Agriculture

Farmcrowdy introduces Crowdyvest for impact-driven projects

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Farmcrowdy, Nigeria’s first digital agriculture company has introduced Crowdyvest, an impact-driven platform that connects individuals to multiple sponsorship opportunities that are safe, trusted and secure.

An exclusive-style platform that connects sponsors with sponsorship opportunities within the seventeen (17) United Nations Sustainable Development Goals (SDGs) including Agriculture and other impact-driven sectors, Crowdyvest was launched to foster a broader avenue for economic growth and build a system that will span across Nigeria and the rest of Africa.

The launch will see a successful migration of all the existing sponsors under the Farmcrowdy platform to the Crowdyvest platform without any need to create a fresh account. New sponsors will also be able to sign up to a safe, secure and trusted platform for free. Every sponsor will continue to safely sponsor farms on the Farmcrowdy platform as well as all other portfolio products and sponsorship opportunities to be launched via the Crowdyvest platform in the future.

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Founder and CEO of Crowdyvest, Onyeka Akumah, at the unveiling ceremony of the brand in Lagos, said: “We have been able to successfully implement a business model in one of the most challenging sectors in the world, driving growth in Agriculture (Food and Security).

With our model, we have connected over 25,000 farmers with access to funding, technical expertise and market access by continuously creating value for them and we now intend to implement this across other sectors of the economy while having a direct impact on the achievement of the United Nation’s SDGs.

According to Kenneth Obiajulu who now heads Farmcrowdy as the Managing Director, “It has been an amazing opportunity to lead a brand like Farmgate Africa and achieving a great amount of traction in such a short period of time. The plan is now to consolidate on the traction from both Farmcrowdy and Farmgate Africa to build a more robust Farmcrowdy that can create more value points across the African agricultural value chain.

Prior to joining Farmgate, Kenneth had worked and consulted for international organizations like The World Bank Group, TechnoServe, Sustainable Food Lab, Accenture, Nigerian Breweries, just to mention a few.

The Crowdyvest platform differs from all other investment platforms as it shares its sponsorship risk with its sponsors. This means that both Crowdyvest and its sponsors will have their monies used to grow the businesses of the opportunities listed on the platform.

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