Islamic Dev't Bank, Int'l Fund for Agri Dev't boost Nigeria's food production with $800 million
Published 20 Jul,2021 via BizWatchNigeria - The African Development Bank (AfDB), International Fund for Agricultural Development (IFAD) and others have pledged to spend $800million to boost food production.
Other institutions who are part of the commitment to reduce poverty, end hunger and increase resilience to climate change in rural communities in Nigeria include Bank of Industry (BoI) and Islamic Development Bank (ISB).
AfDB said it was ready to spend $500 million to drive the Special Agro-Industrial Processing Zones (SAPZ) project aimed at raising the productivity and competitiveness of the country’s agriculture sector.
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