ThriveAgric, a Nigerian agritech startup has received a $ 1 million grant prize after being selected as the West African winners of the Annual Agricultural Youth Technology (AYuTe) Challenge.
The AYuTe challenge was organized by Heifer International to help young entrepreneurs working to level up food security in Africa by integrating and developing technological services to support small-scale farmers.
Uka Eje, the CEO and co-founder of ThriveAgric in a statement said, “These endorsements are an encouraging validation of the hard work we have put in through the years and pointers that we are on the right path. Our desire to create more impact among African smallholder farmers and also expand to new territories is a major driving force for us, as we aim to develop the largest network of profitable farmers in Africa”.
“We remain resolute with our goal of reaching one million farmers this year in Nigeria alone”, she added.
About the Company
Since its launch as an agricultural technology startup, the company has built a network of over 500,000 smallholder farmers and is providing them with access to finance, premium markets, data-driven advisory and distribution of products.
ThriveAgric is also deliberate on ensuring food security to smallholder farmers through solid information and insight that results in optimum yield as well as profit gain.