- Agriculture has massive social and economic impact in Africa: it generates up to 40% of GDP, provides livelihood for 70% of the continent’s population; expected to reach $1 trillion in value by 2030
- Still, the sector suffers from considerable inefficiencies hindering growth: low productivity, fragmented supply chains, and excessive post-harvest losses
- Tingo aims to solve these challenges for Africa’s key industry: NWASSA platform streamlines agribusiness supply chains by connecting actors in one digital marketplace, intends to provide direct connection to company’s SuperApp that offers mobile wallet
Tingo (OTCQB: IWBB), a digital service agri-fintech technology company focused on providing financial services to agriculture in Africa, appears committed to tackling some of the biggest social and economic challenges the continent faces today through its innovative technology that can uplift rural communities and open international opportunities.
The importance of agriculture for the African continent cannot be overstated. It generates 20-40% of Africa’s GDP and around 70% of the continent’s population is connected to agriculture. This means that more…
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