British International Investment, Babban Gona Sign $7.5m Deal to Boost Food Security and More

Category: Economy |
Nigeria TV Info

BII Invests $7.5m in Babban Gona to Strengthen Food Security in Northern Nigeria

British International Investment (BII), the United Kingdom’s development finance institution and impact investor, has announced a $7.5 million debt investment in Babban Gona, a Nigerian agri-tech platform.

The investment aims to enhance food security and build climate resilience for smallholder farmers across Northern Nigeria.

According to BII, the funding will support Babban Gona in expanding its innovative agricultural model, which provides farmers with access to financing, training, and inputs. The goal is to help increase productivity, improve livelihoods, and mitigate the impact of climate change on rural communities.

Babban Gona, which means “Great Farm” in Hausa, has been widely recognized for empowering thousands of smallholder farmers with the tools and resources needed to thrive despite economic and environmental challenges.

The new partnership is expected to strengthen Nigeria’s agricultural sector, reduce poverty levels, and contribute to sustainable food systems in the region.

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