In a major step toward cross-continental investment collaboration, DisrupTech Ventures, a leading Egyptian early-stage fintech fund, has made its first investment in Sub-Saharan Africa by backing Winich Farms, a Nigerian agri-fintech startup. The funding is part of Winich’s pre-Series A round, and it marks a significant milestone in both companies’ regional growth ambitions.
Empowering Nigeria’s Smallholder Farmers Through Agri-Fintech
Winich Farms, headquartered in Lagos, is rapidly addressing some of the most entrenched problems in Nigeria’s agricultural landscape. Despite agriculture contributing about 21% of Nigeria’s GDP and employing millions, 80% of farmers, who are smallholders, still face exclusion from formal markets and financial systems. Winich is working to solve these twin issues access to market and access to finance with an integrated digital platform that has already reached over 180,000 farmers across 29 states. By digitizing the agricultural value chain, Winich is enabling smallholder farmers to connect directly with off-takers such as processors and retailers eliminating multiple layers of intermediaries that traditionally reduce farmer profits. Its logistics framework, supported by a network of agent-based collection points, allows for seamless aggregation of produce without the need to own physical infrastructure.
Driving Financial Inclusion with Tech-Enabled Solutions
One of Winich Farms’ standout innovations is its Winich Card, which enables digital payments and creates a trackable financial history for farmers. This move away from cash not only enhances transparency but also positions farmers to qualify for future credit opportunities. Additionally, Winich partners with the Kebbi Agricultural Research Development Agency (KARDA) to offer agronomic advisory services and extend direct credit to farmers, helping them scale operations and improve yields. This technology-driven approach positions Winich as a comprehensive post-harvest solution, one that integrates market access, financial inclusion, and productivity support all through a single platform.
Investor Confidence in Scalable AgriTech Solutions
For DisrupTech Ventures, the decision to back Winich reflects a growing recognition of Africa’s fintech and agri-tech convergence. Speaking on the deal, Mohamed Okasha, Managing Partner at DisrupTech Ventures, noted:
“Our investment in Winich reflects our conviction in the potential of Nigeria’s agri-fintech sector and the scalability of its model. Agriculture is also core to Egypt’s economy, and we look forward to cross-market collaboration as Winich grows across the continent.”
Winich CEO and Co-founder Attai Riches echoed this sentiment:
“We are excited to welcome DisrupTech on board. Their experience in early-stage fintechs will be key as we empower more farmers and explore new markets. Together, we aim to build a more inclusive and efficient agricultural value chain.”
Future Growth Across Africa and MENA
With its roots firmly planted in Nigeria and robust traction to build upon, Winich Farms plans to scale into new African markets and establish export channels into the Middle East and North Africa (MENA). As demand for tech-enabled, traceable, and secure food systems grows globally, Winich is uniquely positioned to lead the next wave of post-harvest agri-fintech innovation across the continent.
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