{"id":3332,"date":"2018-10-18T14:01:20","date_gmt":"2018-10-18T14:01:20","guid":{"rendered":"https:\/\/pishondesigns.org\/Dbase\/?p=3332"},"modified":"2025-11-22T10:36:26","modified_gmt":"2025-11-22T10:36:26","slug":"5-nigerian-startups-worth-noticing-in-2019","status":"publish","type":"post","link":"https:\/\/pishondesigns.org\/Dbase\/5-nigerian-startups-worth-noticing-in-2019\/","title":{"rendered":"5 Nigerian Startups Worth Noticing"},"content":{"rendered":"

Nigerian Startups are everywhere, But sometimes there are those special ones that makes us pay attention. Here’s our list of top 5 Nigerian Startups worth noticing in 2018…2019.<\/p>\n

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First let me begin by saying not all businesses are startups.<\/strong><\/span><\/p>\n

A startup or start-up is started by individual founders or entrepreneurs to search for a repeatable and scalable business model. More specifically, a startup is a newly emerged business venture that aims to develop a viable business model to meet a marketplace need or problem.<\/em><\/p>\n

Some startups have been doing great, and we have businesses like Jumia, Iroko, Konga, Hotels.ng as examples of Nigerian startups that are successful.<\/p>\n

This post aims to look at fresh meat causing havoc in the tech space. Let’s dig in!<\/strong><\/p>\n

1. Nigerian Agritech Startup Farmcrowdy<\/h2>\n

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Honestly, I fell in love with FarmCrowdy<\/span> last year or so when I came across their website. Well designed, dope and Nigerian! Hell yeah. But that wasn\u2019t just it.<\/p>\n

FarmCrowdy is a startup with a difference and they just got over $1m seed investment last year<\/a><\/span>, so they must be doing something right!<\/p>\n

Farmcrowdy\u2019s digital platform connects investors to farmers through sponsorship packages to fund higher yields for a share of the returns.<\/span><\/p>\n

The app allows the sponsors to \u201cFarm Shop\u201d screened agricultural opportunities by produce type, funding amount, contract duration, and expected returns on an investment. The profiles include details on what the sponsorship funds\u2015farm inputs, technical advice, or logistical support\u2015to achieve yields. Common crops are cassava, soya beans, and rice. Investors can also use Farmcrowdy\u2019s platform to track the performance of their sponsorships.<\/p>\n

\u201cWhat makes Farmcrowdy different from other platforms is it turns a complex problem into a digital marketplace,\u201d Farmcrowdy CEO Onyeka Akumah told TechCrunch.<\/strong><\/p>\n

\u201cWe\u2019re taking care of funding for farmers, training for farmers, providing the market for the farmers to sell. We\u2019re taking care of the logistics to move farm harvests to the market and making sure farmers earn a decent return at the end of their cycle,\u201d he said.<\/p><\/blockquote>\n

Farmcrowdy screens small scale farms throughout Nigeria and works with partners such as Syngenta and Africa\u2019s International Institute of Tropical Agriculture to shape sponsorship packages to provide them expertise. A big problem, according to Akumah, is many of the farms do not have the inputs to reach the full harvest potential of their land plots.<\/p>\n