As Nigeria and other African countries move to improve their Gross Domestic Product (GDP) with more earnings from the agricultural sector, Tingo Mobile has disclosed that over 14.7 million farmers and agri-businesses have been registered through a platform, Nwassa aiming at solving agricultural challenges in Africa with technology.
Chief Executive Officer of Tingo Mobile, Dozy Mmobuosi, added that more than 9.32 million farmers have been provided communication devices and tools to access market and financial inclusion.
To him, millions of farmers are currently being added to the platform aimed at improving productivity and profitability.
This is coming as GSMA, an industry organisation that represents the interests of mobile network operators put SIM connections in sub-Saharan Africa at 747 million, meaning that over 75 per cent of the population have access to mobile phones.
Mmobousi believes that while more than 60 per cent of the population of sub-Saharan Africa remain smallholder farmers, the growing mobile penetration could connect them to market through digital solutions
Mmobousi noted that innovative digital platforms such as Nwassa are critical to the growth of agriculture in the region as the development would give people the opportunity to engage in agribusiness anytime and on the go, by funding farms and trading of agricultural commodities.
The technology giant, currently operating in the US, UK and Nigeria said it has positioned Nwassa as a bridge to connect Africa farmers to the rest of the world.
According to Mmobuosi, with the development, the sector will be provided an ecosystem that empowers rural farmers and agri-businesses by using simple technology to enable access to market and enable farm produce to be shipped from farms across Africa to any part of the world, in both retail and wholesale quantities.
“Our goal is to enhance the entire value chain by bringing every player under the same umbrella.
“Nwassa, which was launched in January 2019, is a holistic platform that attempts to connect every player in the entire agriculture value chain. The platform allows farmers to sell their farm produce in large quantities to buyers within and outside Africa,” Mmobuosi said.