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mbellakbail69

AgroCenta: Digital food distribution platform creating shared value for businesses and ... - 1 views

shared by mbellakbail69 on 12 Feb 21 - No Cached
  • AgroCenta is contributing to the agenda of feeding 9 Billion people by 2050 through helping smallholder farmers with information of best farming practices, access to capital to produce more to ensure sustainable food security
    • tahaemsd
       
      This would ensure sustainable food security
  • By eliminating exploitative buying from the value chain, smallholder farmers are able to become financially independent, get enough money to take care of their families and needs thereby alleviating them from poverty
    • sawsanenn
       
      it will raise one of the biggest challenges which is poverty and reduce it.
  • AgroCenta is contributing to the agenda of feeding 9 Billion people by 2050 through helping smallholder farmers with information of best farming practices, access to capital to produce more to ensure sustainable food security
    • ghtazi
       
      I think that this is good and very respectable that Agrocenta wants to get rid of hunger and help people in need. this is a very sustainable idea.
  • ...1 more annotation...
  • AgroCenta is contributing to the agenda of feeding 9 Billion people by 2050 through helping smallholder farmers with information of best farming practices, access to capital to produce more to ensure sustainable food security
    • mbellakbail69
       
      AgroCentra will solve and minimize hunger and ensure sustainable food stability as one of the greatest society challenges
mehdibella

AGROCENTA - Make-IT in Africa - 1 views

  • AgroCenta is an agricultural technology platform that focuses on using technology to provide market access to smallholder farmers in Ghana. Their primary objective is to promote and facilitate fair trade for smallholder farmers in sub-Saharan Africa by connecting them directly to larger and structured markets. It thus connects them to large, medium and small businesses in order to sell to breweries, food manufacturers and processing industries without intermediaries. The different digital services the company provides in the fields are “Agro-Trade”, “Agro-Pay”, “Agro-Logistics” and “Agro-Information”. By improving the logistical process and removing exploitative buying from the value chain, smallholder farmers can sell at competitive prices and improve their financial livelihood.
    • kenzabenessalah
       
      AgroCenta allows farmers to sell their crops and tools to other businesses and manufacturers in an efficient and effective process. I find it amazing how such a concept can facilitate multiple services for many players.
  • AgroCenta is an agricultural technology platform that focuses on using technology to provide market access to smallholder farmers in Ghana. Their primary objective is to promote and facilitate fair trade for smallholder farmers in sub-Saharan Africa by connecting them directly to larger and structured markets.
    • mehdibella
       
      The different digital services the company provides in the fields are "Agro-Trade", "Agro-Pay", "Agro-Logistics" and "Agro-Information" that allows the farmer to make the best out of the crop
  • By improving the logistical process and removing exploitative buying from the value chain, smallholder farmers can sell at competitive prices and improve their financial livelihood.
nouhaila_zaki

Startuplist Africa | Startuplist Africa - 0 views

  • AgroCenta focuses primarily on small holder farmers and farmer based organizations, connects them to a larger market online to trade equitably, a percentage of the sales of farmers farm produce is re-invested into purchase of agric inputs such as fertilizers, seedlings, pesticides, weedicides and hiring of tractor services. AgroCenta eliminates the common practice where middlemen/brokers act as exploitative buyers, purchase produce for less than a third of its actual value from smallholder farmers and re-sell in urban markets for huge profits.
    • nouhaila_zaki
       
      This excerpt is important because on the one hand, it introduces the niche market that AgroCenta products and services are targetting; but also the common practices that AgroCenta intended to eliminate (i.e. exploitative behaviors by middlemen and brokers).
ghtazi

AgroCenta to expand operations in Ghana after recently closed $650k round - Ventureburn - 0 views

  • The startup — which in April this year was crowned Seedstars Global Winner — connects smallholder farmers directly to an online market to sell their commodities and by doing so eliminates middlemen and brokers who often exploit the farmers.
    • tahaemsd
       
      Seedstars Global Winner
  • Ghanaian agritech startup Agrocenta will use its recently closed $650 000 round to expand operations in Ghana — the company’s CEO and co-founder Francis Obirikorang revealed yesterday.
    • sawsanenn
       
      It is a good idea to expand its operations all the country, so every farmer can benefit from this opportunity to improve its agricultural investments
  • Ghanaian agritech startup Agrocenta will use its recently closed $650 000 round to expand operations in Ghana — the company’s CEO and co-founder Francis Obirikorang revealed yesterday.
    • ghtazi
       
      I think that this is a great idea because it will help the company to extend its activity and also more farmers will benefit from Agrocenta.
nouhaila_zaki

AgroCenta: Digital food distribution platform creating shared value for businesses and ... - 0 views

  • The agricultural value chain is huge. We cannot do it all so we have fostered very strategic partnerships with institutions aligned with our values and mission. We are always seeking more of such partnerships and invite you to reach out if interested in working with us.
    • nouhaila_zaki
       
      This article is important because it enumerates AgroCenta's different investors and partners. This is important because it allows us to understand the financing scheme that AgroCenta is having. In addition, it enables us to have an idea about the large scope of the agricultural value chain and which institutions contribute to mitigating the risks and challenges AgroCenta might face as a result of this large supply chain.
kenza_abdelhaq

Ghana: Pan-African Savings and Loans Supports Small Holder Farmers - allAfrica.com - 0 views

  • The facilities are being made available by the Pan African Savings and Loans Limited in partnership with AgroCenta, under their Financial Inclusion for Small Holder Farmers in Africa Project (FISFAP) and Alliance for a Green Revolution in Africa (AGRA)
    • kenza_abdelhaq
       
      AgroCenta partners up with different entities as part of projects and alliances to provide loans and financial advisory services to small holder farmers.
  •  
    "The facilities are being made available by the Pan African Savings and Loans Limited in partnership with AgroCenta, under their Financial Inclusion for Small Holder Farmers in Africa Project (FISFAP) and Alliance for a Green Revolution in Africa (AGRA)"
hibaerrai

Ghana's Farmers Use Mobile Apps to Skip the Middleman - 0 views

  • “The lack of an access to a structured market results in smallholder farmers being forced to sell to middlemen who buy at ridiculously exploitative prices,” writes the team at AgroCenta, a mobile marketplace for Ghanaian farmers, on its website. Ghanaian farmers don’t have access to buyers in faraway cities, or access to truckers who can transport their goods to a central market. The middlemen provide a service, but it hardly benefits the farmers at all. The middlemen have all the power, and with a largely illiterate population of farmers, all the leverage. AgroCenta, founded by two former employees of Esoko, a financial assistance app, is a sort of Swiss Army knife of tools to help address those issues. It’s not cutting out the middlemen, not yet, but it places some more power in the hands of farmers, with the goal of increasing that power. Within that knife are four platforms: AgroTrade, AgroPay, Truckr, and AgroInfo.
    • hibaerrai
       
      This agritech help farmers have more power in the market and have more access to other buyers in other cities, and that through the platform.
mbellakbail69

AgroCenta CEO on the Challenges of Entrepreneurship in Ghana - 0 views

  • AgroCenta focuses on 3 key impact goals for Ghana:No Poverty: we are definitely improving the financial livelihood of smallholder farmers through fair trade. Many smallholder farmers are paid less than $1 a day and our objective is to increase it to $4 a day by 2020.Gender Equality: in Sub-Saharan Africa, traditions and land ownerships do not favor women, which ends up in many women being excluded from the agriculture value chain. By engaging the relevant stakeholders, AgroCenta rents arable agricultural lands to female smallholder farmers for free. Women are also given seeds, fertilizers, mechanized tractor services and extensive advisory information on farming best practices such as what type of seed to plant, when to plant, how to plant, etc.Decent Work & Economic Growth: we empower smallholder farmers to see agriculture as more than just a way to survive and position it as a viable industry that can be sustainable for their family.
    • mbellakbail69
       
      AgroCenta is primarily a digital food and logistics network that generates shared value for local companies and small farmers. Their  business model is simple; it's a B2B company that earns commissions from the companies they deal with for commercial transactions.
aminej

Le ghanéen Agrocenta obtient 790 000 $ pour sa plateforme de gestion et de fi... - 0 views

  • (Agence Ecofin) - Malgré la crise sanitaire, la demande en produits agricoles reste importante au Ghana. Dans ce contexte, la start-up Agrocenta a fait le pari de financer et trouver des débouchés à ces agriculteurs qui n’aspirent qu’à produire davantage pour satisfaire la demande. Agrocenta, une start-up ghanéenne fondée en 2015 dans le but de faciliter l’accès aux marchés et aux financements a bénéficié d’un appui financier de 790 000 $ des fondations Shell et Rabobank, de la firme d’investissement AV Ventures dédiée aux entreprises agroalimentaires ouest-africaines et du Bureau des affaires étrangères du Commonwealth.
    • aminej
       
      Agricultural products are needed whatever happens and mostly in periods of crisis such as the outbreak of COVID when people started panicking and running to stores in order to buy whatever they can. Agrocenta has managed to deal with the crisis in a great way
nouhaila_zaki

AgroCenta: Digital food distribution platform creating shared value for businesses and ... - 0 views

  • This is our financial inclusion platform targeted at smallholder farmers. We make it super easy for institutions to on-lend and disburse funds to a large network of smallholder farmers. We don't just give you access to farmers, we give you access to trustworthy low risk farmers.
    • nouhaila_zaki
       
      This excerpt reflects the financial inclusion concern of AgroCenta. The LendIt platform allows farmers to access to digital payments, micro-lending and crop insurance more easily thanks to it.
  • Farmer Registrations Know where your farmers reside, how much money they've been making in the past, their family sizes, their literacy levels and more. Inventory Management Easily track how many tons of commodities you have available across multiple locations. Quickly know where to concentrate more effort. Logistics & Tracking Which route is the most efficient to use for commodity pickups? How long will it take for customers to receive commodities they ordered?
    • nouhaila_zaki
       
      This excerpt reflects what the Cropchain platform introduced by AgroCenta does for its customers, namely enforcing traceability, transparency and accountability in the agricultural supply chain.
hibaerrai

AgroCenta | F6S - 0 views

  • AgroCenta brings the shareholders in Ghana’s agricultural value chain under one umbrella. Focusing on the producers, rural smallholder farmers, the company has developed a web and mobile platform that provides rural farmers with a suite of services to empower them to sell their crops at fair-market prices. AgroCenta’s platform, which is includes SMS functionality, provides the following services: 1) AgroInfo: real-time commodity pricing information; 2) TruckR: an on-demand logistics solution; 3) AgroTrade: a market platform to offer crops for sale; and 4) AgroPay: a mobile-money based payments service. The company markets its platform leveraging an intimate knowledge of the African cultural context and recruiting and technologically empowering village chiefs to act as advocates or agents for the platform.
    • hibaerrai
       
      What I find very thoughtful and interesting is that farmers can apply and ask for loans or different financial services not necessarily through smartphones. They can send an SMS and get the service.
kenzabenessalah

AgroCenta - Crunchbase Company Profile & Funding - 1 views

  • AgroCenta was founded by two ex-esoko employees, Francis Obirikorang and Michael K. Ocansey in 2015 to improve the agricultural value chain in Ghana. Two critical problems within the value chain, which are the lack of an access to market for smallholder farmers in the rural areas, which subjected them to activities of exploitative, buying frommiddlemen and the lack of a coordinated truck delivery system to cart their commodities from farms to markets to sell.
    • kenzabenessalah
       
      Improving the value chain in Ghana is essential to its economy and operations. With AgroCenta, problems with delivery systems and untrustworthy marketers will decrease.
kenza_abdelhaq

AgroCenta Startup Profile | Startuplist Africa - 0 views

  • AgroCenta Competitors
    • kenza_abdelhaq
       
      AgroCenta's competitors include MySidekick in South Africa, Intigo in Tunisia, and Odiggo in Egypt.
hibaerrai

AgroCenta: Empowering and supporting smallholder farmers through technology and innovat... - 0 views

  • AgroCenta provides an end-to-end solution for smallholder farmers in the post-harvest value chain from farm to market, leveraging on technology to create impact. AgroCenta's services include a market linkage platform (AgroTrade) linking farmers directly to buyers and removing exploitative buying, TruckR which is an on-demand trucks and logistics services (uber for trucks), AgroPay which is a financial inclusion plaform for the rural unbanked smallholder farmer.
    • hibaerrai
       
      Agrotrade is a smart initiative and a great platform because farmers won't need to travel or have any contact with the buyer or seller, and in the time of Covid-19, it is beneficial.
mbellakbail69

Ghanaian agritech startup AgroCenta eyes expansion with Nigeria pilot - Ventureburn - 0 views

  • Last year the startup clinched several accolades including the Environment and Green Energy category at the World Summit Awards, the Young Entrepreneurs Competition at the World Export Development Forum and the Africa Social Good category at Tech Crunch Startup Battlefield Africa. In addition, Seedstars World recently selected AgroCenta for its Seedstars Growth Programme, an investment arm of the Swiss organisation which provides high-growth startups with $50 000 as well as access to business advisory and marketing services. Based on this wide acclaim, this startup is clearly onto something.
    • mbellakbail69
       
      AgroCenta is built around AgroTrad an online trading platform that links farmers to a larger organized market. A logistic on-demands solution, an information platform, and a mobile money service are also provided by the startup.
mbellakbail69

AgroCenta Raises $790K Pre-Series A Working Capital & Development Funding - Tech Nova - 0 views

  • Through AgroCenta’s CropChain platform, smallholder farmers can execute transactions with accurate information and provide reliable access to financing, inputs and knowledge on agricultural best practices. AgroCenta has increased crop yields of farmers by 40% and increased the average CropChain farmer’s income by 35%.
    • mbellakbail69
       
      I believe that the funding would enable AgroCenta to expand further its small farmer inclusion programs and to acquire crops for contracts for offshoot operation at clear and fair market prices.
tahaemsd

AgroCenta - Disrupt 100 - 0 views

  • AgroCenta has four key strands to the business. First is its AgroTrade platform which enables smallholder farmers in remote farming communities to sell directly to buyers in the urban areas. Second, its TruckR on-demand shipping logistic service provides transport for goods at the click of a button. Third, AgroInfo gives smallholder farmers information on commodity pricing via SMS and Voice solutions, helping farmers make informed decisions on how to price competitively. Lastly, AgroPay is a financial-inclusion product for smallholder farmers, allowing them to easily access credit facilities, layaway some funds and transact using the power of mobile phones.
    • tahaemsd
       
      using its innovative technology which connects smallholder farmers to a larger market to trade and sell directly to buyers in the urban area
hibaerrai

Online platform improves the livelihood of small farmers in Ghana - 0 views

  • We have seen improvements in farmers’ livelihoods because we give them a fair price for the commodities they produce and help them with better farming practices so they increase their yields. Seeing farmers being able to pay school fees for their families has given us joy about what we do. Agriculture is the space we should be in. Before AgroCenta farmers were selling to middle men at sometimes ridiculously low prices for maize, for instance. At the time a middle man would buy a 50 kg bag of maize for US$9 (40 cedis) and we would buy it for US$11 (49 cedis). We deal mostly in maize, sorghum and soya beans and have a five year contract with a big organisation that has a constant demand for these commodities. In 2016 we sponsored 400 farmers, the majority of whom were women. We provided them with seed, fertilisers and tractor services. These farmers had an assured market. Everything they produced got purchased by us at prevailing market prices, enabling them sell quickly and earning higher.
    • hibaerrai
       
      Not only does AgroCenta financially support farmers (Agropay) but it also provided all nnecessary material to make their lives easier ( seeds, soil...).
kenzabenessalah

AgroCenta: Digital food distribution platform creating shared value for businesses and ... - 1 views

  • AgroTrade makes managing pre-harvest and post harvest activities a breeze. It is effortless monitoring farmers activities right from planting till when commodities get to the warehouses of off-takers.
    • kenzabenessalah
       
      What's interesting about AfroTrade is that it minimizes the need for physical contact, which is beneficial for what's going on in the world right now.
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