We are excited to share our first big news for the third quarter of the year 2019! Ready?
Farmcrowdy, and its sister companies, Farmgate Africa & Agricsquare will now be one company, birthing a bigger Farmcrowdy that can now open more farm projects to its farm sponsors.
This is a very significant step for Farmcrowdy as it will allow the combined entity to have a stronger foothold in the Agriculture value chain, by dealing with core crop farming processes, production and trading side of commodities as well as marketing media for agriculture.
The combined companies, referred to as Farmcrowdy, will feature all sponsorship options available from both platforms (Farmcrowdy and Farmgate Africa). Sponsors from both entities will be able to sponsor Beef processing, Ginger farms, Cattle farms, Poultry farms, etc.
On the other hand, Agricsquare will continue to run as a product of Farmcrowdy – the largest community of Agriculture enthusiasts in the country with over 20,000 people engaging daily to discuss agriculture-related topics.
The Managing Director of Farmgate Africa, Kenneth Obiajulu will oversee the trading aspect of the new entity while Temitope Omotolani, Chief Operations Officer for Farmcrowdy will continue to oversee the production side (Crop production, feedlot production, etc) of the company.
According to the Founder and CEO, Onyeka Akumah, this process has always been in the plan to attract more talent, expand Farmcrowdy’s reach in the agriculture value chain and provide more options for sponsors on its platform.
As a company, Farmcrowdy is operational in 14 states across Nigeria and has signed up over 25,000 farmers into its program. These farmers have cultivated over 16,000 acres of farmland across the country. Farmcrowdy has also recently partnered with Livestock247, an online livestock marketplace and Best Foods Livestock and Poultry Ltd, a leading name in the livestock and seafood processing industry in Nigeria to grow its livestock chain.
The new Farmcrowdy will be looking out for more partnerships to continue to grow more crops as it targets expansion into 4 new states, while increasing its current supply of over 50 cows fit for slaughter per day to a supply of 100 cows per day by the end of the year made available to top retailers, hotels, and eateries across the country.
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