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EU Launches Agribusiness Platform to Boost Agricultural Growth

Olusola Blessing by Olusola Blessing
May 24, 2025
in Agriculture&Agro-Allied, News
0
EU  Launches Agribusiness Platform to Boost Agricultural Growth
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The European Union has allocated €510 million for humanitarian aid in Nigeria and other Sub-Saharan African countries, underscoring its commitment to supporting the region’s development and stability. In parallel, the EU officially launched the EU–Nigeria Agribusiness Platform (EUNAP) in Abuja as part of a broader strategy to reposition agriculture as a key driver of inclusive economic growth, investment, and food security in Nigeria.

At the launch event, Massimo De Luca, Head of Cooperation at the EU Delegation to Nigeria and ECOWAS, described EUNAP as a multi-stakeholder digital platform designed to connect essential players within Nigeria’s agribusiness ecosystem. The platform brings together producers, processors, financiers, investors, and policymakers from both Nigeria and the European Union to foster innovation, trade, and financing across strategic agricultural value chains.

De Luca emphasized that the platform is about more than technology; it aims to build bridges that make Nigerian agribusiness globally competitive, sustainable, and inclusive, reflecting the EU’s strong partnership commitment to Nigeria’s agricultural transformation.

The platform is implemented by Agribusiness Register Limited (ARL), whose CEO, Roland Oroh, hailed EUNAP as a game-changing initiative for Nigerian agriculture. Oroh highlighted that the platform facilitates real-time collaboration, drives investment, and tackles key sector challenges, providing the kind of innovation Nigeria’s agribusiness urgently needs.

EUNAP’s launch marks a significant step toward coordinated action and shared value creation, with backing from Nigerian and EU stakeholders. Oroh noted the platform’s potential to unlock new opportunities, expand market access, and mobilize resources that will accelerate Nigeria’s agricultural transformation.

The platform functions as a strategic and digital hub that promotes investment, innovation, and policy dialogue across Nigeria’s agricultural value chains. It aligns with the EU’s commitment to fostering inclusive and sustainable agribusiness growth in Nigeria and aims to generate an estimated €575 million in additional trade value for the sector.

Previously, the platform inaugurated a Technical Steering Committee (TSC) to further boost agribusiness trade and investment links between Nigeria and the 28 EU member states. EUNAP serves as a virtual marketplace, connecting Nigerian agribusinesses with European buyers, investors, and partners through intelligent matchmaking tools and real-time engagement, enabling trade deals and strategic partnerships.

This initiative, alongside the EU’s humanitarian aid funding, reinforces the bloc’s holistic approach to supporting Nigeria’s economic development, food security, and resilience.

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