Tingo Inc.’s (TMNA) Core Subsidiary Tingo Mobile Set to Launch Multi-Million Dollar Fund to Support Female Farmers; the First Grant Awarded to Female Fungus Farmer

  • Tingo build on strong focus on gender equality, encouraging women in business as core value while engaging thousands of women agents in Nigeria
  • Company set to launch fund to award grants mainly to female farmers and inspire new generation of leaders
  • Tingo to continue supporting Nigerian farmers as economic empowerment is considered key to achieving continent’s socio-economic transformation

Tingo (OTC: TMNA) has been long known for supporting farmers in Africa, especially women lead businesses, but its wholly owned subsidiary Tingo Mobile is elevating that support to the next level. The company is set to launch a ₦2.5 billion (approximately $6 million) fund to award grants mainly to female farmers and inspire a new generation of leaders committed to helping Nigeria reach its potential both in Africa and beyond. The company awarded the first grant amounting to ₦600,000 at the Exquisite Ladies of the Year (“ELOY”) Awards held in Lagos on November 26, 2021. The reward went to Etimbuk Imuk, a female farmer producing edible mushrooms that meet international standards. Before founding her own agri-business, Eti Farms Global, she served as an agricultural consultant helping people set up their farms and acquire the best farming practices (https://ccw.fm/Hv5Jk).

With a proven commitment to supporting the Nigerian farming community, Tingo continues to find new ways to support the community throughout the country. Through its device-as-a-service model, the company offers…

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NOTE TO INVESTORS: The latest news and updates relating to TMNA are available in the company’s newsroom at https://ccw.fm/TMNA 

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