Nigerian based startup has launched an Agritech platform, Agrilet on the Friday the 1st of March 2019. Agrilet is a platform that gives farmers access to a larger market and machineries which will yield improved farm inputs. It also give micro funders an impressive return-on-investment which will help their dreams come alive through an increased source of income.
Agrilet is depending on the fact that Nigeria is an untapped potential agricultural powerhouse that houses a population of 180 million that is being estimated to grow to 470 million by 2050.
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Agrilet intends to be ahead of its competitors by providing a dedicated personal assistant for investors, farm assistants for farmers and also providing farmers with better market information and truck delivery service.
The platform was founded by brothers, Victor Yunusa (CEO) and David Yunusa (COO) on May 2018, and launched March 1, 2019. They target the $24.7 billion market in Africa, with Nigeria as its point of entry. Farmers across Nigeria struggle to- increase yield, produce, deliver to the market on time, and to secure a fair price for their produce. This is what Agrilet intends to solve through its platform. A place for micro funders to invest in farms and food-processing related projects.
