- Tingo is an Africa-focused agro-fintech company that seeks to empower rural farming communities through the introduction of innovative farming solutions.
- In addition to generating returns for shareholders, the company has also sought to empower corporations and produce social uplift in the rural communities in which it operates.
- The company has adopted 5 core sustainable development goals – food security, poverty reduction, financial inclusion, employment opportunities and gender equality
By the end of the first quarter of 2021, assets under management held in ESG (Environment, Social, Governance)-focused funds around the world had climbed to $ 1.984 billion, driven by a global drive to increase sustainability and social awareness. The growing demand from investors for assets in line with their social and ethical concerns has boosted flows towards sustainable investments; in fact, one study found that 89 cents of every dollar invested in funds active in July 2021 went to ESG-focused funds. Tingo (OTCQB: IWBB), a digital services agro-fintech technology company focused on basic agriculture and related financial services in Africa, has made it a mission to both support the national economies of its countries of welcome and support technological and ﬁ nancial inclusion to reduce poverty levels. Thus, and through its unique business model, Tingo hopes to deliver attractive returns to shareholders while investing in the long-term future of the company and its subsidiaries.
Tingo Inc aims to be the leading player in agri-fintech in Africa, with a multi-pronged strategy that aims to provide a roadmap to address several key areas of social concern on the African continent. As such, the company has sought to adopt five core sustainability goals such as &
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