Tuesday, July 22, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Agritech

TonnUp, a South African agritech company, has launched an online trading platform

Tech Gist Africa by Tech Gist Africa
04/11/2021
in Agritech, Made In Africa, News, News - South Africa, Startups, Videos
0 0
0
agriculture digital technology agritech africa news

agriculture digital technology agritech africa news

0
SHARES
Share on FacebookShare on Twitter

TonnUp, a South African agri-tech company, has launched an online trading platform aimed at shaking up the local commodities market by assisting farmers in marketing and selling their agricultural products in an organized and transparent manner.

The newly launched and innovative platform, which was launched in the fourth quarter of 2020, aims to enable farmers to control the pricing, marketing, and distribution of their commodities.

The platform has been designed to help local farmers and buyers, according to Stephen Krüger, the director of TonnUp and a maize producer based in Viljoenskroon.

The platform aims to enable South African farmers to take charge of their own commodity pricing, marketing, and distribution at a fraction of the cost of current structures. According to Krüger, it will put buyers and sellers together in a way that allows farmers to get the most value for their goods, buyers to make more informed purchasing decisions, and the market to be more open and effective.

“The current grain demand in South Africa is between 14 and 16 million tons, with less than a quarter of that traded in a structured market. This means that up to 75% of the grain crop could be exchanged on a regulated exchange, with complete pricing and position transparency.

“Our value proposition is to put buyers and sellers together to build a spot market where everyone gets a fair deal,” Krüger adds.

When compared to other existing mechanisms available to local farmers, TonnUp claims that its one-stop platform is cost-effective.

The following are some of the platform’s advantages:

  • Listed farmers receive the highest possible price for their produce.
  • Buyers are able to make more informed decisions.
  • Promotes a market that is both open and efficient.

Customers can only trade from pre-funded accounts on the platform to ensure financial protection for all parties involved in the transaction.

Customers’ funds are held separate from operational accounts in segregated accounts.

The platform will initially concentrate on grain, but the agritech company expects to grow into a variety of other commodities, including oil cake, fertilizer, soya, and sorghum.

 

Video Source: Tonnup Youtube

Read More on Tech Gist Africa:

Farmhut, a Zimbabwean agri-tech startup, has been awarded a $100,000 grant from Hult Prize

Complete Farmer, a Ghanaian digital farming platform, has raised funding from Ingressive Capital also launches a new end-to-end platform to digitize Africa’s agriculture value chains

South African agritech startup, Skudu, raises funding from tech investor, AgVentures.

 

 

 

 

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

telecommunications
Mobile networks

Cameroon Fines MTN and Orange $4.6 Million for Poor Service Delivery

by Tech Gist Africa
07/11/2025
0

Cameroon’s telecom regulator has issued fines totaling approximately 2.6 billion CFA francs (around US $4.6 million) to MTN Cameroon and Orange...

Read more
Cerebrium South Africa

Cerebrium, a South African AI startup raises $8.5 million seed funding

07/11/2025
Aria Ventures Egypt

Aria Ventures Launches $1 Million Fund to Boost Deep‑Tech Investment in Egypt

07/10/2025
BuuPass QuickBus Kenya

BuuPass, a Kenyan mobility startup has secured strategic funding from Yango Ventures

07/10/2025
Complete Farmer Ghana

Complete Farmer, a Ghana-based agritech company Raises $2.5 Million

07/09/2025
Next Post
Central Bank of Nigeria

Fintechs and non-bank financial institutions are reportedly barred from using BVN validation for KYC by the Central bank of Nigeria

Alibaba’s Jack Ma

Alibaba is fined $2.8 billion by China after anti-monopoly investigation

Las Vegas Boring tunnel

First Look Inside Elon Musk's Las Vegas Underground Transportation System

No Result
View All Result

The Big 5

Africa Tech

Tech Diplomacy: How Africa is Leveraging Technology for International Relations and Development

by Tech Gist Africa
07/21/2025
0

...

Media and Entertainment

How African Technology is Changing the Face of Media, Entertainment, and Digital Content

by Tech Gist Africa
07/14/2025
0

...

Ecobank

Ecobank, Google Partner to Boost Financial Inclusion and Innovation Across Africa

by Tech Gist Africa
07/08/2025
0

...

AWIEF

AWIEF 2025 Awards Nominations Now Open to Celebrate Africa’s Top Women Entrepreneurs

by Tech Gist Africa
07/08/2025
0

...

Google for Startups Accelerator Africa

15 African AI startups Selected for Google for Startups Accelerator Africa

by Tech Gist Africa
07/08/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.