Nigeria

The new program aims to give millions of young Nigerians access to land, training, and support in the agriculture sector.

The project forms part of the company’s wider investment in Nigeria’s port and logistics sector, valued at over US$1 billion.

The government plans to expand irrigation, improve dam safety, and support steady farm production across the country.

Government says local farm support and higher production have started to ease pressure on food prices.

The Federal Government and Kaduna State will jointly fund a US$29.62 million ginger production and processing hub in Kachia.

Exporters warn higher charges could push produce out of global markets.

The lender commits its first agribusiness loans in West Africa to boost trade, processing and farmer support in key crop markets.

The funding will support the second phase of Nigeria’s National Agricultural Growth Scheme and target higher wheat and rice output.

The country produces about 2.1 million metric tonnes of onions each year, with output valued at N1.17 trillion (US$780 million).