Francis Obirikorang Enhances Financial Access for Farmers

By : Melchior Koba

Date : mercredi, 17 juillet 2024 10:04

Driven by a commitment to empowering small African farmers, he has developed a technological platform that connects them to agricultural markets and financing opportunities. The platform aims to address their challenges with innovative solutions.

Francis Obirikorang, a Ghanaian entrepreneur, is the co-founder and CEO of AgroCenta Technologies, a fintech company dedicated to the financial inclusion of rural communities in Africa.

Founded in 2015 by Obirikorang and Michael Ocansey, AgroCenta Technologies aims to improve market access and financial services for smallholder farmers across the continent. The company offers digital payments, loans, insurance, and pensions for these farmers.

To achieve its objectives, the startup developed Velociti, a platform that leverages big data, machine learning, and artificial intelligence. Velociti constructs alternative data to enable small rural farmers to access financial services such as microloans, mobile payments, insurance, savings, and pensions. It also provides a digital identity for stakeholders in Africa's agricultural value chain.

In addition to AgroCenta Technologies, Obirikorang co-founded Swappaholics Holdings Ltd in 2015, where he served as CEO until 2016. This company developed an online platform allowing individuals and businesses to exchange products, skills, and services without using money.

Obirikorang graduated from Kwame Nkrumah University of Science and Technology in 2006 with a bachelor's degree in materials engineering. Before venturing into entrepreneurship, he worked from 2008 to 2013 as a technical writer for tech companies Esoko and Corenett, and from 2013 to 2015 as a business analyst at TXT Ghana, a wireless application service provider.

Melchior Koba

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