Farmcrowdy, has been adjudged the winner of the Digital Business of the Year Award.
The award was granted at the annual Global African Business Awards (GABA) ceremony held in Addis Ababa, Ethiopia.
The Global African Business Awards, was created to celebrate and honour the achievements and positive contributions of organizations around Africa.
Other nominees of the Digital Business of the Year award include e-commerce platforms – Konga, Jumia, Zando, Dressmeoutlet, Mall for Africa and Dealdey; WeFarm, the world’s largest farmer-to-farmer digital network; Interswitch payment gateway; and Delvv.io, South Africa’s branding and refinement partners.
Onyeka Akumah, Founder and CEO of Farmcrowdy says, “we are honoured to have our hard work aimed at impacting on the lives of rural farmers recognised. We are delighted about the great opportunities ahead of us as we continually strive to remain at the forefront of technological innovation in Agriculture across Nigeria and eventually the continent of Africa.”
Farmcrowdy has, in the last 20 months, empowered over 7,000 direct and indirect rural farmers and given thousands of farm sponsors a platform to participate in Agriculture from their computers or mobile phones in order to make profit at harvest.
The leading digital agriculture platform has also raised $1.4 million dollars in seed funding from local and international investors including Cox Enterprises, Social Capital, Techstars Ventures and most recently, won a grant from the GSMA Ecosystem Accelerator Innovator Fund.
The funds have given the leading startup the potency to scale its operations to 10 states of operation in Nigeria.
It has plans to expand across other states and regions in the country.