November 30, 2022

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Microsoft, Sterling Financial institution, others set for Nigeria’s Agro Digital platforms

Lagos state Governor, Mr. Babatunde Raji Fashola, and President of Microsoft Worldwide, Jean–Philippe Courtois, signal the settlement at Microsoft Company headquarters in the USA of America

In what seems to be yet one more milestone within the agricultural sector, the tech large, Microsoft, in collaboration with Sterling Financial institution, NITDA and TedPrime Hub has introduced three agro-digital options as winners on the simply concluded Microsoft Agro-Tech Hackathon.

The grand finale, which was held at Microsoft Africa Transformation Workplace, Lagos Nigeria featured 10 options by the Nigerian youths from Abuja FCT, Benue, Enugu, Jos, Kaduna, Lagos, Ogun, Osun, Oyo and Sokoto.

The successful digital options: Promote Harvest,  Farmsquare and Farmers’ Market have been introduced as first (with N2.5M), second with (N1.5M) and third place with (1 Million Naira) respectively by Sterling Financial institution after rigorous pitch rounds and product testing critiques by season consultants and unbiased jury drawn from Agriculture, Know-how, Entrepreneurship, Analysis and Improvement sectors.

The Nationwide Hackathon which commenced on March 2022 with the last word aim of designing digital options that bolster worth chain in agriculture and join 1000’s of farmers to end-product customers collectively for the following decade was designed by Microsoft in partnership with Sterling Financial institution and NITDA.

Talking on the opening session, the Microsoft Nation Supervisor Nigeria and Ghana; Olatomiwa Williams in her Keynote reiterated the place of Microsoft in harnessing the potentials of African youths to assist the continent by elevating over 40,000 residence grown Begin-ups in essential sectors as envisioned by Microsoft Africa Transformation Workplace. “It’s Microsoft’s pleasure to onboard these inventive youths as finalists at this event into the unique Microsoft International Entrepreneurship Program.

The Group Head, Agric & Stable Minerals Finance of Sterling Financial institution PLC, Dr. Olushola Obikanye in his presentation expressed his delight on the brand new milestone within the Nigeria’s agricultural sector by means of a strong digital transformation framework as one of many 5 pillars of Sterling Financial institution’s method to Nationwide Improvement exterior its core banking companies. 

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