knowledge of what to expect for their produce.
The Kace initiative, which was launched late last year, and gets more than 2,000 sms hits a month, is an example of people making the most of the technology they can afford.
ICT is seen by many as having the potential to help the world's poorer countries develop and diversify their economies; a force to allow developing nations to participate in global markets and modernise traditional industries."
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