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Releaf, OnePipe Partner to Deepen Financial Inclusion, Improve Productivity for South-South Farmers

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Releaf, a raw material procurement & logistics platform that is making it easy for crops to move from farm to factory and OnePipe, a digital gateway enabling financial services, have partnered to support over 2,000 oil palm farmers in Cross River and Akwa Ibom states with digitized financial services.

Uzoma Ayogu, Releaf CTO/Co-Founder, with some Releaf Oil Palm farmers.

Over 65 percent of Nigerians are outside the financial services envelope, with millions unbanked or under-banked.

The combination of COVID-19 disruptions and the widening digital divide in the rural and underserved areas has threatened the attainment of financial inclusion targets in Nigeria.

This partnership between Releaf and OnePipe is thus a welcome initiative to the National Financial Inclusion Strategy and provides opportunities for thousands of rural farmers across Nigeria’s South-South region.

Speaking on the collaboration, Uzoma Ayogu, co-founder and Chief Technology Officer for Releaf, said; “Since inception, Releaf has empowered over 1,000 farmers to supply over 10 million kilograms of quality crops to various food factories.

“While disbursements to our farmers have been largely cash-based, we now have access to digitized fund disbursement via embedded, customised accounts, provisioned by OnePipe, to drive financial inclusion of previously financially excluded farmers in the digital economy.

“As a result, we can provide increased funding to farmers in a more seamless, scalable, and safe manner.

“We are also exploring other products like insurance and other services leveraging OnePipe’s infrastructure and strategic partnerships with an array of Financial Institutions.

“The embedded customised accounts for the farmers are provisioned leveraging OnePipe’s partner bank APIs.

“They are opened and operated via USSD and *PWA (Progressive Web App) channels and branded as Releaf Wallet for ease of adoption by the farmers.

“As full-utility accounts, farmers can receive inflow from any bank/channel and can transfer funds to any Nigerian bank account; they can also access readily available services such as airtime top-up (self and third party), savings/investments and various loan options.

“The loan options are configured such that consistent usage of the Releaf wallet by the farmers results in a correspondingly increasing credit line”.

Ope Adeoye, founder and Chief Plumber, OnePipe, described the partnership with Releaf as “an exciting opportunity to co-create value with Releaf.

“Releaf is reviving agricultural infrastructure and crafting a sustainable path to prosperity for farmers who previously did not have commensurate return for their labour”.

According to him, “working with Releaf was inevitable as the company’s vision to transform Africa’s agricultural future by making decentralized food processing scaleable coincides with OnePipe’s social mandate to drive financial inclusion through technology for all – including the 700M+ smallholder farmers on the continent.”

OnePipe’s platform provides a single gateway that aggregates financial services from industry leaders and combines them in unique ways to create new brand propositions that help organisations reduce time to market by embedding financial services within their products.

OnePipe is at the vanguard of the embedded finance movement in Sub-Saharan Africa and has assisted companies like Releaf to provide seamless digital financial services to their partners. In addition to the ongoing partnership with Releaf,

OnePipe is also working with key players in the Retail, FMCG and Asset Management space to facilitate embedded finance within their existing offerings.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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Using Pre-registered SIM Card Can Land You in Jail- NCC Warns

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Nigerian Communications Commission (NCC) has issued a stern warning to Nigerians regarding the dangers of purchasing and using pre-registered SIM cards.

Using Pre-registered SIM Card Can Land You in Jail- NCC Warns

The Commission stated that the practice is illegal and could lead to severe consequences, including imprisonment.

The NCC reiterated that individuals using pre-registered SIM cards might inadvertently become implicated in serious crimes such as identity theft, financial fraud, kidnapping, and armed robbery.

It said the use of these SIM cards compromises the accuracy of consumer information and hampers efforts to track criminals effectively.

In a statement, the NCC stressed, “Using pre-registered SIM cards undermines the reliability of data collected on consumers, making it challenging for authorities to identify and apprehend the actual perpetrators of crimes.”

The NCC urged Nigerians to avoid buying pre-registered SIM cards and to ensure their SIM cards are properly registered in their names to avoid potential legal repercussions.

 


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TECNO and Tiwa Savage Unveil ‘Water and Garri’ in Style

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The recent premiere of the highly anticipated film Water and Garri was nothing short of a star-studded affair. Its compelling storyline and stellar performances captured audiences. Held at the Livesport Event Center, the event drew A-list celebrities, industry insiders, and eager fans, all eager to witness the cinematic spectacle unfold.

One of the most memorable aspects of the evening was the irresistible allure of the TECNO booth, where celebrities couldn’t get enough of the state-of-the-art devices on display. From snapping selfies with the latest TECNO smartphones to exploring the myriad features and functionalities, it was clear that TECNO had struck a chord with its audience.

But it wasn’t just the TECNO booth that had everyone buzzing – the movie itself was the talk of the town. ‘Water and Garri,’ inspired by the real-life journey of singer/actress Tiwa Savage, resonated deeply with audiences, offering a poignant portrayal of love, loss, and redemption. As the lights dimmed and the opening credits rolled, guests were not just spectators but participants in Tiwa’s world, swept away by the raw emotion and heartfelt storytelling.

Celebrities couldn’t get enough of the film throughout the evening, lauding its authenticity and powerful performances. From the lead actors to the supporting cast, each portrayal was met with applause and admiration, underscoring the talent and dedication of all involved. As the credits rolled and the cheering subsided, guests lingered, eager to share their thoughts and reflections on the film’s profound impact.

As the night ended, it was clear that “Water and Garri” had left an indelible mark on all who attended. From its captivating storyline to its unforgettable performances, the movie has captivated hearts and minds, earning its rightful place among the year’s most anticipated releases. With the support of innovative partners like TECNO, the film’s reach and impact are sure to extend far beyond the premiere, inspiring audiences for years to come.


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Nigeria DigitalSENSE forum @15, gets June date

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The date for the 2024 Nigeria DigitalSENSE Forum on Internet Governance for Development (IG4D) has been unwrapped for Thursday, June 27, by organisers, ITREALMS Media group.

Disclosing this, the Lead Consulting Strategist, DigitalSENSE Africa and Group Executive Editor, ITREALMS Media, Mr. Remmy Nweke, said that this year’s edition marks the 15th edition of Nigeria DigitalSENSE Forum on IG4D series and comes with the theme “IG4D: Innovative Digital Economy & Safer Civic Space in Nigeria” at the prestigious Welcome Center Hotels, International Airport Road, Lagos.

Nweke recalled that in 2009, the Nigeria DigitalSENSE Forum (NDSF) series on Internet Governance for Development made a debut and ever since has been steadfast in rallying stakeholders to take discourse on Internet access, openness, affordability, connectivity and ICT infrastructure among others.

This year, he also said, as NDSF marks 15th years of impacting various Nigeria’s economic sector with yet another series on the theme: IG4D: Innovative Digital Economy and Safer Civic Space in Nigeria.

“It will also be a time for recognition of corporates and individuals for their contributions in deepening Internet penetration, improving access and affordability as well as technological adaptation that begets digital sense in our society,” Nweke said.

NDSF series on IG4D, powered by ITREALMS Media group is hosted by DigitalSENSE Africa, an At-Large Structure (ALS) certified by the Internet Corporation for Assigned Names and Numbers (ICANN), in collaboration with relevant stakeholders including Internet Society (ISOC), Nigeria chapter, Nigerian Communications Commission (NCC), Internet Exchange Point of Nigeria (IXPN) among others.


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