Tingo Inc. (IWBB) Seeks to Boost Africa’s Agricultural Economy

• Farming accounts for over 20% of Nigeria’s GDP, yet most of the nation’s farmers live well below the poverty line due to the mechanics of the regional agricultural economy
• Tingo has sought to eliminate the market’s friction, providing farmers and agricultural cooperatives with digital access to a network of agricultural services, agents, and end purchasers
• The company operates a market leading Agri-Fintech through four key business pillars – mobile phone leasing, mobile voice and data services, the Nwassa Marketplace Platform and Tingo Pay

Farming accounts for over 20% of Nigeria’s GDP, with the nation’s farmers toiling endlessly to produce a range of crops, including palm oil, cocoa beans, maize, sorghum, nuts, rice, and soybeans. Nevertheless, the state of the Nigerian agricultural industry is underperforming; over 88 percent of Nigerian farms are ‘smallholders’, toiling on less than five acres of land. In fact, a recent study found that nearly 72 percent of Nigerian smallholder farms lived on less than $1.90 per day, with most living well below the poverty line. Tingo (OTCQB: IWBB), an Agri-Fintech company focused on foundation-level agriculture and related financial services in Africa, have sought to address this problem with a vision to build a digitally inclusive ecosystems which promotes financial inclusion and delivers disruptive micro-finance solutions, empowers societies, and produces social upliftment in rural communities. Tingo has centred their business model around four core business pillars, namely – mobile phone leasing, mobile voice and data services, the Nwassa Marketplace Platform and Tingo Pay. In effect, the vertically integrated business model enables Nigeria and the wider African continent’s… Read More>> NOTE TO INVESTORS: The latest news and updates relating to IWBB are available in the company’s newsroom at https://ccw.fm/IWBB About CryptoCurrencyWire (“CCW”) CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness. To receive instant SMS alerts, text CRYPTO to 77948 (U.S. Mobile Phones Only) CryptoCurrencyNewsWire is where News, content and information converge via Crypto. For more information, please visit https://www.CryptoCurrencyWire.com Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer CryptoCurrencyWire (CCW) New York, New York www.CryptoCurrencyWire.com 212.994.9818 Office Editor@CryptoCurrencyWire.com CryptoCurrencyWire is part of the InvestorBrandNetwork.