Agriculture

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Succjay
Digital Agriculture Investment Platforms/options In Nigeria
~3.2 mins read

Agriculture has undergone a series of revolutions that have driven efficiency, yield and profitability to levels previously unattainable. This has included the introduction and implementation of mechanization between 1900 and 1930; the green revolution of the 1960s that saw the development of new, more resistant crop varieties and the use of agro-chemicals; and the rise in genetic modification from 1990 to 2005.
However, the rise of digital agriculture could be the most transformative and disruptive of all of these. Digital agriculture will not only change how farmers farm but will fundamentally transform every part of the agri-business value chain.
A lot of people have been asking for some time what Digital Farm are all about and where they could buy and invest in it
This thread is dedicated for all issues related to Digital Agric Fam, their going rates, when Auctions are due and why they should be bought,
I am not a Finance person, am just an Investor, so I might not be the best person to answer questions on this as they come, But am sure we have a lot of financial gurus with CFAs in this Forum and all our questions would be answered,
Lets discuss.
Modified
With the new input of information here, I believe all here sponsoring new farms to be added to the list should kindly add pictures as proofs backing their proposal.
MummyIMadeIt
NOTE * stands for new/latest changes
Updated List of agrictech used by Nairalander and their ratings.
List of those doing well without issues for the now includes, but not limited to the following below:
1. Agro partnerships
2. Agrorite
3. Agrilet
4. Bazuze
5. Crowdyvest
6. Ezfarming
7. Farmcenta
8. Farmfunded
9. Farmsponsor
10.Farm360
11.Letsfarm
12.Westagro
13. Farmbuddy
14. *Payfarmer*
List of New performing farms under Observation for now includes:
1. Groupfarma
2. ZoinVestng
3. Goldvest
4. Foxygreen
5. Kenfarms & Agrovet
6. GreenEaglesBuisness
7. Shopagric
8. Farmnow
9. Farm4me
10. Farmkonnect
11. RequidJV
12 Abadini
13. Green fold
14. Farmtrove
15. ClickfarmsNg
16. DivaRice
17. Eatrich
List of those with issues for now includes:
1. Thriveagric (delayed payment+ROI for months)
2. Farmfundsafrica (defaulted in paying referrals)
3. Goatmeathq (defaulted in paying referrals)
4. Emeraldfarms (defaulted in paying referrals)
5. Agrecourse (delayed payment+ROI for weeks)x2
6. Farmkart (delayed payment+ROI for months)
7. Iscom farms (deferred payments by months)
8. HOCorn (extended farming cycle)
9. Agropark (deferred payments for months)
List of those under critical watchlist includes:
1. Winichfarms (Suspected scam)
2. Efarms (Suspected scam)
3. Menorahfarms (Suspected scam)
4. Diaryfarms (suspected scam)
5. Tusherfarms (suspected scam)
6. Farminvest (suspected scam)
7. AgriBuisnessCapital (suspected scam tech by Menorah Farms)
8 Housefood.Africa ( suspected scam tech by MadakiAgro)
List of those declared serial defaulters aka MMM Ponzi scheme:
1. Growcrops online (serial defaulters)
2. Grandeur solicitors (serial defaulters)
3. Abiyamofarm (serial defaulters)
4. MadakiAgro (serial defaulters)
Cavet Emptor:
This is solely based on recent performances as attested to by Nairalanders and by no means a go ahead order/permit to invest with any of the above agrictech firms, hence further investigation should be carried out by the investor until convinced otherwise.
Yours humble Investor
Thanks
"Agrictech is a high risk investment and investors may lose all or some of their funds when they participate."
Some may think this sounds harsh, but I don't agree. I think the point is missing that even those performing well today may fail tomorrow. These companies say as much in their terms, that the investment itself is "high-risk" and they are under no obligation to pay investors.
Don't let's ever make the mistake of communicating the feeling that these investments are safe, because honestly they are not. This is made even worse by the fact that investors don't actually own the farms, i.e. they own no assets when they make these investments.
As a result, all cards still lie with the firms themselves. I foresee more people losing money in the future, and that's only going to be with the firms supposedly performing well now, not with the ones that have had issues, cos nobody will invest in those ones anyways. This is just my take. Investors need to be better educated -binghamm
#copied
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Faithy301
How To Invest In Agriculture
~2.2 mins read
Agriculture is one of sectors of our economy and it is important to the nation's development.
However there is a rise in investment in the agricultural sector by private individuals this is because it is a booming source of income. you can also join the wave and become an investor in the agricultural sector and they are several ways to do that.

Investing in the Agricultural sector is not as hard as it seems and with proper dedication you can make it in the Agricultural sector.

Start small: you can start in your backyard, it does not have to be a big farmland. They are people willing to do the planting and get paid for it, so you don't have to do all the work. Plants like maize, planaltain, beans can yeild a lot of return, you would be surprised at how much you would sell a bag of one of these. These plants especially maize takes approximately six months or five months to grow and they can yeild a lot of returns.


Invest in Poultry: Poultry is one of the hottest sector in Agriculture this is because of the high demand in chicken and eggs, you only need an experienced poultry farmer to show you how to go about it. you don't need a big place to start poultry. Just building a house for them in the corner of your house will suffice. Poultry is a good investment and you would be grateful for it.

Fish farming: 
Fish farming is another profitable enterprise and it does not need too much capital, getting lessons from an expert would be enough to help you get started.

Processed Foods: Investing in Agriculture does not have to be only raw foods, you can consider processed foods like milk but you need a lot of planning and machines. you can but milk in its raw form from cattle rearers and process them into milk, yoghurt etc.

Investing in Agriculture doesn't have to be hard they are some red flags anyway when investing in Agriculture.

Avoid investing in foods that doesn't sell fast.

Observe the food in season when investing: they are foods that sell fast at a particular time like Rams sell fast during sallah period.

Consider the location when investing: They are foods that sell very well in a particulat location, like Amala is very common in the west so you can consider farming cassava. Consider the crops that grow well in a particular location, some crops grow in riverine areas and others do not so the location is important.

Know the market very well and what people are interested In: This would help in knowing the type of plants to invest in and would help in preventing mistakes.

Investing in Agriculture is not always hard but if you are interested with a lot of research and determination it can be easy.

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Ngetichkyp
How To Plan Veggies On Banana Stem
~4.3 mins read
Agriculture is undoubtedly one of the most informal activities that can generate you higher incomes when you fully commit yourself.
In the current world where majority suffer due to unemployment, agriculture remains to be the only option to escape the poverty circle.
In this article, am going to share with you organic agricultural practices that can generate you higher returns when you are determined.
This Farming solution will enable you to grow food for communities or your family and you won't always need expensive soil or large trucks of land in order to grow. You can sustain yourself with the things you already have. It is best practice for short-rooted plants e.g. kale, spinach etc.
Organic farming is gaining ground every day.Farmers have come up with innovative ideas, that can help empower both the rural and urban agricultural development activities.
By using the banana tree trunks for purposes of growing short root crops like kales, spinach etc, it has become easier for majority to yield huge out of the practice.
Using banana tree trunks for the purpose of growing veggies is very economical even when the dry season is on. This is because banana stems have been known for a long period of time, for having a good water retention capacity. As a result a few farmers have gone ahead to use this system for planting short root crops.
How to do you plant the Veggies on the stem?
The practice is not a rocket science, in fact it's one of the easiest, all you need to do is to have the banana stems, after that you will be required to add some little soil on the stem.
To add the soil on the stems, you need to make a hole, these holes can be made using a knife or sharp objects, once you've made the holes, you can therefore add a handful soil onto the holes.
Once the holes are filled with soil, you are ready to resume your normal planting process. You therefore need to transfer your veggies from the seed bed and transplant them in the holes.
This practice will yield you more returns weekly because it will minimize your irrigation expenses due to the fact that banana trunks hold so much water that can sustain your veggies even during the dry seasons.
Therefore if you have close to 100 banana stems, each stem would accommodate you between 10-15 veggies that being a total of between 1000-1500 veggies. If you harvest these veggies twice weekly, you are likely to pocket huge cash!
The current demographic world is undoubtedly becoming increasingly harder to practice agriculture in the large scale, therefore venturing in the organic farming will require less space which will guarantee you higher returns that you'll never expect.
It's high time you try this practice.. Don't wait, focus!
If you have any further clarification, kindly let me know in the comments section to guide you further. Remember to share this article with your friends..
Thanks!

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