Prince Boateng is a former US naval officer of Ghanaian origin. He worked in the international development field working with the United States Agency for International Development (USAID) under food security and agricultural development-related programs in Africa.
“It struck me that the countries we were working in had fertile ground yet we were shipping food to them,” Boateng tells AFN.
This motivated him to go into the agricultural field seeing that it was also the backbone of many African economies. Together with his co-founders Acheampong Atta-Boateng and Mike Hickey, he founded AgroFides.
AgroFides is an agrifintech startup leveraging AI and agricultural expertise to assess the creditworthiness of small and medium-scaled farmers in Ghana. It is also an intermediary between lenders and farmers to unlock more capital for them.