Our Resources

Follow us on our journey to build an Africa that feeds herself and the world.

resource img
News Mentions

May 15, 2024

ThriveAgric Makes Top 20 on FT's Fastest Growing Companies List

We're thrilled to share some exciting news! ThriveAgric has been recognized by the Financial Times as one of Africa's fastest-growing companies in 2024. This achievement is a testament to the dedication of our entire team and the incredible resilience of our smallholder farmer-agent network.

Our journey began in 2016 with a clear mission: empower smallholder farmers, leverage technology to create a more secure food system, and ultimately, build an Africa that can feed herself and the world. The past few years haven't been easy. The global pandemic threw a curveball, but we persevered.

Here's where the numbers tell the story:

  • 964.9% growth rate: ThriveAgric has witnessed phenomenal growth, with our revenue skyrocketing from $8.1 million in 2019 to a staggering $73.26 million in 2022.
  • 800,000+ farmers empowered: We now work with over 800,000 smallholder farmers across Nigeria, Ghana, Kenya, and Uganda, providing them with access to finance, improved farm productivity, and better market connections.
  • $500 million credit target: Looking ahead, our ambitious "Theory of Change" aims to provide $500 million in credit to 10 million farmers by 2027, with a goal to double that number by 2050.

This recognition by the Financial Times is a significant milestone, but it's just the beginning. We're constantly innovating, recently partnering with Acorn Rabobank to empower over 30,000 farmers with access to carbon credits and sustainable agroforestry practices. We are also enabling financial inclusion access for over 125,000 smallholder farmers across 9 states in northern Nigeria following our partnership with Heifer International after emerging regional winners of the Africa Youth Technology (AYuTe) challenge in 2022.

We're incredibly proud to be part of Africa's growth story, and we're committed to continuing our mission of empowering farmers, ensuring food security, and building a brighter future for all. Thank you for being a part of our journey!

Check out the Listing Report!

Share via:logologologo

Related Content

blog img
News Mentions

May 15 2024

ThriveAgric Makes Top 20 on FT's Fastest Growing Companies List

blog img
Product Updates

Jan 24 2023

A Deep Dive Into Our Agricultural Operating System (AOS)!