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SPECIAL AGRO-INDUSTRIAL PROCESSING ZONES
The Federal Government has secured a renewed funding commitment from the African Development Bank (AfDB) to scale up the second phase of the Special Agro-Industrial Processing Zones (SAPZ).
Nigeria has committed $538.05 million to the first phase of its Special Agro-Industrial Processing Zones (SAPZ) programme and unveiled a youth-driven 10-year Strategic Action Plan (2026–2035) to transform its agricultural sector, according to Vice President Kashim Shettima.
The Special Agro-Industrial Processing Zones Nigeria project has secured investment interests to the tune of over $2.2 billion at the just concluded Africa Investment Forum in Rabat, Morocco.
SAPZs will create 8 agro-industrial processing hubs, 15 Agricultural Transformation Centers, and 2,300 hectares of irrigated lands
The AfDB is designing youth entrepreneurship investment banks in Nigeria and 12 other African countries to create wealth in the continent.
The African Development Bank (AfDB), has budgeted the sum of $110 million to fund projects under the Special...
The loan will be channelled to funding Special Agro-Industrial Processing Zones (SAPZ) in Kogi State.
The first phase, set to kick off soon, will involve 7 states: Ogun, Oyo, Imo, Cross River, Kano, Kaduna, Kwara, and the FCT.
The AfDB has reiterated its support for the agricultural sector by collaborating with the Federal Ministry of Agriculture and Rural Development to create Agro-processing zones in the country.