For the month of October 2019, Agribusiness Insight surfed through three digital agriculture platforms in Nigeria; Thrive Agric, Agrorite, and Farmcrowdy, for any open investment opportunities at the time of going to press.
Please note that this is not a recommendation to invest, rather, for information purpose and individuals should carry out independent due diligence. All that is reproduced below has been extracted from information gleaned from each platform.
Read also: Investing in a poultry business
Thrive Agric
– Poultry farm in the South West
Units left (at publication): 2,658
Cost per unit: N85,000
Returns: 15 percent after 6 Months
Insured by Leadway Assurance
Farmcrowdy
– Rice farm in Niger State
Units left (at publication): 784
Cost per unit: N50,000
Returns: 13 percent after 6 Months
Insured by Leadway Assurance
– Poultry farm in Osun State
Units left (at publication): 181
Cost per unit: N60,000
Returns: 11 percent after 6 Months
Insured by Leadway Assurance
Agrorite
– Cassava Farm
Units left (at publication): 41
Cost per unit: N55,000
Returns: 18 percent after 6 Months
GIT Coverage: Royal Exchange