Investor payment delays and public backlash over overdue payouts; company said delays were caused by COVID-19 and off-taker payment issues.
SourceThriveAgric help Farmers in Africa access finance, insight and Markets
Public company, workplace, funding, and market signals
Updated Aug 16, 2026
ThriveAgric is a Nigerian agritech company building a tech-enabled agricultural operating system and supply-chain platform for smallholder farmers. It helps farmers access finance, inputs, advisory, aggregation, and market access, with a stated mission of building the largest network of profitable farmers across Africa.
Primary product
Agricultural Operating System (AOS) / farmer aggregation and financing platform
Founded
2016
Headquarters
Abuja, Nigeria
Team size
51-200 employees
Industry
Food and Beverage Manufacturing
Sub-industry
Agricultural technology / agrifinance / farm aggregation
Offices
Business model
Stage
mixed (debt, grant, pre-seed, seed, non-equity assistance)
Total raised
$62.8M
Latest round
Grant · Jan 2023
Latest amount
$1M
Jan 2023 · AYuTe Africa Challenge / Heifer International
Mar 2022 · Local commercial banks and institutional investors
Jan 2020
May 2017 · Ventures Platform
Dec 2016
Leadership
Uka Eje
Co-Founder / CEO (historically CEO; later COO during 2020 turnaround period)
Ayodeji Arikawe
Co-Founder
Imo Nnadozie
Head of Technology
Samirah Bello
Global Head, Strategic Partnership
Temiyeoluwa Alabi
Global Head, Corporate Communications
Uzoma Alika
Head, Field Operations & Projects
MAF Nathaniel Amanzi
Head, Risk Management & Compliance
Oshone Anavhe
Chief Operating Officer
Toro Akindele
Vice President, Commercial
Sula Bello
VP Product & Innovation
Public messaging emphasizes food security, farmer profitability, technology-driven agriculture, and aggregation across smallholder farmers. Publicly available benefits data was not found in the searched primary sources.
Compensation
No reliable public compensation data was found in the searched primary sources.
Pricing
Not publicly disclosed; appears to monetize through agricultural financing, aggregation, and value-chain services.
Differentiators
Technology
Customers
Competitors
Investor payment delays and public backlash over overdue payouts; company said delays were caused by COVID-19 and off-taker payment issues.
SourceCEO Uka Eje stepped down temporarily as CEO and became COO; Adia Sowho was named interim CEO during turnaround efforts.
SourceBusiness Insider Africa reported Thrive Agric had completed overdue payments to crowdfunders after a year.
SourceNexter News Nigeria · May 2026
AGRA and ThriveAgric commissioned solar-powered boreholes and energy equipment to reduce post-harvest losses and support climate-smart farming in Niger State.
Tech Journal · Jan 2025
The company outlined a regional expansion plan spanning Kenya, Uganda, Tanzania, and Zambia, backed by a $9.6M commitment.
ThriveAgric · Nov 2024
ThriveAgric said it partnered with Mercy Corps to open its first multipurpose grain cleaning and milling facility in Gombe, Nigeria.
Techpoint Africa · Jun 2024
ThriveAgric announced a Visa partnership to expand into Kenya, set up local hubs in five counties, and support up to 10,000 farmers.
ThriveAgric · Apr 2024
The company said the partnership would expand carbon-credit access across nine Nigerian states and potentially generate more than $50M in carbon-credit revenue.
3 jobs at Thrive Agric