- Tingo is an Africa-focused agri-fintech company, which seeks to empower rural farming communities through the introduction of innovative farming solutions
- In addition to driving shareholder returns, the company has also sought to empower societies and produce social upliftment in rural communities in which it is active
- The company has adopted 5 core sustainable development goals – food security, poverty alleviation, financial inclusion, employment opportunities, & gender equality
By the end of the first quarter of 2021, assets under management held within ESG (Environment, Social, Governance) focused funds around the world had ballooned to $1.984 trillion, driven by a global drive towards increased sustainability and rising social awareness. Soaring investor demand for assets aligning with their social and ethical concerns have turbo-charged inflows towards sustainable investments; in fact, a study found that 89 cents of every dollar invested within active funds in July 2021 was directed towards ESG-focused funds. Tingo (OTCQB: IWBB), a digital service agri-fintech technology company focused on foundation-level agriculture and related financial services in Africa, has made it its mission to both, support the domestic economies of its host countries and support technological and ﬁnancial inclusion to reduce poverty levels. Thus, and through its unique business model, Tingo hopes to deliver attractive returns to shareholders while simultaneously, investing in the long-term future of the company and its subsidiaries.
Tingo Inc aims to be Africa’s leading agri-fintech player, with a multi-pronged strategy which seeks to provide a roadmap through which to address several key areas of social concern within the African continent. As such, the company has sought to adopt five core sustainable development goals as…
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