Firm moves to eliminate wastages, inefficiency in agric value chain
An agric expert, Ken Njoroge, has observed that Nigeria and other African countries have a comparative advantage in agriculture but need efficiency in its value chains to have the desired impacts of food security, job creation and economic development. Njoroge, who is the co-chief executive officer of a leading pan-African technology company, Cellulant Corporation, disclosed […]
An agric expert, Ken Njoroge, has observed that Nigeria and other African countries have a comparative advantage in agriculture but need efficiency in its value chains to have the desired impacts of food security, job creation and economic development.
Njoroge, who is the co-chief executive officer of a leading pan-African technology company, Cellulant Corporation, disclosed this at its inaugural partners’ summit with the theme ‘Technology for Transformation: Connecting Everyone to Nigeria’s $50bn Agribusiness Opportunity and Creating Jobs for Africa’s Youth’, held in Lagos.
In his presentation, ‘Payments Laying Down the Foundation for Connecting Africa’, he said Cellulant had researched and invested in two solutions operational in 20 African countries, including Nigeria, and involving several strategic partners.
The two market place solutions unveiled at the seminar were Tingg and Agrikore.
While Tingg is a payment solution accessible to everyone, Agrikore is an innovative platform built on blockchain technology that has simplified and connected all players in the agriculture sector.
Njoroge said, “If you bring efficiency into the agric value-chain, ensure that crops don’t rot on farms, trucks operate regularly, there are no unemployed youth in rural areas, and no factory produces below capacity, if we can connect these dots, we can bring efficiency that can power the transformation of Nigeria and Africa across board.”
The co-founder of the pan-African technology company further explained that Cellulant was building a business model called ‘farm to plate’ that involved connecting all players in the agric sector with technology to ensure that the processes are optimised.