As rapidly as technology in Nigeria is growing to incredible heights, so is agriculture – in its process and the practices. Statistics show that agriculture now contributes about 30% of the GDP of Nigeria, and should do better in the coming years, with investments from governmental and non-governmental organizations, as well as startups providing an online platform that connects farmers with investors, taking agriculture to the next level via the use of technology.
Here are 5 of such startups:
Farmcrowdy is a platform that gives Nigerians the opportunity to participate in Agriculture by selecting the kind of farms they want to sponsor. It uses the sponsor’s funds to secure the land, engage the farmer, plant the seeds, insure the farmers and farm produce, complete the full farming cycle, sell the harvest and then pay the farm sponsor a return on their sponsorship.
While this farm process is ongoing, the farm sponsors are able to keep track of the full-cycle by getting updates in text, pictures and videos.
Thrive Agric is an agricultural crowdfunding service that gives individuals the opportunity to invest in agriculture without having to own a farm land or have knowledge of agricultural processes.
The Thrive Agric team are passionate about driving agriculture. They get funds for farmers,who then get a predictable ROI on harvest. Thrive Agric is backed by the team at Ventures platform, and a product of Ycombinator’s startup school with a mission to ensure food security.
Fresh Direct Nigeria is an eco-friendly social enterprise that produces premium organic produce through hydroponics and community action. The startup provides exquisitely grown organic fruits, vegetables and meats and processed end products, brings together communities and advanced technology to improve agricultural yields for sustainable and profitable agricultural enterprise.
Fresh Direct is geared to become the first and only indigenous producer of hydroponics technology as well as set the standard for equitable, eco-friendly agricultural production in Nigeria.
Releaf is a B2B marketplace that connects African businesses to verified buyers and suppliers they can trust. In Africa, few businesses use B2B websites often due to rampant scammers. Releaf is unlocking the tremendous value African trade has to offer by taking offline interactions and digitizing them through our online platform. All businesses on the platform go through a verification process.
The startup is aimed at tackling the difficulty that producers face in obtaining buyers of their products by connecting producers to consumers through an online platform. Releaf believes that building trust in online transactions will massively increase transaction volume and efficiency across the continent.
Growsel provides investors and farmers a meeting point to work towards a fruitful harvest, where the investor can get up to 15 to 30% of his investment as profit. The farmers, on the other hand, can now have quick access to funds for their farming projects and also get exposed to best global agricultural practices, as the company doesn’t seem to be taking chances with quality and the implementation of standard farming practices.
For those who are looking to get involved in agriculture, either as farmers or investors, Growsel offers a wonderful opportunity to invest in food production.
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