International development organisation, Heifer International, on Wednesday announced an additional $3.5 million funding for its tractor financing initiative in Nigeria and other African countries, in order to speed up the pace of agricultural development.
Heifer International on Wednesday announced additional investment of $3.5 million into its tractor financing initiative in Africa to promote agricultural development on the continent. Heifer is an international development organisation working to end hunger and poverty globally in a sustainable way by supporting and investing alongside local farmers and their communities
Heifer International, an International development organization, has announced an additional $3.5 million in funding for its tractor financing initiative in Nigeria and other Africa countries to speed up agricultural mechanisation on the continent.
An international development organisation, Heifer International, has announced an additional $3.5 million in funding for its tractor financing for Tractor For Africa initiative to speed up the pace of agricultural development on the continent.
Heifer international announces $3.5m additional investment for tractor financing in Africa
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The Senior Vice President of Africa Programmes at Heifer International, Adesuwa Ifedi, said the firm would be investing $1m in its tractor booking platform, Hello Tractor.
Seeking innovative ways to generate agribusiness opportunities for young African entrepreneurs, Heifer International announced today that it is investing $1 million USD in the tractor booking platform, Hello Tractor, to provide loans for tractor purchases—loans that can be repaid from revenues earned by leasing them to local farmers.
As mechanized farming takes centre stage in food production, an agribusiness giant, Heifer International, Thursday, disclosed of investing $1 million in the tractor booking platform, Hello Tractor, to provide loans for tractor purchases, loans that can be repaid from revenues earned by leasing them to local farmers in boosting agribusiness.
A foreign firm, Hello Tractor, has promised to invest $1 million in tractors to assist small-scale farmers mechanise their operations. Hello Tractor would provide loans for tractor-purchasing which would be repaid from revenues earned by leasing them to local farmers.
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