Farmcrowdy merges subsidiaries

Farmcrowdy, the country’s first digital agriculture firm, has merged its subsidiaries – Farmgate Africa and Agricsquare. The firms will now be referred to as Farmcrowdy.

In a statement, company said sponsorships available in  the subsidiaries’platforms would reflect on the Farmcrowdy platform.

It explained that sponsorship options, such as beef processing, ginger farms, cattle farms, and poultry farms previously only available via Farmgate Africa and Farmcrowdy will now be open to sponsorship on the Farmcrowdy platform.

The statement, noted, that Agricsquare will, however, continue to be 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.

In addition, the statement added that the Managing Director, Farmgate Africa, Kenneth Obiajulu, would oversee the trading aspect of the new entity and Temitope Omotolani, Chief Operations Officer for Farmcrowdy, would continue to oversee the production segment (Crop production, feedlot production, etc) of the company.

According to Farmcrowdy Founder and CEO, Onyeka Akumah, this process had been in the plan to attract more talents, expand the company’s reach in the agriculture value chain and provide more options for sponsors on its platform.

As a company, Farmcrowdy is operates in 14 states  and has signed up over 25,000 farmers into its programmes who have cultivated over 16,000 acres of farmland. Recently, Farmcrowdy partnered Livestock247, an online livestock marketplace and Best Foods Livestock and Poultry Limited, a leading name in the livestock and seafood processing industry in the country to grow its livestock chain.

He said the new Farmcrowdy would  be looking for new partnerships to continue to grow more crops as it targets expansion into four new states and increasing its supply of over 50 cows fit for slaughter per day to a supply of 100 cows per day.


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