Thrive Agric win a $ 1 million grant from the 14-month competition initiated by Heifer International, the Agriculture Youth Technology Challenge which aims to support young entrepreneurs, and start-ups that develop tech solutions, and impact farmers in securing food in Africa.
Over 4, 000 start-up founders from North America, Latin America, Central Europe, the Middle East, Africa, Europe, and Asia Pacific were present at the challenge to showcase their innovations. The Ayute Africa Challenge is one of the most influential agricultural competitions in Africa which aim to support Smallholder farmers across Africa to grow their business and incomes.
The Ajute Challenge is implemented by Enactus Nigeria to identify, support, and encourage innovative, technology-driven, agro-centric enterprises to thrive and do well. The grant award is used to support innovative agritech in Africa that makes very good use of technology in agriculture, which includes farming and food production.
Hence, Thrive Agric technology was founded in 2017 by Uka Eje and Ayodeji Ankawa as a technology that connects a means to finance premium markets with data.
Thrive Agric is a source of funds to engage farmers with quality inputs, agricultural expertise, process automation, and machinery. Thrive Agric has also worked for over 19000 farmers on over 150 acres of farmland, produced over 3 million birds and 200, 000bplus metric tonnes of grains(maize, rice, soybeans, sorghum as well). They provide farmers with data-driven and tech-enabled insights and guidance on new and improved farming methods to increase their productivity.
However, technology in agriculture has been improving and making agriculture better. It has been providing solutions for farmers that help them achieve efficiency and production results. For instance; having tracking systems that can correct human error, and save resources for manual driving tractors and sprayers.
We all know agriculture is a sacred sector in food production and income generation. If we have more innovation to help make farming and production easier, faster, and properly managed, we will not have to go through the damages that happen to farmers and crop production.
Nigerian farmers lost $700 billion due to the flood crisis in 2022. For situations like this, we can have a technology to detect and give warning to farmers against the incident.
However, with support, technology, and interventions from organizations for farmers and start-up innovators, We can have a better and upgraded farming and production process.
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