A large number of companies have come together to invest in a Nigerian digital agri-tech platform Farmcrowdy has received a $1 million seed investments from various companies to help expand their agri-tech platform and local farmers in Nigeria.According to a press release by the company, the investment will further strengthen Farmcrowdy to continue its agricultural sector disruption and build a community model for the empowerment of local farmers as well as boosting food production and security in Nigeria.The fund is also expected to increase the number of partnerships between the firm, local farmers and other key stakeholders in the agricultural sectors.Mr Onyeka Akumah, the Chief Executive Officer (CEO) of Farmcrowdy, hinted that the fund will help the startup to increase its portfolio of investment as new project would be launched and more farmers enrolled into the program.
