Farmgate Africa, Nigeria’s agro-commodity aggregator platform has announced its partnership with Livestock247.com, an online Livestock Market.
This partnership is following the recent launch of the commodity aggregator platform by Farmcrowdy Group an umbrella company established to build agritech solutions that will enable the achievement of food security, sustainability and the growth of Agriculture in Africa.
The partnership between Livestock247.com, Farmgate Africa and the Farmcrowdy Group as a whole will deepen the offerings in the agricultural space in terms of proper organization and profitable deployment of funds to key areas of production and trading.
On the production end, Farmcrowdy has partnered with Livestock247.com in piloting its first ever cattle feedlot in Adamawa State. The first phases have been quite successful and this sees the businesses scaling production to over 24,000 bulls with about 1,200 feedlot clusters in the North East, North West and Southern parts of Nigeria operating through feedlot systems.
We are excited about the giant steps our new subsidiary, @Farmgateafrica, Nigeria's agro-commodity aggregator platform is taking since it's official launch by Farmcrowdy Group.
— Farmcrowdy (@farmcrowdy) April 16, 2019
Continue reading👇#FarmcrowdyGroup #FarmgateAfrica #Livestock247 #Agritech #Agriculture #Partnership pic.twitter.com/z4m5gxdvdV
On the trading end, Farmgate Africa has anchored the relationship that sees Livestock247.com trading in excess of 20,000 bulls in over 10 abattoirs in Lagos for Y2019 alone.
According to Ibrahim Maigari Ahmadu, Co-Founder and CEO of Livestock247.com, Lagos slaughters over 6000 cows a day, being the largest consuming livestock market in sub-Saharan Africa. Our target is to produce in excess of 24,000 bulls through 1,200 feedlot clusters in the next one year.
Speaking about how the partnership will strengthen Farmgate Africa’s plans to grow the market-access for farmers and buyers, Kenneth Obiajulu, Co-Founder & Managing Director, Farmgate Africa said, “Our goal has always been to collaborate with relevant partners in the agribusiness space to deliver value for both smallholder farmers and major processors/buyers. With our livestock portfolio, we have received substantial orders from notable key accounts that require bulls with specific criteria. Our vision is a shared one with Livestock247.com, and this sees us developing the marketing together both from a production and marketing point”.
The CEO of Farmcrowdy Group (FCG), Onyeka Akumah expressed his delight at the partnership while stating that Farmgate Africa is already creating huge strides in the Cattle business with an exclusive partner like Livestock247. In Onyeka’s words, “we can’t build an entire ecosystem for Agriculture in Nigeria alone. We have our strengths when we are building solutions with technology, but to build an ecosystem requires strong partnerships with stakeholders who are experts in their domain. So, this is the reason why a partnership with Livestock 247 is exciting for the entire Farmcrowdy Group and specifically for Farmgate Africa — our Aggregator Platform for Agro-commodities”.
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