By Atoyebi Nike
The All Farmers Association of Nigeria (AFAN) has signed a landmark Memorandum of Agreement with African Holdings Corporation (AHC) to modernize Nigeria’s agriculture through blockchain technology.
Signed in Abuja, the deal will create a blockchain-powered registry of AFAN members, ensuring inclusion in the digital economy while enabling traceability of produce.
A key feature is the introduction of real-world asset (RWA) tokenisation, which will convert agricultural commodities into digital tradeable tokens. This opens access to global markets, alternative financing, and wealth creation opportunities for millions of farmers.
The partnership also includes the launch of community tokens to foster cooperative trade, plus services such as insurance, geo-mapping, precision farming tools, and capacity-building resources.
AFAN President Farouk Rabiu Mudi said the collaboration represents “a major leap forward” for Nigerian farmers, while AHC Country Executive Auwal Tahir Maude described it as “a benchmark for agricultural innovation across Africa.”
The initiative positions Nigerian farmers at the forefront of the global digital agriculture revolution, boosting productivity, inclusion, and long-term sustainability.
