Farmcrowdy and its sister companies, Farmgate Africa & Agricsquare have announced a consolidation of all its companies to create a bigger Farmcrowdy.
This is a very
significant step for Farmcrowdy as it will allow the combined entity to have a
stronger foothold in the Agriculture value chain, by dealing with core crop
farming processes, production and trading side of commodities as well as
marketing media for agriculture.
The combined companies will now be referred to as Farmcrowdy, and shortly after the announcement, all sponsorship options available from both platforms (Farmcrowdy and Farmgate Africa) will now reflect on the combined Farmcrowdy Platform, sponsorship options such as; Beef processing, Ginger farms, Cattle farms, Poultry farms, etc, previously only available via Farmgate Africa and Farmcrowdy will now be open to sponsorship on the Farmcrowdy platform to sponsors from both entities. Agricsquare will, however, continue to be run as a product of Farmcrowdy – the largest community of Agriculture enthusiasts in the country with over 20,000 people engaging daily to discuss agriculture-related topics.
For the mode of operation of the new Farmcrowdy, the Managing Director of Farmgate Africa, Kenneth Obiajulu will oversee the trading aspect of the new entity while Temitope Omotolani, Chief Operations Officer for Farmcrowdy will continue to oversee the production side (Crop production, feedlot production, etc) of the company.
According to the Founder and CEO, Onyeka Akumah, this process had always been in the plan to attract more talent, expand Farmcrowdy’s reach in the agriculture value chain and provide more options for sponsors on its platform.
As a company,
Farmcrowdy is operational in 14 states across Nigeria and has
signed up over 25,000 farmers into its program who have cultivated over 16,000
acres of farmland across the country. Farmcrowdy has also recently partnered
with Livestock247, an online livestock marketplace and Best Foods Livestock and
Poultry Ltd, a leading name in the livestock and seafood processing industry in
Nigeria to grow its livestock chain.
The new Farmcrowdy will now be looking for new
partnerships to continue to grow more crops as it targets expansion into 4 new
states while increasing its current supply of over 50 cows fit for slaughter per day to a supply of 100
cows per day by the end of the year made available to top retailers, hotels,
and eateries across the country.