Nigerian Agritech Startup UfarmX Expands to Senegal to Empower Farmers Through Blockchain Technology
Nigerian Agritech startup that utilizes Blockchain and AI technologies to revolutionize agriculture, UfarmX, has expanded operations to Senegal to empower rural, unbanked, and underserved smallholder farmers.
The startup CEO Alexander Zanders said, at its heart, UfarmX is a digital bridge, an enabler, and a catalyst within the African agricultural landscape.
In his words,
“When we started, it wasn’t just about farming, it was about revolutionizing the way smallholder farmers, who are the backbone of the agricultural industry, access resources, and markets. We use cutting-edge blockchain technology to bring these off-grid, often overlooked communities into a larger, more accessible, and transparent market ecosystem.
“Through UfarmX, we’re not just planting seeds in the soil; we’re sowing the seeds of economic empowerment, technological innovation, and sustainable growth for Africa’s most valuable players in agriculture”.
Founded in 2019, UfarmX utilizes blockchain and Al technologies to revolutionize agriculture by integrating supply chain management and data collection. This approach provides climate-smart insights to farmers in emerging markets, enhancing productivity and bolstering food security, all while promoting financial inclusion.
The platform does various things, connecting farmers to quality inputs, much of it on credit utilizing a transparent blockchain ledger, allowing them access to markets post-harvest; and giving them the data they need to scale their operations.
At UfarmX, the startup mission is to catalyze transformative change within the agricultural landscape. Through seamless integration of technology and agriculture, it empowers smallholder farmers to amplify productivity, ensuring a more sustainable and secure food future.
UfarmX dedication extends to fostering financial inclusion and women’s empowerment, all driven by the convergence of innovation and empowerment for the collective betterment. Notably, it synergizes innovation and community to empower the emerging agricultural landscape.
