Business A.M
No Result
View All Result
Tuesday, March 3, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home Companies-in-Action

Heifer awards 3 agritech innovators $20,000 to boost production

by Admin
January 21, 2026
in Companies-in-Action, Company

By Onome Amuge

Three agric-tech innovators in Nigeria have been announced as final winners of the $20,000 prize for the maiden edition of the Agriculture, Youth and Technology (AYuTe) Africa Challenge Nigeria, an enterprise development programme initiated by Heifer International.

Ifeoluwa Olatayo, managing director, Soupah Farm-en-Market Limited, emerged overall best  competitor and won a $10,000 grant to expand her business initiatives in the agriculture value chain. Rejoice Usim, chief executive of Simkay Foods Limited, was announced second place winner, earning $6,000 grant, while Stephen Obe, CEO of Evet Technology, won the third place and was awarded $4,000.

Heifer awards 3 agritech innovators $20,000 to boost production

Presenting the cash grants to the three finalists, Rufus Idris, Heifer Nigeria’s country director, said: “We are excited to announce a starting cash grant of $20,000 to the most promising young agritech innovators in Nigeria. This is in line with Heifer’s strategic goal of unleashing the hidden agricultural treasures among African youths.”

Idris expressed confidence that the new ideas and technologies by the “tech-savvy youths” discovered in the competition will help to convert the huge potential in agriculture to economic growth and employment across Africa while transforming the sector.

The Heifer country director also noted that the organisation, through the challenge, hopes to further inspire the Nigerian youth population to continue to embrace agriculture as a career option of choice, while promoting creative professionals that are using technology to re-imagine farming and food production across the country.

“More than half of our population consists of young people and with inflation skyrocketing, fuelled mainly by food inflation, we’ll need the youths with energy, tech-savvy, and entrepreneurial skills that can be channeled to transform the agricultural sector,” he added.

Speaking on the impact of her innovation at Soupah Farm-en-Market Limited, Olatayo, who won the first prize, said her company connects rural smallholder farmers to urban markets by using short code as a procurement interface.

“So, rural smallholder farmers will no longer market agriculture produce through middlemen. They will communicate with us directly to collect their produce while we sell to large off-takers,” she explained.

Olatayo encouraged Nigerian youths, especially the tech enthusiasts, to engage and think of how to use technology to better the lots of young farmers and boost food production and supply.

The AYuTe Africa Challenge Nigeria, which commenced in August 2022 with over 600 entries, was established as a platform for identifying outstanding young agritech innovators in Nigeria and other various Heifer countries, as well as assisting in the formation of strong partnerships.The initiative was also established to identify, nurture, and support innovative, relevant, and technology-driven agric-centric enterprises that grow, scale and help smallholder farmers to thrive in Africa.

According to Heifer, the national competition represents a new phase of Heifer International’s AYuTe Africa Challenge, established in 2021 to award cash grants annually to the most promising young agritech innovators from across Africa. Like the Regional Champions competition, the AYuTe national champions competition offers prize money and mentorship, helping translate the energy and ideas of young Nigerian agritech innovators into meaningful impact for smallholder farmers across the country, and supporting winners to grow their businesses and profile.

Admin
Admin
Previous Post

AMI launches enterprise to promote workforce learning in Africa

Next Post

The Strategies You Want to Know Before You Start Betting on Sports

Next Post

The Strategies You Want to Know Before You Start Betting on Sports

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026
N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

N5trn wasted: Nigeria’s production value bleeds as post-harvest losses deepen food crises 

March 3, 2026
US leads digital adoption, but Europe, Asia sets the benchmark for user experience

Africa’s digital infrastructure gap widens in $3trn data-centre race 

March 2, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Google, global partners roll out new standard for AI-powered payments

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

MDA reports expose Tinubu’s 3-year shambolic budgeting 

MDA reports expose Tinubu’s 3-year shambolic budgeting 

March 3, 2026
Nigeria secures $500m gas financing in fresh bid to unlock reserves

Gas supply uncertainty raises fresh risks for power investors

March 3, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M