The United States Agency for International Development (USAID) has launched a US$300 million agribusiness investment initiative in Nigeria that seeks to promote private-sector investment in agriculture.
Dubbed as the ‘Feed the Future Nigeria Agribusiness Investment Activity’ invest investment will be implemented under a new contract entered between USAID and the Cultivating New Frontiers in Agriculture (CNFA), an international agricultural development organisation.
Through CNFA, USAID will work to improve the ease of doing business in the agricultural sector and broaden access to finance by mitigating the credit risks of agribusinesses.
The five year project is also aimed at promoting investment opportunities for agribusinesses to expand and scale up operations.
According to the US Embassy and Consulate in Nigeria, US$200 million will be spent to facilitate new lending under the Agribusiness Investment Activity and US$100 million in new investment across the five crops.
The investment will be implemented in seven states across the country including Kaduna, Niger, Kebbi, Benue, Delta, Ebonyi, and Cross River States.
“This activity will pursue a unique, robust business-centred strategy to implement this Feed the Future initiative in Nigeria,” said Chief of Party Adam Saffer.
“Under this approach, the activity will partner with domestic and multinational companies in order to more effectively bridge the gap between government and the private sector – and to distribute the economic benefits of the project more broadly across Nigeria’s agribusiness sector.”
The Agribusiness Investment aims to collaborate with the Nigerians agribusiness sector to integrate and upgrade micro, small and medium enterprises (MSMEs) and producer organizations as high-performing commercial actors.
The initiative will cover the rice, maize, soy, cowpea, and aquaculture value chains.
The United States said that this is in line with the governments’ commitment to broaden the economy, increase the quality, quantity, market access and diversification of Nigeria’s agribusiness sector.
“Through advocacy for streamlined regulations, more effective policies, improved production and processing practices, and significantly increased finance and investment flows, the activity will help Nigerian entrepreneurs increase the competitiveness and returns of both large and small agricultural enterprises,” said the US embassy in a statement.
This activity also aims to help the country develop and strengthen a more business-enabling environment through the promotion of private-sector investment in agriculture.
Source: Food Business Africa.
Hi! This post could not be written any better! Reading this
post reminds me of my previous room mate! He always kept talking about this.
I will forward this page to him. Pretty sure he
will have a good read. Thanks for sharing!
I like the helpful information you provide in your articles.
I’ll bookmark your weblog and check again here frequently.
I am quite sure I will learn lots of new stuff right here!
Best of luck for the next!
Whats up very cool website!! Man .. Beautiful ..
Superb .. I’ll bookmark your blog and take the feeds additionally?
I’m glad to search out numerous useful information here within the publish, we’d like develop
extra techniques on this regard, thanks for sharing. .
. . . .
I simply couldn’t leave your website prior to suggesting that I really enjoyed the usual information a person supply for your guests?
Is gonna be back ceaselessly in order to check up on new posts
Thank you for every other great article. The place else may just
anyone get that type of info in such a perfect method
of writing? I’ve a presentation subsequent week, and I am on the search for such information.
Hi there, just became aware of your blog through Google, and
found that it’s truly informative. I’m going to watch out for brussels.
I will be grateful if you continue this in future. Numerous people
will be benefited from your writing. Cheers!
Hello my friend! I wish to say that this post is amazing, great written and include almost all significant infos.
I’d like to look more posts like this .
I am really loving the theme/design of your site. Do you ever
run into any web browser compatibility problems?
A few of my blog audience have complained about my blog not operating correctly in Explorer but looks great in Opera.
Do you have any suggestions to help fix this problem?
Valuable info. Fortunate me I found your website by chance, and I’m shocked why
this coincidence didn’t happened earlier! I bookmarked
it.
Hello there! I simply wish to offer you a huge thumbs up for the
great info you have got right here on this post. I am coming back to your web site for more soon.
hey there and thank you for your information – I’ve certainly picked up something new
from right here. I did however expertise some technical issues using this site,
since I experienced to reload the website many times previous to
I could get it to load properly. I had been wondering if your web hosting
is OK? Not that I am complaining, but slow loading instances
times will sometimes affect your placement in google
and could damage your quality score if advertising and marketing with Adwords.
Anyway I’m adding this RSS to my e-mail and can look
out for much more of your respective intriguing content.
Make sure you update this again very soon.
Hello! I know this is kind of off topic but I was wondering which blog platform are you using for this site?
I’m getting sick and tired of WordPress because I’ve had problems with hackers and I’m looking at
alternatives for another platform. I would be great if you could
point me in the direction of a good platform.
An interesting discussion is definitely worth comment.
I do think that you ought to write more about this issue, it might
not be a taboo subject but typically folks don’t
talk about these topics. To the next! Cheers!!
Hi there, just wanted to tell you, I loved this
article. It was funny. Keep on posting!
I like the valuable info you provide in your articles.
I’ll bookmark your blog and check again here regularly.
I am quite certain I’ll learn many new stuff right here!
Good luck for the next!
Hello, i think that i saw you visited my web site thus i
came to “return the favor”.I am attempting to find things to improve my site!I suppose its ok to use some of your ideas!!
I am sure this paragraph has touched all the internet viewers, its really
really pleasant article on building up new blog.
These are actually great ideas in on the topic of blogging.
You have touched some pleasant points here.
Any way keep up wrinting.
I think everything published was very reasonable.
However, think about this, suppose you added a little content?
I mean, I don’t wish to tell you how to run your
blog, but suppose you added a headline that makes people desire more?
I mean USAID launches US$300m agribusiness investment initiative in Nigeria
| GTej Media is kinda plain. You ought to peek
at Yahoo’s home page and note how they write article headlines
to grab people to click. You might add a video or a related picture or two to get
people interested about everything’ve written. Just my opinion,
it could bring your blog a little bit more interesting.
It’s really a nice and useful piece of info. I’m glad that you shared this helpful info with us. Please keep us informed like this. Thanks for sharing.
Quality posts is the secret to interest the visitors to visit the web site,
that’s what this site is providing.
Hi there, its pleasant paragraph regarding media print, we all know media is
a enormous source of facts.
Good day I am so thrilled I found your site, I really
found you by error, while I was searching on Bing for something else, Anyhow I am here now and would just like to say
thank you for a remarkable post and a all round exciting blog (I also love the theme/design),
I don’t have time to go through it all at the moment but I have book-marked
it and also added your RSS feeds, so when I have time I will be back to read
more, Please do keep up the awesome jo.
I’m gone to tell my little brother, that he should
also go to see this web site on regular basis to obtain updated from hottest news update.
I absolutely love your blog and find nearly all of your post’s
to be just what I’m looking for. Do you offer guest
writers to write content for you? I wouldn’t mind creating a post or elaborating on many of the subjects you write about here.
Again, awesome web site!
I want to to thank you for this good read!!
I certainly loved every bit of it. I’ve got you book marked to look at new stuff you post…
Fastidious response in return of this query with firm arguments and explaining the whole thing regarding
that.
Excellent post. I was checking continuously this blog
and I am impressed! Extremely useful information specially the last part
🙂 I care for such info a lot. I was looking for this particular
info for a long time. Thank you and good luck.
I think the admin of this website is really working hard in favor of his web site, for the reason that here every information is quality based
data.
What’s up it’s me, I am also visiting this site regularly, this
website is really good and the people are truly sharing nice thoughts.
Your mode of telling the whole thing in this post is actually nice, every
one be capable of simply know it, Thanks a lot.
I couldn’t refrain from commenting. Very well written!
Woah! I’m really loving the template/theme of this blog.
It’s simple, yet effective. A lot of times it’s very hard to
get that “perfect balance” between user friendliness
and visual appearance. I must say you’ve done a awesome job with this.
Also, the blog loads very fast for me on Firefox.
Excellent Blog!
Today, while I was at work, my sister stole my apple ipad and tested to see if it can survive a
25 foot drop, just so she can be a youtube sensation. My apple
ipad is now broken and she has 83 views. I know this is completely off topic
but I had to share it with someone!
This is really interesting, You are a very skilled blogger.
I’ve joined your rss feed and look forward to searching for more of your great post.
Also, I’ve shared your website in my social networks
I’ll immediately take hold of your rss as I can not in finding your e-mail subscription hyperlink or
e-newsletter service. Do you’ve any? Kindly let me realize so that
I may just subscribe. Thanks. pof natalielise
Mass parsite http://bit.ly/2W9CVkn
Hello it’s me, I am also visiting this web page regularly,
this website is truly fastidious and the people are truly
sharing fastidious thoughts.
It’s great that you are getting ideas from this article as well as from our discussion made at this time.
natalielise plenty of fish
Aw, this was an exceptionally good post. Finding the time and actual
effort to make a great article… but what can I say… I hesitate a lot and never manage to get anything
done. natalielise plenty of fish
Hello, i think that i saw you visited my weblog so i came to “return the favor”.I’m
trying to find things to enhance my web site!I suppose its ok to use a
few of your ideas!!
Thanks for some other informative web site. The place else may just I am getting that type of info written in such
a perfect method? I’ve a challenge that I’m just now running on, and I have been on the
glance out for such information.
Hello there, just became aware of your blog through Google, and found that it is truly informative.
I am gonna watch out for brussels. I’ll appreciate if you continue this in future.
Numerous people will be benefited from your writing. Cheers!
I think this is among the most vital info for me. And i’m glad
reading your article. But should remark on some general things, The website style
is perfect, the articles is really excellent
: D. Good job, cheers
My coder is trying to persuade me to move to .net from PHP.
I have always disliked the idea because of the expenses.
But he’s tryiong none the less. I’ve been using Movable-type on various websites
for about a year and am anxious about switching to another platform.
I have heard excellent things about blogengine.net. Is there a way I can import
all my wordpress content into it? Any kind of help would be really appreciated!