Categories: FintechMiscellaneous

EcoFarmer Launches Diaspora Agriculture Finance Plan

Share

EcoFarmer recently announced that they will now be offering a Diaspora Agriculture Finance Plan that allows people in the diaspora to buy farming equipment and inputs for family and friends through Cassava Remit.

Whilst the service seems to be unavailable on the Cassava Remit website at the time of writing EcoFarmer ads concerning the service point to it being added there at some point.

EcoFarmer has partnered with a number of shops including Agricura, EasiSeeds, Windmill to provide the inputs and equipment that will be made available in addition to existing services such as airtime top-up, cash pick-up and mobile money transfer already offered through Cassava Remit.

advertisement

Whilst the addition of such a service will probably lessen the burden of many rural and urban dwellers failing to afford inputs and equipment it will also no doubt help Cassava and Econet by increasing their access to foreign currency which can be used to improve and maintain Econet’s network infrastructure.

It’s pretty interesting that Econet continues to add as many remittance services as possible whilst their competitors NetOne and Telecel haven’t invested in offering such services to also improve their forex inflows.

Interestingly, even banks like BancABC recently announced a partnership with remittance startup Senditoo – another move meant to improve a company’s access to foreign currency in these trying times.


Quick NetOne, Telecel, Africom, And Econet Airtime Recharge

If anything goes wrong, chat with us using the chat feature at the bottom right of this screen

View Comments

  • At least approach these companies to have at least a functional website before writing about them. This is a disappointment windmill and EasiSeeds!

    Cancel reply

    Leave a Reply

    Your email address will not be published.

Leave a Reply

Your email address will not be published.

Published by
Farai Mudzingwa

Recent Posts

Mobile money subscriptions took a dip in Q2, this could be the start of a downward trend

The POTRAZ Sector Performance Report for the second quarter of 2020 revealed a dip in…

September 23, 2020

Africa eSports Championships looking for Zim based intern – Here’s how to apply

We recently reported that Africa eSports Championships (AEC) is back for another year and the…

September 23, 2020

Video:This is a $35 fancy looking speaker with a couple of tricks

In this video we check out the Touch Lamp portable speaker. It goes for just…

September 22, 2020

OneMoney added 337 000 subscribers in Q2 whilst other mobile money services struggled – What gives?

POTRAZ Q2 2020 report is out and whilst the mobile money industry generally took a…

September 22, 2020

Forex Auction results, Zim dollar nudges up slightly. Rate at 81.4965

Forex auction results for 22 of September 2020 are in and the Zim dollar has…

September 22, 2020

Zimswitch shares list of shops where civil servants and pensioners can use their NOSTRO cards

Earlier this year the government promised to give Civil Servants a US$75 pay raise. Whilst…

September 22, 2020