The primary aim of the CBN Agribusiness Infrastructure Investment Working Group, is to strengthen Africa’s Agribusiness infrastructure in a sustainable manner, by mobilizing private capital allocations and finance for investable Agribusiness investment opportunities, and to highlight policy bottlenecks and solutions, to attract long-term private capital to the continent’s Agribusiness industry.
The Working Group’s activities are designed to build on and compliment the African Union Development Agency’s (AUDA’s) investment initiatives, championed through Grow Africa, Move Africa, the African Infrastructure Investment Guarantee Mechanism (AIGM) and the Co-Guarantee Platform (CGP) housed at the African Development Bank (AfDB).
The Working Group will collaborate widely with investors and stakeholders, to crowd-in domestic and international capital and blended finance, to build and sustain an investable, globally competitive and investment friendly, Pan-African Agribusiness sector that supports Agenda 2063, the SDG’s and the AfCFTA.
The Working Group aims to leverage the 5% Infrastructure Investment Agenda and the nexus between Infrastructure, Energy and Agribusiness to achieve its goals.
- Agriculture infrastructure and value chain investment
- Agro Industrial and fast moving consumer goods (FMCG) related companies
- Special Agro Industrial Processing Zones (SAPZ)
- ECA (Export Credit Agency) backed trade and Commodity Finance Loans
- Agribusiness supportive logistics businesses
- Energy transactions linked to the Agribusiness industry
Working Group members will comprise of accomplished Agribusiness finance and investment authorities, with regional and global expertise, and with experience and track records mobilizing and deploying capital to Africa’s Agribusiness industry.
The Working Group will be coordinated by the CBN Secretariat, with updates and outputs routinely being presented to the CBN Council for review, endorsement and implementation.
The Working Group’s Policy Statement and Roadmap, will be the guiding instrument for the CBN Council’s engagement with public sector stakeholders and leaders on the CBN’s work in the Agribusiness sector.