Agriculture accounts for approximately 24.43% of Nigeria’s GDP, making it a significant sector in the country’s economy and a major source of employment.
Furthermore, agritech startups in Nigeria are gaining momentum, paving the way for a more vibrant agricultural sector. Below are some notable agritech startups in Nigeria:
Thrive Agric
In 2017, Thrive Agric pioneered a tech-driven approach to support smallholder farmers, connecting them with financing options and expert guidance to enhance productivity and scalability. As a leading agritech player in Nigeria, Thrive Agric supports farmers by offering financial solutions, agricultural inputs, and market guarantees to boost productivity and income.
ColdHubs
ColdHubs is a pioneering Nigerian agritech startup providing innovative cold storage solutions for farm produce. Founded in 2015 by Nnaemeka Ikegwuonu, the company offers solar-powered cold rooms to help smallholder farmers and vendors reduce post-harvest losses. Although comprehensive funding records might not be available, ColdHubs has earned global recognition and financial support, including a $110,000 grant. By installing cold storage units in major agricultural centers, ColdHubs enables farmers to rent space daily, prolonging produce freshness from 2 to 21 days and minimizing losses.
AgroMall
Since 2017, AgroMall has delivered advanced agricultural services, including predictive yield analysis and tailored agronomic recommendations. The company’s AgroMall Digital Agriculture Platform (ADAP) promotes transaction transparency and efficiency for agribusinesses, farmer cooperatives, and government initiatives.
