Farmcrowdy Scoops Digital Business of the Year Award at the Global African Business Awards

Farmcrowdy, a Nigerian AgroTech startup, has won a significant recognition for its work. The company has emerged winner of the Digital Business Of The Year Award at the recently held Global African Business Award ceremony. It took place on July 13 at the Radisson Blu Hotel in Addis Ababa in Ethiopia.

All the way from Ethiopia, Addis Ababa, we bagged the award for the ‘Digital Business of the Year 2018’ at the Global African Awards. Thank you to everyone who voted for us and congratulations to an awesome team. #TeamFarmcrowdy pic.twitter.com/DxnbgnV8jz

— Farmcrowdy (@farmcrowdy) July 13, 2018

The Global African Business Awards (GABA) is an annual business award. The award celebrates, honors and generates public recognition for achievements and contributions of organizations and professionals in the continent of Africa.

The award gets a lot of attention from media organizations and is reportedly graced by over 1.200 guests.

Today is historical as the #GlobalAfricanConference and #GlobalAfricanBusinessAwards is launched in #Ethiopia #Africa . Supporting and Celebrating #Africa's most successful #Entrepreneurs

— Global African Business Awards (@GABAOnline) July 13, 2018

This year, African entrepreneurs and companies were honoured in about 21 categories. These include Tech Startup company of the Year, African Entrepreneur of the Year, Best Young Entrepreneur, Employer of the Year, among many others.

ANNOUNCEMENT:

We would like to congratulate @palse_sa designer, @PalediSegapo for winning the Global African Business Awards for Best Fashion Brand. These awards were held this past weekend in Ethiopia. #ClientsOfASC #ASC10 pic.twitter.com/eH9lCrq2nA

— AFRICAN STAR (@AfricanStar08) July 16, 2018

This is how you win the Best Tv Channel at the Global Business African Awards! #wedidit @kanatelevision #bestTvchannel #ethiopia #africa pic.twitter.com/A5dYDSUhxn

— Mehret Mandefro (@DrMehret) July 13, 2018

The category of the best digital company was tightly contested; it had little-known names such as We Farm, Delvv.io, Giraffe, as well as, Mall For Africa, FarmCrowdy, Top scan, Dressmeoutlet, and Zando. Other nominees included popular brands such as Jumia, Interswitch, Dealday, and Konga.

However, it was the AgroTech startup that got the award.

In a press release, the company said: “We are so excited about bagging this award,” and thanked its team and those who voted to see it win.

Farmcrowdy Win: A Huge Boost to Social Enterprise Startups

Interestingly, this award is a big support for the agricultural and social enterprise start-ups in Africa. Previously, such awards would have gone to the big players in tech such as Jumia and Konga, or even Interswitch. They are large, possess growth potentials, and have a lot of media spotlight. Plus, they are already very profitable, with their business models well-defined.

However, it was Farmcrowdy, a social enterprise startup providing local farmers with both investors and access to new markets, that got the honours instead.

Social enterprise startup like Farmcrowdy are on a different level; they develop solutions to important problems and still develop business models that keep them sustainable. This award only goes to show how much spotlight enterprise startups have begun to garner.

From Technext, we say congratulations to you Farmcrowdy on your award.