“The AgExchange will be an ecosystem or one-stop-shop for providing a range of services and products to small-holder farmers such as real-time e-subsidies, credit-connect by providing credit score of farmers on the platform. He said that on the back of the farmer-farm database developed, the government was creating a digital Agriculture Exchange Programme (AgExchange), working with the Alliance Rabobank and MasterCard in collaboration with some local FinTech companies.Īccording to him, the FinTech companies (FarmCrowdy, Infinera, CropIT) are run by young Nigerians. “So, we have registered and mapped about six million small-holder farmers to their farmlands and we are also currently collecting 200,000 composite soil samples from these farms to be analysed in 22 local soil laboratories to guide local fertiliser blending.” Our services are considered as unique in the sense that, it reduces risk and limit use of physical resources to assess crop performance and provide extension services.READ ALSO: Insecurity: PFN calls for repentance of perpetrators We equally provide remote sensing and report performance of crop in the field via a dash board to clients. Our services are to financial institutions and producer associations to prevent loan default and ensure full repayment. CropIT is a service provider of field monitoring and evaluation. Our mission is to deliver effective and flexible Agribusiness solutions that will improve the performance of our clients through innovative, digital, precision and climate-smart Agriculture. Our vision is to be the foremost agribusiness solution platform in Africa. We provide extension delivery and advisory services, monitoring and evaluation of production and post-harvest activities, farmer and grain aggregation, mapping, data capture, effective capacity building and risk management. We support initiatives to address the major shortcomings faced by the agribusiness sector, especially elimination of illegal taxes and harmonisation of approved taxes, to reduce burden on transporters and agribusiness owners.ĬropIT is a full-stack Agtech company with robust technology and extensively trained and digitised Agricultural extension agents who work with farmers to enhance agricultural productivity. We are working hand in hand with the government and other relevant stakeholders to ensure provision of good and access roads in the rural areas as well as maintenance of the highways to provide for easy passage by motorists transporting agricultural commodities. We are passionate for rural development, and strong on the issue of inclusive growth. (a temperature controlled), which prevent insects to survive and infect the warehoused grains. In addition, the use of cocoons to warehouse grains will go a long way in extending the life span and safety of grains. PICS bags allow farmers to store their grain without the use of insecticides, and provide them the flexibility to sell when prices are high. Generally, we have to promote the use of Purdue Improved Crop Storage (PICS) bags to store grains without any use of agrochemicals. For those in the perishable produce sector, they need finance to deploy customised/temperature control vehicles for perishable products, customised rubber crates for tomatoes, livestock and fisheries, among others.This help to improve the lifespan of commodities and increase income of the stakeholders. We have talked about access to land, infrastructure, marketing, distribution system, technical support and access to financing and all that.
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