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Farmcrowdy announces unified portfolio companies

July 23, 2019 • Online & Social, West Africa

Onyeka Akumah, Founder and CEO of Farmcrowdy. Image sourced from Farmcrowdy.

Onyeka Akumah, Founder and CEO of Farmcrowdy. (Image source: Farmcrowdy)

Nigeria’s first Digital Agriculture platform, Farmcrowdy, together with its sister companies Agricsquare and Farmgate Africa, have announced a unification of all its companies. This is a strategy to create a larger Farmcrowdy, as well as allow this new unified company to have a more firm footing in the Agriculture value chain by dealing with the production and trade side of commodities, marketing media for agriculture and core crop farming processes.

The new unified company will be called Farmcrowdy and all sponsorship options available for both Farmgate Africa and Farmcrowdy will now be available on the new Farmcrowdy platform. Some of these sponsorship options that were only available on the Farmgate Africa platform include Cattle farms, Poultry farms, Beef processing and others. Agricsquare, on the other hand, will continue to run as a product of Farmcrowdy.

Kenneth Obiajulu, Managing Director of Farmgate Africa, will oversee the new company’s trading aspect and Temitope Omotolani, Chief Operations Officer for Farmcrowdy, will proceed with overseeing the production side of the new company, which will include crop production, feedlot production and more. Onyeka Akumah, Founder and CEO of Farmcrowdy, says that the unification plan was always in the works in order to attract more talent and expand Farmcrowdy’s reach in the agriculture value chain.

Farmcrowdy is currently operational in 14 states across Nigeria and has signed up over 25,000 farmers into the company’s programs. These farmers, according to Farmcrowdy, have gone on to cultivate over 16,000 acres of farmland across Nigeria. Farmcrowdy recently entered partnership agreements with Livestock247, an online livestock marketplace, and Best Foods Livestock and Poultry Ltd, a livestock and seafood processing industry in Nigeria. These deals will help Farmcrowdy grow its livestock chain.

The new Farmcrowdy is looking for new partnerships in order to continue growing more crops, expand to 4 more states, increase its current supply of 50 cows fit for slaughter per day to 100 cows fit for slaughter per day by the end of the year.

Edited by Kojo Essah

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