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Ghanaian Agtech Farmerline To Use New Funding To Strengthen Its Infrastructure, Help Farmers Create Wealth

Ghanaian Agtech Farmerline To Use New Funding To Strengthen Its Infrastructure, Help Farmers Create Wealth

04/26/22, 6:30 AM
Industry
real estate
A McKinsey and Co. study suggests that while sub-Saharan Africa has the potential to increase (even triple) its agricultural output and overall contribution to the economy, the sector remains untapped largely due to lack of access to quality farm inputs, up to par infrastructure like warehousing and market. This is in an economy that derives 23% of its GDP from agriculture, with 60% of its population being involved in small-scale farming.

Company Info

Company
Farmerline
Additional Info
According to Attiah, the startup more than doubled its direct-reach last year to 79,000 farmers, up from 36,000 in 2020 and 8,000 in 2019. Farmerline was founded in 2013 by Alloysius Attah and Emmanuel Owusu Addai.