Farmcrowdy identified in ‘Companies to Inspire Africa 2019’

Farmcrowdy, a digital agriculture platform in Nigeria has been identified by the London Stock Exchange Group as one of the Companies to Inspire Africa in 2019. The report is a celebration of Africa’s innovative and most dynamic growth businesses.

To be included in the list, companies needed to be privately held, and show an excellent rate of growth and potential to power African development. More detail on the methodology can be found in the report online at www.lseg.com/inspireafrica.

When contacted about the selection at their Lagos office, Onyeka Akumah, Founder and CEO of Farmcrowdy said the past 26 months have been a life-changing journey for the Farmcrowdy team after launching what he described as Nigeria’s first digital agriculture platform focused on growing the income of over 10,000 farmers by 80 percent across Nigeria.

“We are immensely proud of the role we have played in the growth of Nigeria’s agritech sector, and are humbled at the support and the opportunities we have received – locally and internationally to showcase our work,” said Akumah.

He expressed delight at the “recent spring up of startups following in Farmcrowdy’s footsteps in empowering rural farmers and improving food security in Nigeria.”

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The LSE group’s report was produced in partnership with the African Development Bank Group, CDC Group, PWC and Asoko Insight, while Instinctif Partners and Stephenson Harwood sponsored it.

To find out more about the London Stock Exchange Group’s Companies to Inspire Africa 2019’ report please visit lseg.com/inspireafrica.

CALEB OJEWALE

Caleb Ojewale is an Assistant Editor at BusinessDay Newspaper in Nigeria, where he also heads Industry and Real Sector, supervising all associated beats/desks. He is concurrently Editor for Features, Interviews, and the Newspaper's Backpage (Monday to Thursday). He has also been OP-ED Editor and a member of the Editorial Board. A well rounded business journalist; he is a recipient of multiple local and international journalism awards. Caleb is a fellow of the University of Oxford and OKP and has bachelor’s and Master's degrees in communication from Lagos State University and the University of Lagos, respectively.