Nigeria is a country that is fortunate to have access to many natural resources and a large fertile land for agricultural practices. A key source of wealth for the nation before the discovery of oil was agriculture. And in recent years the government has made it a priority to reclaim that market.
As a result, agriculture has received a lot of attention, encouraging young entrepreneurs to start their own businesses. Because of the success of this method, Nigeria now offers venues for agricultural investment. You can now profit from the market without engaging in direct agriculture.
Continue reading to discover a list of the top agricultural investment platforms in Nigeria – and all the information you need to know about them.
What are the agricultural investment platforms in Nigeria?
Numerous investment platforms exist in the nation, offering various investments and returns based on the produce. Additionally, although some of these platforms merely link investors and farmers, others really engage in agricultural activity. In Nigeria, the major agricultural investment platforms are:
1. Agro partnership
You can participate in lucrative agricultural opportunities from the comfort of your home with the help of Agropartnerships, a straightforward and secure collaborative platform. You may quickly invest in farms, engage in commodity trading, and count your profits.
The platform allows you to practice top-tier farming without having to deal with the typical stress that is associated with it. Simply said, you fund a farm on whatever scale your wallet will allow, and we use the greatest knowledge, resources, and equipment to create top-notch harvests that will generate a profit.
Agriculture commodities can now be traded locally, globally, even while you’re on the go. Select a trade, and that trade will take care of the sourcing, handling, logistics, warehousing, and sales. On the platform, every trade has a guaranteed market and is covered.
A global Agtech firm called Farmcrowdy is dedicated to addressing inefficiencies in the food value chain.
Their business approach makes use of technology to link stakeholders and provides simple access to processed foods, agricultural inputs, and farm products. The goal is to provide premium value to all involved in the food value chain, with a focus on creating a household name that is unmatched in Africa’s digital agricultural sector and is known for innovating in the field of food security. Farmcrowdy’s objective is to be the top Agtech company advancing sustainability in the world food supply chain.
By assuring local and international fair trade of agricultural commodities, Agrorite is enhancing the standard of living for smallholder farmers and increasing the profitability of the agribusiness sector.
Providing smallholder farmers with access to high-quality farm inputs, seedlings, and technical assistance can help them close their financial gap.
Agrorite has networks of reliable off-takers across four continents with the ability to buy from onboarded smallholder farmers, in keeping with its mandate to provide premium markets for smallholder farmers.
Over 300,000MT of agricultural goods could be traded by Agrorite across four continents. Among our specialities are sesame seeds, cashew nuts, ginger, peanuts, cocoa, hibiscus flower, and shea butter.
4. Agro park
The primary business of Agro Park Development Company Limited (APDCL) is farm management. It participates in the entire agricultural value chain. Their goal is to manage farms for individuals, businesses, and institutional investors while also supplying nations with better food.
Agritech firm Farmbuddy Technology Limited, often known as Farmbuddy, has offices in Lagos, Nigeria and the UK. In order to provide high-quality, secure, and reasonably priced farm products for a growing population, they collaborate with seasoned farmers and agronomists for farm production. They have farms that cover more than 200 acres in Isiwo, Ogun State. The investment platform invests in farms that grow crops and raise animals, including cucumber, tomato, chicken, snails, pigs, cassava, plantains, rice, grass cutter, and others. Their farming operations are conducted in carefully regulated settings, enabling and boosting fresh product and livestock safety.
Agrilet is an agribusiness platform with the goal of increasing the profitability and sustainability of agricultural products while also offering high financial returns on investments.
BAZUZE is a platform for agricultural commodity trading partnerships that enables those who lack the necessary time, expertise, or capacity in agriculture, the potential for financial gain from exchanging agricultural products in exporting to foreign markets as well as the local market. They achieve this by increasing the capacity of underserved smallholder farmers to lose and waste following harvest.
As an all-in-one financial solution for people and businesses to achieve short or long-term goals while fostering impactful growth, Crowdyvest is an impact-driven financial technology platform that develops financial solutions for a community of people and organizations dedicated to long-term growth and financial freedom.
The EZ Farming platform, the first farm accelerator, was introduced in Q4 of 2018 to assist African farmers in quickly scaling their operations and locating consumers. They help smallholder farmers scale up their operations into commercial scales and equip the following generation of farmers by connecting them to input and produce purchasers throughout the world. Since its inception, EZ Farming has worked with numerous private and business clients.
Letsfarm (“Let us Farm”) is a platform where anyone may engage in agriculture effectively with the goal of encouraging young people to pursue careers in agriculture.
An agrotechnology business called FarmFunded connects donors with farmers who need money to expand their farming operations.
Farmcenta is the fastest-growing agri-tech firm in Nigeria that works to give farmers and agribusinesses sustainable access to resources necessary for maximizing their contribution to global food security.
The production, processing, and sale of fresh farm-grown and processed meat (chicken, turkey, goats, rams, cattle, rabbit, cane rats, etc.), as well as crops, catfish, vegetables, and fruits, are all activities carried out by Farm360, a fully owned integrated farming enterprise in Nigeria. Their farm-fresh goods are transported from the farm in catering or consumer packaging, suitable for hotels and restaurants, grocery and retail stores, as well as food service organizations. We guarantee that our products fulfil the required standards in terms of specifications, packing, and food safety before we deliver them, whether they are chilled or frozen.
Research any platform’s current financial situation and payout frequency over the previous few months before making an investment. However, the aforementioned platforms are now legitimate and, without regard to ranking, among the best.
Is investing in agricultural investment platforms in Nigeria really worth it?
Although the terms and conditions for investments vary from platform to platform, we can safely say that they are worthwhile. This is due to the fact that the majority of these platforms provide excellent rates with an annual return on investment of up to 100%. However, such a lucrative investment is subject to strict requirements, such as minimum investment amounts and investment terms.
Additionally, the investment often carries fewer risks and is more secure than a volatile market like equities. This does not imply that they are risk-free, though. Regardless of your view, it’s crucial that you research a platform’s current investment pattern before investing any money in it.
How can I invest in these platforms for agricultural investment in Nigeria?
Actually, the prerequisites and the method of registration before investing vary amongst platforms. As a result, you need to do your homework on the particular platform you want to invest in. Additionally, some of them offer mobile applications to make things simpler, although you must access some of them through their main websites. But they generally proceed in the same way:
- Visit their official website to learn more about the investment services offered and to make your investment decision. If they have a mobile application, you can also download it to make things simpler.
- proceed and adhere to the platform’s due process requirements.
- Make sure you understand the investment’s terms and conditions before making a decision.
- Making payments is the last stage, after which you can monitor the growth of your investment.
Agriculture is still one of the most lucrative industries to invest in. Additionally, many of the investments made on these platforms are insured, thus reducing the danger of a capital loss. In addition, compared to other industries in the nation, they also provide comparatively larger returns on investment.
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