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Tuesday 12 October 2021

Top Agriculture Based Digital Investment platforms in Nigeria 2023 | Digitalk World




TOP AGRICULTURAL DIGITAL PLATFORMS IN NIGERIA

Agriculture have been a major source of impact to the Growth and development of Nations. On Digitalk World, we look at Various

 Digital agro-based Platforms that can be of great benefit to you in terms of Investment. Join us as we take you through the top Five(5) Agriculture Based investment platforms in Nigeria you can take Advantage of for years to Come. 



Farmcrowdy

The platform was the first to launch in Nigeria Among many agricultural Digital Platform. The platform raises funds through a technique called “crowdfunding” for farmers. The concept is quite straightforward; sometimes, a lack of capital may prevent some farmers to do the needful of sowing in time for harvest. This platform helps to raise fund for these farmers, with a return on investment between 6% and 25%.


Website: Farmcrowdy.com
ROI for investors: 6% – 25% (flat rate)
Range cost of farm products: ₦90,000 – ₦284,000
Period of cycle: capped 5 to 12 months
Risk mitigation policies: Insurance cover for initial sponsorship capital. Does not cover the return after harvest Period.
Available Products: The products available for investment on this platform are Maize, poultry farm, soybeans, cassava and rice.



Thrive Agric

This platform was launched in the Year 2016 with the main aim of crowdfunding investments for farmers. These investments are reviewed in market access and tech-driven advisory. Similar to Farmcrowdy, return on investment is capped between 6% and 25%.

Website: Thriveagric.com
ROI for investors: 6 – 25% (depending on the type of produce)
Range cost of farm products: ₦80,000 – ₦260,000
Period of cycle: capped between 3 to 6 months.
Risk mitigation policies: Insurance cover to the tune of full capital invested, but not profit.(Covered by Leadway Insurance)
Available Products: The products available for investment on this platform are Poultry farm, maize, groundnut, sorghum, cassava, cowpea, soybeans and rice.



Growsel

Growsel is an agricultural crowdfunding organization that connects struggling farmers with lenders around the world to Eradicate poverty and promote available of Food for all. this platform connects farmers with global investors to ease poverty burden. Its different in the sense that farmers declare the investment needed, and investors provide a minimum of 10% of the capital until they raise the full amount. Return on investment is between 5% and 20%.

Website: Growsel.com
ROI for investors: 5 – 20% (flat rate)
Range cost of farm products: No predetermined cost.
Period of cycle: capped Between 4 to 7 months.
Risk mitigation policies: Insurance cover is usually a minimum of 3% and a maximum of 20% depending on the kind of farm.
Available Products: The products available for investment on this platform are Ginger, maize, potato, tomato, cassava, soybeans and rice.



EFarms

Was Initially established as FoodBank GrowMore LTD, this platform is determined to transform Sub-Saharan Africa into a major hub.its Goal and level of impact so vast that it feeds the world by serving as a link between investors and farmers. Return on this platform is between 15% – 35%.

Website: EFarms.com.ng
ROI for investors: 15 – 35% (flat rate)
Predetermined cost of farmland: Yes
Range cost of farm products: Unknown
Period of cycle: Unknown.
Risk mitigation policies: Capital back for investors, in the event of crop failure or disaster.
Available Products: The products available for investment on this platform are Maize, poultry farm, cassava, pineapple farm, catfish farm, snail and soybeans.



Agrecourse

The Focus of Agrecourse is to turn small farmers into commercial farmers. They do so by pulling investments from individuals and corporate entities. The return on investment on this platform is between 15% – 40%.

Website: Agrecourse.com
ROI for investors: 15 – 40% (flat rate)
Range cost of farm products: Unknown
Period of cycle: 4 to 12 months
Risk mitigation policies: insurance covers only the principal that has been invested and not the returns after harvest.
Available Products: The products available for investment on this platform are Maize, poultry farm, catfish farm.

In Conclusion

If you take your time Going through the return on investments on these platforms, its Visible that high returns are attractive view to your eyes. investment in Agriculture is an advisable means of making passive income and be a blessing to all around.

The farmers get access to funds that enable them to access technology to help with efficiency, while the investor gains returns on investment. It’s purely a win-win experience for All!

At Digitalk World, We Digitally Optimize Dreams.


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