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Meet Onyeka Akumah, CEO Farmcrowdy

Agriculture constitutes one of the most important sectors of the Nigerian economy, and in terms of employment, it engages an estimated 70 percent of the country’s labour force.

The importance of this sector has necessitated the government, over the years, to establish several intervention funds, and programs to boost food production in the country. Sadly, most times, these funds do not get to the genuine farmers in the rural areas, who are in need of capital to expand their farming businesses. This is the problem that Farmcrowdy intends to solve.

Farmcrowdy is an agritech startup that connects small-scale farmers to sponsors who invest in farm cycles.

The farmers receive on-the-ground advice and training from agriculture experts on better agricultural practices for different types of crops and production methods. Farmers and sponsors all receive a percentage of the profits from the harvest.

In this article, Nairametrics profiles Mr. Onyeka Akumah, co-founder of Farmcrowdy, Nigeria’s first digital agriculture platform which offers Nigerians a new way to participate in agriculture, through online technology.

Education and Work Experience

Onyeka was born on the 21st of October, 1984 to the family of Dr. & Mrs. Akumah. He is the first of 5 children and spent the first 15 years of his life in Sokoto, Northern Nigeria. After some time, his family moved over to Lagos where he began his entrepreneurial journey by setting up an airtime recharge card shop at Ajah bus stop.

While at university, Onyeka started his first company which was into website design. From it, he was able to generate enough profits to pay for his school fees at some point.

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