Provided image of Insead's 3D farming simulation game. Courtesy Insead
Provided image of Insead's 3D farming simulation game. Courtesy Insead

New game to help farming consultants in Africa



ABU DHABI // A 3D computer game developed in Abu Dhabi is to be used to train farmers in Africa.

The game, Farm Defenders, was developed by the Insead business school from millions of dirhams in funding from the Bill and Melinda Gates Foundation.

The game is available in more than 180 languages and uses real climate and soil data.

At the start of the game, players are given a virtual farm – arable or livestock – and given the task of making it more productive.

To do that, they are given virtual money to make improvements – a realistic salary for an African farm extension worker of about Dh1,300 a month.

Weeds and pests will appear if they do nothing but making positive changes will help to increase their income. "It teaches you soil management with different types of crops and various soil-fertility levels," said Phillip Parker, professor of management science at Insead. "It also gives you feedback on whether you planted too early, which can reduce yield."

Players can study the quality of plants and the types of fertiliser available. "A lot of people don't do soil tests but they must know [their soil]," he said. "Eventually we want to know if we can simulate real farming and agronomy [this way]."

The game is aimed at farm extension workers employed in government agriculture departments. Acting as consultants to farmers, their jobs are vital to successful farming, but many of those doing the job in the Middle East and Africa are poorly qualified.

"It's almost impossible in the real world to have a successful farm in Africa," Prof Parker said. "There are very few resources to turn a farm into a profitable venture. In Ethiopia, there are roughly 60,000 farm extension workers but they're not necessarily all qualified. So the idea is that you may have the job, but it doesn't mean you can do it."

Experts agree the approach is helpful, although not a complete solution to poor farming practices.

"The modelling of different scenarios [can] always form part of an education approach," said Nicholas Lodge, managing partner of the Abu Dhabi agriculture consultancy Clarity.

He said workshops, along with guidance by an experienced trainer, could also help. But he added: "There's nothing quite like doing it to really understand it."

The game will cover a variety of African agricultural locations, including coffee and grain-growing regions and even desert areas.

Next month, 25 agricultural scientists who have been working on the game for the past two years in Holland will review it. It is expected to be released on March 31.

So far, countries including Uganda, Ethiopia, Tanzania, Kenya and the Philippines have expressed an interest. Agricultural officials in the UAE are "very interested", according to Prof Parker.

"A new generation of people are coming through and their learning habits are very different to ours," he said. "It's also hard for a lecturer to simulate a farm in a classroom environment when it can take up to six months to know what happens with a crop experiment."

Results:

6.30pm: Al Maktoum Challenge Round-2 (PA) | Group 1 US$75,000 (Dirt) | 2,200 metres

Winner: Goshawke, Fernando Jara (jockey), Ali Rashid Al Raihe (trainer)

7.05pm: UAE 1000 Guineas (TB) | Listed $250,000 (D) | 1,600m

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8.15pm: Al Shindagha Sprint (TB) | Group 3 $200,000 (D) | 1,200m

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8.50pm: Handicap (TB) | $175,000 (D) | 1,600m

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9.25pm: Handicap (TB) | $175,000 (T) | 2,000m

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10pm: Handicap (TB) | $135,000 (T) | 1,600m

Winner: Escalator, Christopher Hayes, Charlie Fellowes

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Results

2.15pm: Maiden (PA) Dh40,000 1,200m

Winner: Maqam, Fabrice Veron (jockey), Eric Lemartinel (trainer).

2.45pm: Maiden (PA) Dh40,000 1,200m

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3.15pm: Handicap (PA) Dh40,000 2,000m

Winner: Jaahiz, Fabrice Veron, Eric Lemartinel.

3.45pm: Handicap (PA) Dh40,000 1,000m

Winner: Qanoon, Szczepan Mazur, Irfan Ellahi.

4.15pm: Sheikh Hamdan bin Rashid Cup Handicap (TB) Dh200,000 1,700m.

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54.45pm: Handicap (PA) Dh40,000 1,700m

Winner: Jap Al Yassoob, Fernando Jara, Irfan Ellahi.

COMPANY PROFILE
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Based: Dubai, UAE
 
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Number of staff: 210 
 
Investment raised: $75 million from investors including Galaxy Interactive, Riyadh Season, Sega Ventures and Apis Venture Partners
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.

Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.

Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.

Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.

“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.

Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.

From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.

Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.

BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.

Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.

Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.

“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.

Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.

“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.

“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”

The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”

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