Monday, October 27, 2014

Nigerians Launch World First Agric e-Commerce Website

"FarmBaskit" is a Nigerian brand owned by a group of four young fresh graduates; Alabi Olayinka, Dada Stephen, Agubaohia Henry and Adeyemo Adeola. It is an agro distribution company started in 2014 with the aim of developing the capacity of food distribution channel in Nigeria and Africa, revolutionize agriculture by blending the process with technology and modern mechanism, and also create more jobs by encouraging young people to go into farming in a more dynamic way. The four friends who met on Dada Stephen's CEOS HUB, came together to brainstorm on how to get people to eat fresh foods from the farm which will enable better health condition and lifestyle of people in a way that will be unique and outstanding. This was how the idea of the incorporation of FarmBaskit Limited as a duly registered company which would have the legal right to operate in Nigeria came to life. The team immediately discovered a wide gap between the lifestyle of poor farmers and the rich market retailers, this motivated the company to come up with a strategy to enrich the farmers and make life easier for them. Before now, farmers in remote rural areas always succumb to the challenge of bad road networks which makes it difficult for them to convey their harvests to the market. This gave room for exploitation from people who have access to the developed world, hence having to buy from them at ridiculous prices and sell at exorbitant rates in the cities. The FarmBaskit team came up with www.farmbaskit.com as the world's first "strictly agricultural eCommerce website" where people can order for fresh farm products from the comfort of their homes and it gets delivered to their doorstep. FarmBaskit hopes to be a house hold brand, not only in Nigeria but in the entire continent of Africa. The coy is currently recording a daily growth in capital and local sales.