An agro-tech startup is helping smallholder farmers in Nigeria connect with middle-class citizens who can supply some much needed capital. The startup’s crowdfunding model allows Nigerians to sponsor existing farms for between $260 and $790. In return, upon harvest, farm sponsors earn between 9% and 25% profit on their initial investment. Having been successful so far, the startup could potentially help the Nigerian government achieve one of its often discussed ambitions: getting more Nigerians to practice farming. That ambition is largely driven by the government’s desire to boost food self-sufficiency, reduce imports and diversify its oil-dependent economy.
This startup is using technology to get Nigerians to farm again
More of Today's Solutions
More US states and cities are boosting minimum wages in 2026. What does it me...
BY THE OPTIMIST DAILY EDITORIAL TEAM As the federal minimum wage remains frozen at $7.25 an hour, unchanged since 2009, cities and states across ...
Read More3 organization hacks for Type B brains that actually work
BY THE OPTIMIST DAILY EDITORIAL TEAM Scroll through any productivity blog or time-management book, and you’ll find a familiar formula: rigid routines, detailed planners, ...
Read MoreAn easy hack to counteract the harmful health effects of sitting all day
Humans are not designed to spend the entire day seated. Nonetheless, billions of us do it at least five days per week, as Western ...
Read MoreEnsuring no pet goes hungry: The rise of pet food banks in the UK
Pete Dolan, a cat owner, recalls the tremendous help he received from Animal Food Bank Support UK, a Facebook organization that coordinates volunteer community ...
Read More
