By integrating with banks and mobile money providers like MTN and Airtel, BanQu has already helped over 200,000 individuals connect directly with producers, according to a statement, with the goal of serving 100 million people in extreme poverty by 2023.

“Through this work, we are helping to create a digital ledger of farmers’ transactions that will create an economic identity and enable access to financial services,” said Maisie Devine, a director at AB InBev, in a statement. “This will ultimately allow farmers to grow their business and improve the livelihoods of their families and communities.”

READ  Circle Confirms Freezing $100K in USDC at Law Enforcement’s Request