500 exhibitors for Abuja Chamber’s fair on farm technology
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- Agribusiness Africa
- November 1, 2024
- News & Analysis
The Abuja Chamber of Commerce and Industry (ACCI), in partnership with Autodex Nigeria Limited and Afreximbank, is set to host the inaugural Farm, Food, and Allied Technologies (FARMFATECH) Expo 2024. Scheduled for November 5-7, this Expo is poised to be a landmark event for Nigeria’s agricultural sector, aiming to establish Nigeria as a key player in agricultural innovation through cross-border partnerships and technological exchange.
Chief Emeka Obegolu, President of the ACCI, emphasized the Expo’s goal to foster connections with international stakeholders and spur growth through enhanced agro-mechanization and food processing technologies. With participation from 76 countries and over 500 exhibitors, FARMFATECH expects to attract approximately 500,000 visitors, all eager to explore the latest advancements and collaborative opportunities in agriculture. The event will particularly strengthen ties with China and other global tech leaders, fostering robust alliances aimed at transforming the agricultural landscape in Nigeria and beyond.
By providing a platform for global industry leaders, policymakers, and stakeholders, FARMFATECH is set to catalyze significant business opportunities and knowledge exchange. Through these interactions, Nigeria aims to secure substantial investments and position itself at the forefront of agricultural growth and innovation.
Source- Daily Trust
Expert Review for Agri-Food Stakeholders:
The upcoming FARMFATECH Expo offers immense opportunities for Nigeria’s agribusiness stakeholders. By focusing on agro-mechanization and food processing technologies, this event can address critical gaps in Nigeria’s agricultural value chain, particularly around efficiency, yield optimization, and sustainable food processing.
The Expo’s emphasis on partnerships with global players, especially China, reflects a strategic move to leverage advanced technologies that can drive mechanization—a crucial element for enhancing productivity in Nigeria’s largely manual agricultural sector. These collaborations could lead to access to more efficient machinery, which, if affordable and adaptable to Nigeria’s context, can significantly reduce labor intensity and boost crop yields. Additionally, advancements in food processing technologies showcased at the Expo could help reduce post-harvest losses, a persistent challenge in Nigeria, while opening new avenues for value-added products.
For agribusiness investors, policymakers, and practitioners, the FARMFATECH Expo presents a timely opportunity to identify high-impact solutions, foster partnerships, and invest in innovations that align with Nigeria’s agricultural priorities. Stakeholders attending this event are encouraged to engage with exhibitors, especially those offering adaptable and cost-effective technologies, to ensure that the Expo translates into tangible growth and long-term benefits for Nigeria’s agri-food sector.