The Feed the Future Nigeria Agribusiness Investment Activity aims to strengthen the enabling environment for agribusiness finance and investment with a focus focusing on the following five key value chains : rice, cowpea, soy, maize and aquaculture.
namely, Benue, Kaduna, Niger, Kebbi, Delta, Ebonyi, and Cross River. The overall objective of the Activity is to measurably improve the agribusiness investment climate, which plays a pivotal role in attracting foreign direct and domestic investment, leading to food security and improved nutrition for all Nigerians.
and (iv) sustainably enhancing the performance of agribusiness micro, small and medium size enterprises (MSMEs). In line with the U.
S. and Nigerian governments’ commitment to growing the non-oil-based economy, these efforts will increase the depth, breadth, dynamism, and competitiveness of Nigeria’s agribusiness sector.
Beginning in December 2018 and closing in 2023, this $15.6 million project aims to upgrade and facilitate thousands of linkages between small and medium enterprises (SMEs), including producer organizations, and high-performing commercial actors in the target value chains.
As a result of streamlined regulations, more effective policies, improved production and processing practices, and significantly increased finance and investment flows, the Activity will increase the competitiveness and returns of both large and small sale agricultural enterprises.
Employing a value chain approach, the Agribusiness Investment Activity aims to facilitate $100 million in new lending and $100 million in new investment.
General Responsibilities :
The Chief of Party will be responsible for the overall management of the activity and should possess leadership, communication, and management skills necessary to develop, articulate, and implement a vision for the Activity.
The Chief of Party will be responsible for meeting the following objectives :
1) Promotion of smart and efficient policy and regulations within the agricultural finance sector,
2) Mitigation of credit risks of agribusinesses and improvement in the services provided by financial institutions to agribusinesses, and
3) Strengthen the readiness of agribusinesses to access and manage investments.
Duties and responsibilities :