Zenvus, the agtech pioneer in Nigeria, will represent Nigeria in the Future Agro Challenge Global Championships taking place in Johannesburg, South Africa from March 12-15, 2017. The event will hold during the Global Entrepreneurship Congress.
Future Agro Challenge (FAC) is the largest global competition that discovers innovative fundable food, agtech, and agriculture ventures from various corners of the globe addressing national, regional and global challenges. FAC provides key tools and opportunities to help them grow their business and expand them into new markets. FAC is working to make a difference on a global level by increasing interaction among agro innovators, entrepreneurs and stakeholders, by addressing national policies and challenges.
The FAC team has promised to make a formal press release with all the finalists and their countries, according to a Facebook post entry
accompanying the preliminary communication: “Dear All! A formal update will be sent next week! We will be in touch with each person that applied. There will be information coming your way to share with media”.
Zenvus is an intelligent solution for farms that uses proprietary electronic sensors to collect soil data like moisture, nutrients, temperature, pH etc. It subsequently sends the data to a cloud server via GSM, satellite or Wifi. Algorithms in the server analyze the data and advise farmers on what, how and when to farm. As the crops grow, the system deploys hyper- spectral cameras to build crop normalized difference vegetative index which is helpful in detecting drought stress, pests and diseases on crops. The data generated is aggregated, anonymized and made available via subscription for agro-lending, agro-insurance, commodity trading to banks, insurers and investors. Zenvus also has a mapping feature which can help a farmer map the farm boundary with ease.