CoAmana’s digital agricultural marketplace management and trade platform provides farmers and stakeholders in Nigeria’s the agri-value chain with essential digital tools. This platform improves agricultural productivity and helps farmers manage financial risks related to drought conditions, such as purchase drought-resistant seeds and access information on best practices and financial services.
CoAmana’s digital platform provides tools that support sales and procurement, facilitate price comparisons, enable digital payments, offer embedded financial services like digital credit and insurance and provide digital information, such as best practices and weather updates. CoAmana received a GSMA grant in November 2022 to enable 5,000 farmers to adopt best practices and for new users to use the Amana Market platform to explore information on adaptation to climate change and resilience, as well as access drought-resistant seeds and other outputs.
CoAmana is one of the start-ups supported by the GSMA Innovation Fund for Climate Resilience and Adaptation, which was launched in 2022. This initiative is funded by the UK Foreign, Commonwealth & Development Office (FCDO), the Swedish International Development Cooperation Agency (Sida) and is supported by the GSMA and its members.