EU launches digital platform to boost investment in Nigeria’s agribusiness sector
- 65 Views
- Agribusiness Africa
- July 3, 2024
- News & Analysis
The EU has launched the EU-Nigeria Agribusiness Platform to boost private investments in Nigeria’s agribusiness sector, aiming to reduce food insecurity and poverty. This digital platform will enhance trade and collaboration between Nigerian and EU agribusinesses, particularly SMEs, fostering sustainable economic development and agricultural growth. Source: Vanguard
Our Review
The launch of the EU-Nigeria Agribusiness Platform signifies a major step towards enhancing Nigeria’s agribusiness sector. By increasing private investments and fostering collaboration between Nigerian and EU agribusiness stakeholders, this initiative aims to reduce food insecurity and poverty while promoting sustainable economic development. The digital platform will facilitate trade, investment, and cooperation, particularly benefiting SMEs. Managed by Agribusiness Register Limited, it will work closely with Nigerian government agencies to ensure effective implementation and support for agribusiness opportunities.