Tag
AGRICULTURAL INVESTMENT
Olam Agri plans to invest about $400 million in African food processing through 2028, including the construction of new animal feed mills in Nigeria, Cameroon and Ivory Coast, as the agricultural commodities trader expands its presence across the continent.
The EU-funded Agriculture Financing Initiative (AgriFI) has invested $2.5 million in Tomato Jos Inc. to expand climate-smart tomato production and processing in northern Nigeria.
Mohammed Idris, the Minister of Information and National Orientation, has reiterated the Federal Government’s commitment to lowering the cost of food commodities through massive investments in agricultural production.