An agricultural fintech company, Tingo Inc has started operations in Ghana.
The company’s leadership has begun a soft launch of its first local branch in the national capital, Accra.
The launch of Tingo Mobile Ghana took place at their new office in East Legon on Wednesday, November 9.
The event saw a gathering of executives, stakeholders, some farmers and a section of the media.
President of Tingo Inc, Dr. Chris Cleverly explains how prepared his team is to provide a comprehensive platform service via smartphones (using GSM technology).
This will enable a marketplace to enable subscribers/farmers within and outside the agricultural sector to manage their commercial activities to grow and sell their produce to market participants both domestically and internationally.
According to Dr. Cleverly, “Fintech companies that create efficiencies in the way we assemble our trees and our plants and our crops… That’s the way forward to connect our technology and agriculture in a seamless partnership”
He added that the company sees farmers as “the hero of our story”.
“You protect the farmer, the farmer protects you. Food security is national security, national security is international security,” he said.
Tingo Inc aims to be Africa’s leading Agri-Fintech company transforming rural farming communities to connect through its proprietary platform to meet their complete needs from inputs, agronomy, off-take and marketplace that delivers sustainable income in an impactful manner.
Director of Partnership and Membership at the Chamber of Agribusiness Ghana, Christian Mensah Sewordor, also graced the occasion.
He was enthusiastic about Tingo Inc’s decision to settle in Ghana and urged them to act on their commitment to meet the needs of rural farmers to get maximum returns from their inputs.
“Tingo Mobile says they are here to give us the technology, they are here to give us the money… what we need now is for you to partner with us in terms of equity so that we can enter into a serious commercial agriculture can go because the countries have there we have the work, but we do not have the means to buy the seeds, the inputs, the tractors and the threshers,” he added.
The Chief of Staff of Tingo Inc, Rory Bowen announced some of the company’s feats elsewhere in Africa saying that “we are supporting 10 million farmers [in Nigeria] with access to technology and marketplace with a focus on social upliftment, financial inclusion and wealth creation.
Mr. Bowen added, “we are excited to launch the same product in Ghana and we look forward to a very exciting few years ahead building a business here.”
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