Hi farmily…

We didn’t mean to, but we lit up the internet this week!

Like we only announced our $56.4m debt funding from local commercial banks and institutional investors, including a $1.75M co-investment grant from the USAID-funded West Africa Trade & Investment Hub. 

This new investment enables us to grow our 200,000+ farmer base, and expand into new African markets, including Ghana, Zambia and Kenya.

Since our launch in 2017 (though fully operational from 2018), we’ve worked to empower smallholder farmers across Nigeria to sell their products to FMCGs and food processors, leveraging our proprietary technology to access finance as well as improve productivity and sales to promote food security.

Yes, that’s us - young people solving global food security problems using tech! 😍💪💃

Our technology, an Agricultural Operating System (AOS), works entirely offline, dispatches USSD to farmers, and powers Android apps used by field agents to help digitally collate creditworthy farmers and gather relevant farm data. 

Our company, ThriveAgric, supports Africa’s agriculture sector by assisting smallholder farmers in producing high-quality grains and charging premium rates for their commodities, allowing them to increase their incomes up to 25%. Harvests, including maize, rice and soybeans, are stored in many of our 450+ warehouses in Bauchi, Jigawa, Kaduna, Kano and Katsina states in Nigeria, before being commoditized and offered to local and global trade markets at a premium price.

Click here to download our full press release and check out our story on Business Insider, TechCabal, PYMNTS.com, Nairametrics, This Day, Ventures Africa, Pulse NG, Business Day and Benjamin Dada