U.S Launches $2 million Partnerships with two Local Agribusinesses to Boost Agriculture in Nigeria

The U.S. Agency for International Development (USAID) has launched two new partnerships with local agribusinesses: Babban Gona and Hello Tractor.

The partnerships highlights the U.S. government’s agricultural and private sector strategy and promotes the development of Nigeria’s agriculture sector.

The $2 million two-year partnership is expected to increased access to smart tractors, improved seeds, and profitable markets for over 45,000 smallholder farmers across seven states and the Federal Capital Territory.

During the ceremony, attended by the Minister of Agriculture, Audu Ogbe at the U.S. Embassy, Deputy Chief of Mission Maria E. Brewer described the partnership as a co-investment in public goods.

“Innovation and entrepreneurship hold the key to unlocking Nigeria’s agriculture potential, and the U.S. government will continue to provide support in this direction,” Brewer said.

Through these partnerships, USAID addresses development and business challenges by increasing access to improved agricultural inputs and mechanization, better quality technical advisory services, and expanding market opportunities for smallholder farmers.

These partnerships capitalize on the untapped potential of youth in agriculture and help build the capacity of young entrepreneurs to help grow their businesses, create secure jobs, and boost economic growth in Nigeria.

 

About Feed the Future

Feed the Future was born out of the belief that global hunger is solvable.  As the U.S. government’s global hunger and food security initiative, Feed the Future is transforming lives toward a world where people no longer face the agony and injustice of extreme poverty, malnutrition, and hunger.  To achieve this goal, Feed the Future agencies work hand-in-hand with partner countries to develop their agriculture sectors and break the vicious cycle of poverty and hunger.

 

Like What You Just Read? CLICK TO DOWNLOAD THE AGRICULTURAL BUSINESS ANDROID APP


Was This Post Helpful:

1 votes, 3 avg. rating

Share:

Agri Report

Like What You Just Read? CLICK TO DOWNLOAD THE AGRICULTURAL BUSINESS ANDROID APP