Nigerian VP visits Farmcrowdy

Lagos (Nigeria), April 2018.

Earlier this month, His Excellency, The Vice President of Nigeria Prof. Oluyemi Osinbajo SAN, visited Farmcrowdy at their Office in Lekki, Lagos as a part of his tour to Start-ups and Tech Hubs across Nigeria. Prof. Oluyemi Osinbajo SAN is a vocal advocate for technology and developing youth employment opportunities for the Nigeria’s more than 25 million young people. The Vice President is quite tech and media savvy, documenting his tour with the #VPTourOfTech hashtag. Prof. Osinbajo was accompanied by the Minister of Science and Technology Ogbonnaya Onu, Lagos State Commissioner of Science and Technology, Hakeem Fahm, and Commissioner for Commerce, Industry & Cooperatives, Yinka Saidat Oladunjoye on the tour.
The Vice President’s message on the to start-ups was “Technology is the future of Nigeria’s Economy, Commerce, and Industry.” At a stop on his tour to the Co-Creation Hub in Lagos, Prof Oluyemi Osinbajo SAN said “There is so much going on, so many young people, and so many creative ideas. It’s just incredible. And that tells you what the future is going to look like. Already, as we always say, the future is here. I have seen for myself the sheer creativity. Practically every type of enterprise has been disrupted by the technologies that we see. And a lot of the payment systems that we have been seeing, a lot of the technology companies that we see are doing incredible things.“ The Vice President announced the formation of  National Council on Technology as well as pledging Nigerian government support for tech hubs.

During his visit, His Excellency toured the Farmcrowdy offices and meeting the team.  The Vice President is not just a technology advocate, but also an active supportive and virtual farmer himself. During his visit, Farmcrowdy CEO Onyeka Akumah presented his excellency with a certificate of sponsorship for his 10 Maize farms on Farmcrowdy’s platform. Prof. Oluyemi Osinbajo SAN also mentioned using Farmcrowdy as an example of Nigerian Innovation at his recent lecture at the Harvard Business School. It was a very memorable experience for the Farmcrowdy team, who were very pleased to have the opportunity to share their business and their impact stories with Prof. Osinbajo.

GreenTec Capital is very proud of the attention Farmcrowdy has been receiving and it’s high-profile Farm sponsors. We are pleased to see the Nigerian Vice President pledge government support for technology and tech hubs in Nigeria and hope to see more innovative and impactful solutions.

Links

Other Posts

Powerstove opens new production facility in Kuje District, Nigeria

Frankfurt (Germany) and Abuja (Nigeria), October 2020. GreenTec is happy to report that Powerstove has opened a new production facility in the Kuje district in Abuja. The new facility will have a monthly production capacity of 25,000 units and expand the company’s market reach in Nigeria and Sub-Saharan Africa. The new factory and increased production…

read more

Coliba launches container-based collection kiosk in Cote D’Ivoire

Frankfurt (Germany) and Abidjan (Cote D’Ivoire), October 2020. GreenTec is very pleased to report that our Cote D’Ivoire-based portfolio company Coliba has deployed their first plastic collection kiosk in Abidjan. The container-based plastic collection point expands on the company’s current model of collection with agents. Coliba applies circular economy principles to the collection and recycling…

read more

WidEnergy receives investment from Shequity

Frankfurt (Germany), Zurich (Switzerland), and Lusaka (Zambia), September 2020. GreenTec Capital is very pleased to announce that Widenergy Africa received an investment from Shequity. Shequity is a newly launched investment vehicle that focuses on providing smart and sustainable investments for African female entrepreneurs and innovators. WidEnergy Africa as a Zambian woman-led business fits Shequity’s investment…

read more