Nigeria’s foremost and leading agro-tech company, Farmcrowdy, yesterday announced the launch of some 7,500 new acres for maize and rice farms in Kaduna and Kwara States. This marks a staggering 175% increase in the number of acres held by the startup, which n 2017, cultivated about 4,000 acres in eight states of the federation.
Cultivation details for the new acres
According to a press statement issued to Nairametrics, the agro-tech company plans to dedicate some five thousand [5,000] acres of land for maize cultivation. The 5,000 acres are located in Kaduna State and will be cultivated by Farmcrowdy’s new 2,000 farmers there. The remaining 2,500 acres (which is in Kwara State) will be cultivated by some 1,000 direct rice farmers.
The commencement dates for sponsorship of the new maize and rice farms are April 4th and April 9th, 2018; respectively.
Today’s announcement is such an incredible landmark for us. We have been fervently working towards scaling up our operations across the country and these 7,500 additional acres of rice and maize farms, will allow us to do just that. We are eager to see continued advanced growth in other crops including poultry in the near future; but at this point, we are particularly looking forward to welcoming on our platform more farm sponsors and followers locally and globally, as we continue to redefine the dynamics of farming and agriculture for not only Nigeria but eventually Africa. -Onyeka Akumah, Farmcrowdy Co-Founder/CEO
Farmcrowdy has continued to make positive impact in the Agric sector since its launch in 2016. It has raised about 321,000 organic chickens and recorded the sponsorship of about 6,170 units of farms by investors in Nigeria, UK, Canada and the United Kingdom.
The company has also received multiple grants, the most recent of which being its announcement as the reciepient of the sum of $325, 000 from the GSMA Global Team as part of its GSMA Ecosystem Accelerator Innovation Fund. This is in recognition of Farmcrowdy’s mobile app which was launched in late 2017 and has already garnered over 50; aiding agriculture.