Market News
African Development Bank seeks $2.2 billion to support Nigeria's agriculture - REUTERS
LAGOS, April 8 (Reuters) - The African Development Bank is mobilising $2.2 billion to develop agricultural processing zones in 28 states in Nigeria to boost food security and create jobs, the bank's president Akinwumi Adesina said on Tuesday.
Adesina was speaking in northern Kaduna state while launching the first phase of the initiative that is targeting five states. This phase is being bankrolled by more than $500 million that was first announced in 2022.
