It’s the last day of the first half of 2021 and it’s been an amazing ride for us so far. Here are some of the highlights of the past half year:
Our Projects/Major Announcements
- Farmcrowdy Ekiti State Project:
In February, our Chief Finance Officer, and Business Lead, Farmcrowdy Structured Finance, Oluwakotanmi Ojo attended the Ekiti Youth’s “Let’s Talk” programme, focused on engaging youths in agriculture.
At the event, he spoke about the Farmcrowdy Ekiti State Project where 2,000 young entrepreneurs will be recruited on a one-farmer per hectare basis to train and empower them to directly participate in farming activities.
Also present at the event was the Executive Governor of Ekiti State, H.E. Kayode Fayemi, State Commissioner of Agriculture, Olabode Adetoyi, and other dignitaries.
Click here to know more about the project.
Earlier this year, we officially launched Farmcrowdy Insurance to protect rural farmers and low-income earners from unforeseen environmental, economic, and social disasters by simply paying a yearly premium as low as N1,100.
To learn more about Farmsafe Microinsurance, Abiola Adesina, the product executive for Farmcrowdy Insurance, explains all you need to know about the service in just sixty (60) seconds.
Click here to watch the video.
- Ogun State Digital Summit:
In March, Farmcrowdy attended the Ogun State Digital Digital Summit 2021 where our Co-Founder and Former CEO, Onyeka Akumah spoke to youths on the topic; Digital Strategies to Aid Business and Startup Growth.
The Ogun Digital Summit is at the heart of bringing together great minds and ideas that will result in blueprints for the enhancement of digital technology in the nation. This summit is open to youths and young minds who are ready to see how to make professional use of digital technology as a springboard to advance your enterprise.
Click here to read more about the event.
- Meeting With Ogun State Government:
During our visit to Ogun State, Onyeka Akumah also met with the Secretary to the State Government of Ogun State and the Commissioner of Agriculture in Ogun State as well as the SSA on Agriculture and SSA on ICT.
During the meeting, they discussed plans for agriculture and Farmcrowdy and how youths of Ogun state can get involved in agriculture. Onyeka also toured the Ogun State Tech Hub with his team to discuss major partnerships with the state and plans for future expansion.
Click here to read more about the meeting.
- Farmcrowdy Departs From Crowdfunding:
EMFATO Holdings (owners of Farmcrowdy and investors in Plentywaka) announced the exit of one of its portfolio companies – Crowdyvest, following up on new investments into the startup to grow as a digital savings company in Nigeria.
Farmcrowdy has in the past worked with Crowdyvest to crowdfund for farming projects. Following this change, Farmcrowdy now fully exited the crowdfunding space with this sale.
Click here if you have any questions on Farmcrowdy’s departure from crowdfunding.
- Farmcrowdy Tripartite Partnership with CBN and the Government:
Farmcrowdy, the Government, and the Central Bank of Nigeria entered a tripartite partnership. The purpose of the partnership is to cultivate and produce 5,000 tonnes of maize yearly on a 2,500 acre farm site over the next five years.
Farmcrowdy visited the 2,500 acre farm site with a representative of the Central Bank of Nigeria led by its director, Mr. Elenwor Ihua to assess the site where the 5,000 tonnes of maize will be cultivated yearly.
Click here to read more about the partnership.
- Onyeka Akumah Moves on From CEO of Farmcrowdy
In June, Onyeka Akumah, who has been the CEO of Farmcrowdy for the past four years, moved on from the role while Akindele Phillps stepped in to assume the role of the CEO of Farmcrowdy. 
Akindele Phillips has played an important role in building the company to where it is today, moving from being the Chief Financial Officer to the Chief Risk Officer, and now, the Chief Executive Officer.
Click here to read more about the announcement.
- Farmcrowdy 2021 Mid-Year Conference:
The Farmcrowdy annual Mid-year conference took place on Thursday 3rd June and Friday 4th of June 2021. The theme for this year was “Becoming Number 1 with Customers” as our focus this year is remaining on top of mind with our customers by creating the best experience for them.
On Thursday, the guest speaker present was Femi Folusho from the Workforce Group. Femi spoke on eight essential elements of a business which are; Strategy, Execution, Culture, and Structure, Talent, Innovation, Leadership, Strategic alliances and partnerships.
The Friday session was hosted by Lanre Olusola (The Catalyst). During the session, iconic “number 1” people such as Barack Obama, Mohammed Ali, and Fela Aníkúlápó Kuti were discussed. The session also revealed some introspective questions for organizations to ask themselves when creating value for customers. After the two-day event, we visited leisure spots to unwind.
Click here to read more about our mid-year conference and all the fun we had during the event.
Our Farm Visits
- Farmcrowdy Soyabeans Aggregation Center in Gombe State:
We visited our aggregation center in Gombe state where soybeans were being processed for distribution. The Farmcrowdy Aggregation center in Gombe state uses tech to improve soybeans processing and distributing efforts across different states in the country. The tech-enabled aggregation center is located in rural communities and is managed by youth entrepreneurs.
With the Farmcrowdy well-equipped Aggregation centers across the country, bags of Soya beans grown by Farmcrowdy farmers are processed and distributed across the country. Our trained specialists harvest and dry the soya beans before packing them into bags and weighing them. The bags of soya beans are then transported to different parts of the country
. Click here to watch our tour of the facility and see how soybeans are processed.
- Visit to Tea Farm in Taraba
In April, we visited the Mambila Beverages Nigeria Limited, located in Kakara village off Gembu, in Saradauna Local Government Area, Taraba State. The company is managed by Timothy Fanya, who is the Managing Director and CEO. Also present during our visit was the Special Adviser to the Governor of Taraba State on Intergovernmental Relations, Kabiru Jalo.
During the visit, we documented how tea is made from a plant to the tea bags we boil to drink. Click here to read all about our journey to the tea farm in Taraba state.
The Farmcrowdy team recently embarked on a trip to evaluate a sponsored aggregation exercise going on at Iseyin, Oyo State, Nigeria.
Click here to read about the exciting journey from the POV of Kazeem Onafuwa, Brand and Design Manager at Farmcrowdy.
Some members of the Farmcrowdy aggregation team visited Ijebu Ode to carry out enumeration of about 70 cassava farmers from the Eruwon community of Ijebu Ode, Ogun state.
Members of our aggregation team arrived and used the Farmcrowdy App to collate and save farmer’s data. The enumeration of farmers was done for the cassava production project funded by Sterling Bank under the SWAY Agfin program.
Click here to read all about the visit from the POV of one of the members of our aggregation team, Oyebukola Oyeyemi.
It’s been an exciting first half of the year for us and we are eager to see what the rest of the year holds. Stay signed up on our platforms so you don’t miss a thing.
