Thursday
December 16
2021

AFEX Launches $100 Million Food Security Fund To Boost Smallholder Farmers

Nigeria’s commodity firm, AFEX has launched a new $100 million Fund over a 10-year period to support smallholder farmers.

In a statement issued on Thursday, the company said the fund would strengthen food security in Africa, noting that three million metric tonnes (MT) of food would be produced annually on the continent.

Source: Inside Business Nigeria (link opens in a new window)

Categories
Agriculture
Tags
agribusiness, agriculture, food security, funding, smallholder farmers