Top 10 Agritech Startup With High-Yield Agricultural Investments In 2020
Top 10 Agritech Startup With High-Yield Agricultural Investments In 2020
With the COVID-19 pandemic disrupting businesses in the world in 2020, agricultural businesses are now safer options for investors. There are a lot of agricultural investments that are far more easier and more profitable. With the new agricultural investments, the risks of exposure are eliminated, and even investors do not have to buy land, employ workers, or spend money on pest control and management.
Anything that has to do with agriculture always has great profits, because no matter what happens, people will always eat. Even if there is recession, food is a basic need for humans and they will always buy it. There are large business owners that have agricultural investments without even knowing where the land is or what goes on, on the farm. This is an indication that you don’t have to be the one to farm if you invest in agriculture. All they need is your money as capital, and you get your ROI at the end of the farming year, and some even pay monthly or quarterly.
There are agricultural investment companies that help you cultivate your farm till maturity, sell your produce for you, and send the returns to you. Technology has improved the way we live and do things, and it has impacted the agricultural business also. Agritech startups have reinvented the way farming is done, and hence, even as a very busy businessman, you can be a farmer- a digital one.
Below are 10 high-yield agricultural investments you should consider before 2020 ends.
- Farmsponsor
It is an agricultural firm run by Bill Kenneths and Akpa Chike. It focuses mainly on poultry farming and offers ROI of 15% on 12-week cycles. The firm takes advantage of technology to bridge the gap between investors and farmers. You can invest from one hundred thousand naira to as much as a million naira. It is an agri-tech firm that is involved in food production and promotes food security in Africa. To be an investor on Farmsponsor is easy, all you have to do is create an account on their website, select from the list of available investment and add your funds to your “vest bank wallet”.
The firm works in two ways- they empower local farmers to produce at more capacity, and also allows sponsors to invest and get returns of 15% on their investment. It is also a means of income, as you can earn as much as possible in a year just by investing.
- Requid
Requid is an agric investment founded by Felix Imafidon. The company won the maiden edition of the Nigerian Stock Exchange X-Kathon competition. The firm offers investors the option of selling at any time for investors who cannot wait till the end of their cycles. This means the investment is flexible that allows you do whatever you want to do with your investment. The investment cycles are always between 3 to 12 months. Requid is one of the few companies that has low capital investment. With as low five thousand naira, you’re open to different investment opportunities in rice, goat, pig, cashew nuts, yam, or poultry farms. The firm offers a 60% returns on investment annually.
- Groupfarma
This firm was founded by Niyi Oguntade. The farm investment focuses on vegetables, tubers, rice, and poultry farms. The investment has various returns on investment, and you can get an ROI between 20 and 28%, with a cycle of 6 months. You can invest with as little as fifty thousand naira per unit. Groupfarma partners with the Nigerian Agricultural Insurance Corporation, and has farms in different states like Ogun, Oyo, and Kaduna States. Groupfarma operates by providing sponsor for farmers to scale up their production, and offers ROI to sponsors as they grow their money. To get started on Groupfarma, create an account on their website, and select the type of farm you want to invest in. The firm farms for you and gives you updates on your farm(s) per time. And you get your returns at the end of the farming year.
Top 10 Agritech Startup With High-Yield Agricultural Investments In 2020
- Farmcrowdy
This is a household name in the agric investment world. It was co-founded by Akindele Phillips, Tope Omotolani, Onyeka Akumah, Christopher Abiodun, and Ifeanyi Anazodo.
Farmcrowdy connects smallholder farmers to DFIs provided by government agencies, access to market, and processed food.
Read Also: 7 Ways Fintech Initiatives are Changing Lives in Nigeria
- Thrive Agric
This agritech firm was co-founded by Ayodeji Arikawe and Uka Eje in 2016, and has since then grown to be one of the major farm investment company in Nigeria. It is an agricultural technology company that makes farming easy for farmers and provides opportunities for investors to earn money. Their mission is to build an Africa that can feed herself and the world at large. You can invest with as low as ten thousand naira to as much as eighty-five thousand naira, and an ROI between 12 and 20% based on your level of investment.
- Farmkart
It is an agric-tech company that support farmers and helps you invest in farming. Their aim is to increase local production while also optimizing financial performance of investors. Farmkart offers a number of investments on fish and poultry farming, and you can earn ROI of 30%. By investing in Farmkart, you’re helping to provide employment opportunities for local farmers, and also increasing the production of foods in the community.
- Payfarmer
It is a farm investment where investors can invest with as low as N50,000 and earn ROI of 20% for a farm cycle of 7 months. The farm is located in Epe, Lagos State. The company offers investment in catfish and pig farming. You can invest with any capital you have and expect a reasonable return based on the investment you’re involved in.
Top 10 Agritech Startup With High-Yield Agricultural Investments In 2020
- Farmfunded
This firm is majorly for investors who have funds to hold in for a long term. It focuses more on rice production, with the aim of increasing rice production capacity in Nigeria. This means all investments has to be held for at least 2 years, and you get 80% returns at the end. This is to ensure that there is a stable capital base to grow and expand the rice farm for 2 years. You can also invest in the procurement of rice milling machine, and the processing of paddy rice to premium rice. However, if you wish to cash out your profit before the end of the cycle, you can, but you cannot have access to the base capital. The farm is located in Kano state.
- EZ Farming
It is an agricultural investment platform that describes itself as a ‘modern agricultural investment company empowering generation Z to farm with ease.’ It is the first farm accelerator in Nigeria. The aim of the platform is to help young farmers meet investors who are willing to lay down capital for their farms. As an investor, you can earn up to 11 to 45% returns depending on the type of investment. The company is increasing its customer base since its invention in 2018.
- ChubiAgro
This is an agricultural investment platform that allows people to invest in agricultural produce as well as empowering young farmers to farm with ease. You can earn as much as 22% ROI on your investment in a cycle of farming, with N50,000.
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