Sierra Leone Telegraph: 26 January 2021:
The USAID-funded West Africa Trade & Investment Hub has announced its first co-investment project with Stichting Cordaid (Cordaid), managed by Cordaid Investment Management B.V. (CIM), to increase access to finance by small and medium sized enterprises (SMEs) and microfinance institutions (MFIs) in Burkina Faso, Guinea, Mali, and Sierra Leone.
This two-way trade in the fragile Sahel region of West Africa aims to combat high rates of poverty, unemployment, conflict, and desertification through private sector investments, targeting both women and youth.
Because of this public-private partnership, the co-investment will generate up to $37 million of new private investment into these countries to support local economies, create over 20,000 direct and indirect jobs, and increase the value of exports over the duration of the activity by $30 million.
By EricJames Ochigbo
Abuja, Jan. 21, 2021 Gov. Godwin Obaseki of Edo, says the focus of his administration is to attract investors into the oil palm and cassava sub-sectors for the manufacturing of Consumer Packaged Goods (CPG).
Obaseki stated this during a virtual meeting with U.S. Ambassador to Nigeria, Mary Beth Leonard, and some foreign and local agribusiness investors in Abuja.
Also in attendance included the U.S. Consul General, Claire Pierangelo, U.S. Embassy Economic Officer, Richard Michaels, and U.S. Embassy Political Officer, Brandon Hudspeth.
The meeting was held as part of the activities marking the inauguration of the new U.S. President, Joe Biden, and Vice-President, Kamala Harris.
Obaseki woos U.S. Govt, private sector for direct investments in agriculture
On
…pledges allocation of 5000 hectares of land to California based agro firm in Edo
By Levinus Nwabughiogu-Abuja
To further strengthen the economy of the state, Edo State Governor, Godwin Obaseki has engaged the United States government in the oil palm and cassava sub-sectors of the state for the manufacturing of high-value Consumer-Packaged Goods (CPG).
The governor is also partnering with the private sector for optimal actualisation of the objective.
Obaseki unveiled the plan at a virtual meeting with U.S. Ambassador to Nigeria, Honorable Mary Beth Leonard and some foreign and local agribusiness investors in Abuja on Thursday.