Why are you participating for Based Africa?

The motivation behind Agro Vest is the desire to create sustainable agricultural communities in Africa. Farmers in Africa face many challenges such as lack or access to capital, market inefficiencies, and limited opportunities for growth. Agro Vest addresses these issues by providing a platform where farmers can showcase their products, attract investment, sell directly to consumers, and build long-term partnerships with backers who are genuinely interested in the success of farmers.

What challenges are you focusing on?

1. Access to investment capital.
   Many farmers, especially smallholders, lack access to credit and loans needed to invest in better seeds, fertilizers, equipment, and technologies. When they finally gain access to these loans they have to pay a high interest rate, or the collateral is too small for the loan.

2. Lack of market access.
   Farmers struggle to find markets for their produce and often depend on middlemen, who take a significant share of the profits.

3. Lack of Extension Services and Education.
   Farmers often lack access to agricultural extension services that provide advice on best farming practices, pest management, and crop rotation. Without adequate training and support, farmers struggle to improve productivity and adopt modern practices.

How does your submission address this challenge?

1. Acess to investment capital.
   Our submission is a RWA tokenization platform, we tokenized farms and this enables the farm to be onchain and trackable. With this investors on the platform can look at farms that interest them and invest directly to the farmer, this way farmers gain access to capital to boost their farms.

2. Lack of market access
   Our submission has a marketplace where farmers can sell their product directly to consumers, this is going to eliminate middlemen, and also help farmers with sales of their products.

3. Lack of extension service and education
   Our product is going to be backed by a DAO, and a community that is going to provide training on best practices, ideas, and cost-effective ways to boost farming.

Additional Features

Onchain KIt and Smart Wallet