USAID launches $300 million agribusiness investment in Nigeria -

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USAID launches $300 million agribusiness investment in Nigeria

Nigerian entrepreneur Fajemi Gognaje, 35 years old, started a new business in 2016, selling agricultural inputs like seed and fertilizer. Photo by Michael Stulman/Catholic Relief ServicesUnder a new contract with Cultivating New Frontiers in Agriculture , an international agricultural development organisation, the U.S. Agency for International Development , recently launched the new Feed the Future Nigeria Agribusiness Investment Activity.

In line with the commitment of the governments of the United States and Nigeria to broaden the economy, these efforts will increase the quality, quantity, market access and diversification of Nigeria’s agribusiness sector. The Agribusiness Investment Activity aims to collaborate with the Nigerians agribusiness sector to integrate and upgrade thousands of micro, small and medium enterprises and producer organizations as high-performing commercial actors in the rice, maize, soy, cowpea, and aquaculture value chains.

 

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