Affordable financing remains a challenge for Africa’s smallholder farmers. Despite a need for $160 billion in financing across sub-Saharan Africa and Southeast Asia, traditional financial institutions are hesitant to provide capital. However, Nigerian agritech entrepreneurs are stepping up, using fintech innovations to bridge financing gaps. Nigeria, home to three fintech unicorns, sees startups like Tingo, HerVest, ThriveAgric, Crop2Cash, and TradeBuza offer unique financial solutions tailored for farmers. These startups combine digital payment services, savings apps, tech solutions, and financial identities to improve farmers’ access to markets, credit, and education. Learn more [here](insert the original source link).
How can technology continue to improve financial access for smallholder farmers in Nigeria and beyond? Share your thoughts!
