A quadripartite partnership has been inked between Farmforte Limited, the Agricultural Fresh Produce Growers and Exporters Association of Nigeria (AFGEAN), HYBR, a pan-African Innovation firm, and ALTS, a consulting and strategy development firm to boost agriculture in Nigeria.
The Memorandum of Understanding (MOU) signed is set to strengthen common interest cooperation and stimulate inclusive and sustainable growth within the agricultural sector, by capitalising on the synergy and comparative advantage offered by each organisation.
“Our mid to long term strategic goals are further reaffirmed, as this partnership will facilitate the sharing of knowledge, ideas, and expertise across the agricultural sector. We will collectively address initiatives and approaches concerning agricultural investments, food security, and the overall robustness of the value chain. This collaboration will also unlock the full potential of the sector and place it on a renewed path for success, especially within a post-pandemic economy,” said Co-Chief Executive Officer, Farmforforte Osazuwa Osayi during the signing ceremony.
Innovative agricultural solutions
According to the Co- CEO, as agriculture plays an increasingly critical role in the sustainable growth and development of Nigeria’s economy, there is a greater need to accelerate the development of innovative agricultural solutions to propel the industry’s exponential growth.
“By creating dialogue and fostering investment in the horticulture sector, this partnership will endeavor to support Farmforte in its exporting efforts by improving operational efficacy and cost-savings, while ultimately driving socio-economic growth in the country,” said President of AFGEAN, Tajuddeen Dantata.
Chief Executive Officer, HYBR, Charles Ojei noted that the partnership combines a depth of experience in innovation, strategy, policy, and value chain development to help design and build solutions that will drive true transformation in the agricultural sector.
“To drive inclusion, sustainability, job creation, and Nigeria’s overall economic growth, the optimisation of the agriculture value chain is critical. This collaboration is a fusion of the complementary capabilities of all partners to move a bigger agenda forward,” said Mr. Charles.
Also on his part the Managing Partner, ALTS, Akintunde Sawyerr, said: “The goal of this partnership is to support Farmforte’s vision of becoming the largest agribusiness by 2035 via scalable and world class innovation across its enterprise.”
