•Drone for agritech farming
Nigeria has emerged the fastest growing in agritech through state-led reform, according to compiled industry estimates and global agrifood technology reports.
Israel’s domestic agritech sector was valued at about $65 million in 2020 and expanded to an estimated $110 million by 2025, translating into a 12 per cent compound annual growth rate. This places Israel well ahead of its African peers in absolute market size.
Analysts attribute the lead to Israel’s deep specialisation in irrigation systems, artificial intelligence (AI) software, sensors and bio-engineering, much of which is commercialised globally.
“Israel’s agritech value is amplified by intellectual property exports rather than land size or farm output,” the World Economic Forum (WEF) noted in a recent assessment of global agrifood innovation hubs, adding that precision irrigation and AI-driven crop management remain core revenue drivers.
Nigeria, however, recorded the most rapid expansion over the same period. Its agritech market grew from roughly $22 million in 2020 to about $45 million in 2025, representing a 15.5 percent Compound Annual Growth Rate (CAGR).
The acceleration reflects Nigeria’s vast agricultural base, which contributes around 24 percent to GDP, and the rapid uptake of mobile platforms that link farmers to markets, inputs and finance. Venture capital has played a decisive role. Between 2023 and 2025, agritech startups attracted more than $150 million in disclosed funding, with platforms such as Thrive Agric and other digital marketplaces scaling farmer access to credit and off-take agreements.
According to AgFunder’s Global AgrifoodTech Investment report, “Nigeria has emerged as one of Africa’s most dynamic agritech ecosystems, driven by fintech-enabled inclusion and the sheer scale of smallholder demand.”
Morocco ranked third by market value but showed steady, policy-anchored growth. Its agritech sector expanded from an estimated $18 million in 2020 to $35 million by 2025, equivalent to a 14 percent CAGR. Growth has been underpinned by the government’s “Generation Green” strategy, which prioritises satellite monitoring, water-efficient irrigation and youth employment in agriculture, with a target of creating opportunities for 350,000 young entrepreneurs by 2030. The Food and Agriculture Organisation (FAO) has observed that “Morocco’s agritech momentum is closely linked to water management innovation and coordinated public investment,” a structure that has delivered consistent gains despite a smaller starting base.
By 2024, Israel was estimated to account for about 43 percent of total Middle East and Africa agritech market value, underscoring its role as the region’s innovation hub. Its domestic figures, while modest in absolute terms compared with large agricultural economies, are reinforced by high-margin exports of technology to markets including Morocco and Nigeria.
Nigeria’s higher growth velocity highlights its focus on adoption and scale, while Morocco’s progress reflects long-term policy design and infrastructure investment.
Taken together, the comparison shows a clear hierarchy in market value, with Israel the largest agritech market among the three, Nigeria the fastest-growing, and Morocco steadily closing gaps through government-led innovation.
As global demand for climate-smart agriculture rises, analysts expect Israel’s technology leadership to continue shaping regional markets, even as Nigeria and Morocco leverage agritech for food security, employment and broader economic multipliers.
