DisrupTech Ventures, a prominent Egyptian fintech fund focused on early-stage startups, has made its inaugural pan-African investment by supporting Winich Farms, a rapidly expanding Nigerian Agri-Tech company.
This investment is part of Winich’s pre-Series A funding round, aimed at redefining market access and financial inclusion for smallholder farmers in Nigeria.
Based in Lagos, Winich Farms tackles critical issues in Nigeria’s agricultural sector, including fragmented markets and limited access to financial services.
Agriculture accounts for over 20% of Nigeria’s GDP and employs millions, with smallholder farmers, representing 80% of the farming community and producing 90% of agricultural output, often excluded from modern supply chains and financial ecosystems.
Mohamed Okasha, Managing Partner at DisrupTech Ventures, emphasised the strategic importance of the investment: “We see immense potential in Nigeria’s agri-fintech space, and Winich’s innovative, scalable approach is addressing real challenges for farmers. Given agriculture’s significance in Egypt, we’re excited to promote knowledge exchange between these markets as Winich expands across Africa.”
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Attai Riches, CEO and Co-founder of Winich Farms, expressed enthusiasm about the partnership: “DisrupTech’s expertise in growing fintech startups will be crucial as we enhance our operations, empower more farmers, and pursue expansion across Africa and beyond.
This collaboration strengthens our mission to create an inclusive, efficient agricultural ecosystem, starting in Nigeria and extending globally.”
Amid economic challenges like rising input costs and interest rates following the Naira’s devaluation, Winich offers a vital solution by improving market access and financial opportunities for farmers.
Operating in 29 of Nigeria’s 36 states, the company connects over 180,000 smallholder farmers directly to buyers, such as processors and retailers, through its digital platform.
By leveraging a network of agent collection points, Winich streamlines produce aggregation and logistics without owning physical assets.
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Winich’s innovative Winich Cards enable digital payments, reducing reliance on cash and helping farmers build financial histories to access credit.
In partnership with the Kebbi Agricultural Research Development Agency (KARDA), Winich also provides credit and agronomic support to boost productivity and scalability.
Looking forward, Winich aims to expand its model across Africa and explore export opportunities in the MENA region.
With growing demand for transparent, tech-driven agricultural supply chains, Winich is positioned to lead the way in post-harvest agri-fintech solutions across the continent.
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