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Home Business

Farmerline expands operations in Africa

April 18, 2023
in Business
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Farmerline gets GHC 97 million to support African agribusinesses
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Farmerline – one of the world’s leading agritech companies -has announced its expansion into francophone Africa with an official launch of operations in Cote d’Ivoire; deepening partnerships across West Africa and accelerating its commitment to support
small scale farmers everywhere.

In line with Farmerline’s existing model combining local and global industry stakeholder
partnerships, well-trained field agents, farm resources, logistics and award-winning digital tools, the expansion will see Ivorian farmers benefit from access to high-quality fertilizers and seeds; free education on climate-smart farming practices via a 1349 shortcode (similar to 911, but for farmers); and connections to international markets.

This year marks a decade since Farmerline was launched by co-founders Alloysius Attah and Emmanuel Owusu Addai; delivering daily voice and SMS agronomic messages to 800 farmers in  Ashanti region in their own language through the company’s technology platform Mergdata.

Since 2013, they’ve collaborated with over 3000 strategic partners across 48 countries, including government institutions, local agribusinesses, NGOs and food companies who have licensed Mergdata to support and improve the lives of 1.7 million small-scale farmers to date.

‘We’ve worked with partners who have been using our technology in Ivory Coast for the past six years,’ Alloysius explains. ‘The time has come to expand and fully commit to helping Ivorian agribusinesses to drive forward the farmer and agribusiness digitisation agenda, including creating and distributing localised agronomic and farm services to support as many farmers in the country as
possible.

‘Ivory Coast is home to over three million smallholder farmers, and Abidjan is the centre of the francophone Africa region,’ Alloysius adds. ‘We’re very excited about the opportunities we see there and partnerships will be key to realising the possibilities. We don’t see this as a winner takes all approach or a zero sum gain. We will continue collaborating with local agribusinesses, farm cooperatives, our existing partners, government and food trading companies aligned with our mission
to create lasting profit for small scale farmers and promote sustainable agriculture in the country.’

Last year, Farmerline announced a Pre-Series A investment raise of $14.4 million and grew their team across the West African locality. The company’s new Regional Manager of Francophone Africa & Country Manager of Ivory Coast, Joel Amani Kouame says:

‘Our team are excited to bring our solutions to Ivory Coast and we look forward to serving the farmers in this region. ‘Agriculture remains the core of African economies, and by bringing big data management technologies and predictive analytics into farming; alongside providing quality inputs in a timely manner, agronomic support and a marketplace for smallholders, we can make the sector far more.

Source:BFT

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