How do you invest in farmers? Possibly, you visit them. For me, I use Zenvus. I give you money, install my Zenvus sensor and right anywhere on earth, I will see an update on what is happening on the farm. If you do well, and we break even, expect more support next year.
Zenvus is an intelligent solution for farms which uses proprietary electronic sensors to collect soil data like moisture, nutrients, pH, etc. It then sends the data to a cloud server via GSM, satellite or Wifi. Algorithms in the server analyze the data and advice farmers on farming processes. As the crops grow, the system deploys special cameras to build crop vegetative health index for detection of drought stress, pest and diseases. Our system has the capability to tell a farmer what, how, and when to farm. It has in-built GPS, compass and XL making it possible to map farm boundaries which could be useful during loan and insurance applications.
Yes, no briefcase farmer possible because I know how much fertilizer you added, and when you neglected to irrigate the farm even when the crops were begging for water. I have all the updates on what is happening on the farm including when it rained, etc.
I just checked for weekly state of the farms – all of them have my name because they are my farms. This is how the Central Bank of Nigeria should invest in farming: intelligently put money in farming and monitor them from CBN headquarters with local systems to support farmers. Yes, make decisions anchored on data.
Zenvus Smartfarm dashboard can enable you monitor farms, making it possible that you can be in U.S., UK, Lagos, etc and monitor what Jigawa, Kano, Abia, Osun, etc farmers are doing. #NigeriaThinkDifferent.
You want bags of onion? I can supply!
*I run many experimental farms across Nigeria as part of my Zenvus business.
1. Register for Tekedia Mini-MBA here (Aug 10 - Dec 3). Four months, online, and costs $140 or N50,000 naira. We also have Certificate courses on logistics, startups, career dev, etc.
2. Read my new book, The Dangote System: Techniques for Building Conglomerates.