Agritech: Farmcrowdy Secures 7,500 Acres Of Farmland To Boost Its Operations

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Farmcrowdy, Nigeria’s digital agriculture platform which allows Nigerians to venture in and sponsor agriculture, today announced the launch of 7,500 acres of new maize and rice farms in Nigerian states, Kaduna and Kwara.

Sponsorship will be open from the 4th of April and 9th of April, 2018 for Maize and Rice farms respectively.

According to Onyeka Akumah, Co-Founder, and CEO of Farmcrowdy, “Today’s announcement is such an incredible landmark for us. We have been fervently working towards scaling up our operations across the country and these 7,500 additional acres of rice and maize farms, will allow us to do just that. We’re eager to see continued advanced growth in other crops including poultry in the near future; but at this point, we are particularly looking forward to welcoming on our platform more farm sponsors and followers locally and globally, as we continue to redefine the dynamics of farming and agriculture for not only Nigeria but eventually Africa.”

Kaduna will see the cultivation of 5,000 acres of maize by 2,000 new Farmcrowdy farmers, while Kwara will witness 2,500 acres of rice being cultivated by over 1,000 direct rice farmers.

This increase in the land officially more than doubles the acreage of the agritech startup, which at the end of 2017, had cultivated 4,000 acres of farmland across 8 states in Nigeria.

Launched in 2016, Farmcrowdy has empowered over 3,000 small scale-farmers across Nigeria. As a result of the new acquisition of land, 3,000 new direct farmers have been onboard. Farmcrowdy has also raised 321,000 organic chickens with a mortality of less than 4% on its poultry farm cycles to date and recording 6,170 farm units being sponsored by approximately 1,000 unique farm sponsors from Nigerians in Nigeria, the US, Canada, and the UK.

In November 2017, Farmcrowdy launched its mobile app which has marked 50,000 unique downloads from agriculture enthusiasts and recently launched the Agric Square, a forum aimed at bringing together agriculture enthusiasts, thought leaders and experts in a real-time exchange of ideas and views and advice on the sector, and secondly a redesigned blog with expanded functionality.

Jimoh Maiyegun, a Co-Founder & CTO of Farmcrowdy said the startup continues to foster even more engagement with followers and sponsors, as it provides the first-hand experience of the agriculture sector. Farmcrowdy recently received $325,000 grant from the GSMA Ecosystem Accelerator Innovation Fund.

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