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Cellulant Nigeria exports e-Wallet to Afghanistan

Cellulant Nigeria is collaborating with the Ministry of Agriculture Irrigation & Livestock in Afghanistan to commence the process of establishing a market-based input distribution technology.

The aim of this Cellulant’s, eWallet technology is to help boost Afghanistan’s Agricultural sector in general and bolster the country’s drive for self-sufficiency in wheat production.

Afghanistan will be the first country in Asia to adopt this eWallet System following the footprints of other countries like; Liberia and Togo.

Commenting on the partnership with the Afghanistan government, Mr. Bolaji Akinboro, the co- founder of Cellulant Corporation, stated that the technology whose origin is Nigeria is the gift of Cellulant to humanity.

‘‘Afghanistan is beautiful to us, we are glad to come all the way from Africa-Nigeria to make life better for the small holder farmer in Afghanistan,’’ Akinboro said.

The Agrikore technology gives small holder farmers access to agricultural inputs of improved varieties/breeds, fertilizer, and agro-chemicals, making it the backbone of increased productivity and profitability of value-added chains.

This technology allows the best available seeds and fertilizer get into the hands of hundreds of thousands of small holder farmers to raise crop yields.

Akinboro lauded the government and people of Afghanistan for giving Cellulant the opportunity and the space to participate in making life better for small holder farmers.

‘‘Cellulant is driven to solve difficult problems on using payment technology. We will work with the government of Afghanistan to get inputs to 1 million farmers in the next 90-120 days,’’ he added.

This e-wallet system which works on a block chain technology provides a holistic system to link the farmers to agricultural inputs supply chain, finance and markets through integration with mobile network operators, input markets, extensions services, financial service providers, commodity market, and insurance service providers.

The e-Wallet system was envisioned in Nigeria, and first implemented in Nigeria under the administration of Dr, Akinwumi Adesina the current President of AfDB as the Minister of Agriculture in Nigeria; enabled Nigeria to increase its food production by an average of 21 million Metric tonnes annually from 2012 – 2015; a period of falling food prices and abundance food availability.

Cellulant have exported this technology out of Nigeria to other African countries in francophone and Anglophone Africa such as Liberia, Togo Uganda etc.

So far, Messer Cellulant’s eWallet or AgriKore ecosystem, which connects everyone to everything in agriculture all the time, has benefited 17 million farmers, 2500 Agri-business, 800 e-extension workers and over 2,500 service points in Nigeria. This technology enables more than 5 million farmers to get access to high quality inputs every year.

Cellulant is an award-winning mobile commerce company operating a one-stop payments ecosystem in Africa; connecting financial sector customers, Mobile Network Operators and businesses to their increasingly mobile consumers.

Driven by the mission to build a world class business in Africa, for Africa, by Africans, and connect businesses to their consumers across all sector; the company’s ecosystem connects over 95 banks, 30 Mobile Network Operators, 2 Government-backed e-Wallets and more than 600 blue chip companies.

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