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flag AfDB approves $2.2 billion for agro-industrial zones in Nigeria to boost food security and agriculture.

flag The African Development Bank (AfDB) has approved a $2.2 billion fund for developing Special Agro-Industrial Process Zones (SAPZ) in Nigeria, with construction set to begin in some states from 2025. flag Initially approved in 2021, the project faced delays but is now progressing. flag The AfDB, alongside co-financiers like the International Fund for Agricultural Development and the Islamic Development Bank, aims to boost food security and agricultural development through agro-industrial hubs and transformation programs.

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