Agriculture

Winich Farms in Revolutionizing AGTECH in Africa

Published

2 years ago

June 10, 2024

Joel Ajayi

Highlighting the role of technology and data in transforming the agricultural sector for a sustainable future at GITEX AFRICA 2024

WINICH FARMS is thrilled to announce its participation for the second time in a row in Africa’s largest Tech and startup event; GITEX AFRICA 2024 (https://GITEXAfrica.com) where we showcased our innovation in revolutionizing AGTECH Supply Chain in Nigeria and Africa.

GITEX AFRICA 2024 is a platform for industry peers to connect, collaborate and exchange ideas that will boost the technological advancement in Africa. WINICH farms will be supporting this by leading a conversation on Traceability and Agro supply chain efficiency of the future.

Founded in 2020 by Riches Attai (LinkedIn) (https://apo-opa.co/4ee89LA), Chichebem Jibunoh (LinkedIn) (https://apo-opa.co/4ejCZSX), and Winner Attai (LinkedIn) (https://apo-opa.co/45pMn3t), Winich Farms is an agritech platform specifically designed to tackle the pain points plaguing Nigeria’s agricultural sector. It operates on two key pillars, namely providing farmers with better market access and financial empowerment, and thus successfully operating at the intersection of agritech, embedded finance, and financial inclusion. Through a digital marketplace, Winich Farms connects farmers directly with off-takers like factories and retailers, effectively cutting out the middleman to ensure farmers receive a significantly fairer share for their produce.

The product tackles a problem facing most of the African continent. Nigeria alone is home to 38 million smallholder farmers – making up about 20% of the population – who collectively produce 90% of the country’s food. Some 72% of these farmers live below the poverty line, due to poor access to market information and credit facilities, as well as the high cost of farm input.

Today, Winich Farms has over 80,000 users on its platform spanning smallholder farmers, agents, truck drivers, and off-takers. The platform is active in 25 Nigerian states and moved almost USD 30 million worth of produce last year. In a 2023 survey of 5,000 registered farmers on the Winich Farms platform, 93% of the farmers said that it has increased by over 50%. Some 65% of them said that Winich has made them more climate-resilient.

Come explore our solution and discuss the future of AGTECH in Africa. join us to make food move seamlessly from farm to fork. Feed Africa, with WINICH.

#Agriculture #Technology #Agtech #data #feedAfrica #GITEXAFRICA2024

Winich Farms in Revolutionizing AGTECH in Africa

Highlighting the role of technology and data in transforming the agricultural sector for a sustainable future at GITEX AFRICA 2024

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Agriculture

PULA, Leadway Assurance Disburse ₦396 Million to Climate-Affected Farmers, Strengthen Food Security Efforts

Published

3 weeks ago

April 24, 2026

The Gleamer

In a major intervention to shield smallholder farmers from climate shocks, agri-insurtech firm PULA has spearheaded the disbursement of ₦396,697,672 in insurance claims to over 40,000 farmers impacted during the 2025 wet season.

The payout, executed in partnership with Leadway Assurance and supported by the Presidential Food Systems Coordinating Unit (PFSCU), covered farmers across Taraba, Borno, Kaduna, and Plateau States who suffered climate-related losses.

The initiative was made possible in part by Bayer Foundation, whose $450,000 premium subsidy support in 2025 wet season helped lower the cost of insurance for thousands of vulnerable smallholders in 8 states, with 4 states receiving payouts. The Foundation is set to scale up its contribution to match the growing aspirations of state governments.

Speaking at the cheque presentation ceremony in Abuja during the 2025 Wet Season Insurance Claims Payout under the National Agribusiness Planning Mechanism (NAPM), PULA’s Nigeria Country Director, Dr. Michael Enahoro, said the initiative goes beyond compensation, insisting that it’s about securing Nigeria’s food systems.

“Our focus is not just on payouts but on increasing food production. We must continue to support farmers who work tirelessly under harsh conditions to feed the nation,” Dr. Enahoro said. He called for stronger policies that directly impact farmers and reaffirmed PULA’s commitment to expanding agricultural insurance as a tool for resilience.

PULA’s data-driven approach to climate risk was key to identifying affected farmers and triggering payments. The company worked with Leadway Assurance to underwrite the risk, while PFSCU aligned the program with the national food security agenda. State governments also supported grassroots enrollment.

Gboyega Lesi, MD/CEO of Leadway Assurance, described the payout as “a reinforcement of a safety net that protects the hard work of thousands of farmers,” adding that “through climate insurance, we ensure that a bad season does not translate into total loss of livelihood.” He commended PULA’s technology and field structure for making rapid, transparent payouts possible.

Ayoola Fatona, Global Head of Agric Solutions at Leadway Assurance, noted that the 2025 wet season brought significant climate variability and yield fluctuations. “The true value of insurance lies in claims payment, especially in challenging periods. Our data-driven partnership with PULA helped mitigate losses,” he said.

Looking ahead, PULA and Leadway Assurance plan to scale coverage to 73,000 farmers in the 2026 farming season, deepening penetration of climate insurance across Nigeria’s food-producing belts.

Commissioners from the beneficiary states commended PULA and Leadway Assurance for de-risking agriculture, restoring farmers’ confidence, and building a more resilient agricultural sector

State-by-state breakdown of claims facilitated by PULA: