Africanian
  • Home
  • News
  • News 24/7
  • Business
  • Sports
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
  • Home
  • News
  • News 24/7
  • Business
  • Sports
  • World
    • US
    • Russia
    • Europe
    • Asia
    • America
  • Events
No Result
View All Result
Africanian
Home News

Nigeria invests $538 million to transform Cross River into an agro-industrial hub

These types of special zones represent a crucial lever for Africa, where over 60% of the population depends on agriculture, yet much of the production remains informal.

Nigeria invests $538 million to transform Cross River into an agro-industrial hub
Share on FacebookShare on TwitterShare via Whatsapp

Nigeria has launched a crucial driver in Africa’s industrialization process with the groundbreaking of a Special Agro-Industrial Processing Zone (SAPZ) in Cross River State. This initiative, led by Vice President Kashim Shettima and the President of the African Development Bank (AfDB), Dr. Akinwumi Adesina, is more than just an agricultural boost—it is a replicable model of structural transformation poised to accelerate rural industrialization across the continent.

With an initial investment exceeding $500 million and a strategic infrastructure network including ports, power grids, and research centers, the Cross River SAPZ serves as a living laboratory for developing agro-industrial value chains in Africa. From cocoa processing to cassava transformation, the 130-hectare hub in Adiabo will turn raw materials into high-value products, reduce reliance on imports, and strengthen Nigeria’s position in global export markets.

AfriLabs Secures $150,000 Unrestricted Grant from Airbnb Community Fund to Boost Innovation in Africa

These special zones are a vital lever for Africa, where over 60% of the population depends on agriculture, yet much of the production remains informal and of low market value. SAPZs offer a modern, sustainable alternative: linking primary production to industrial hubs, creating ecosystems for private investment, and revitalizing rural economies. “These zones are a direct path to industrialization without leaving rural communities behind,” said Adesina, noting that the model has already attracted $2.2 billion in investment interest for expansion across 28 Nigerian states.

The vision extends beyond Nigeria. The African Development Bank has committed over $900 million to develop SAPZs in 11 African countries. The approach combines public-private investment with technical training, market access, and environmental sustainability. In Cross River, the SAPZ is backed by the Nigerian Cocoa Research Institute, the University of Calabar, and IFAD’s LIFE-ND program, which has already empowered 26,000 young people and women entrepreneurs in the Niger Delta.

If scaled coherently, this agro-industrial model could reshape Africa’s economic future. As Nigeria’s Minister of Agriculture Abubakar Kyari stated, “Investing in agro-industry is investing in the future of our communities.” The Cross River SAPZ is not merely a national milestone—it is a launching point for an Africa that transforms its natural resources into industrial prosperity and global economic leadership.

RelatedPosts

Moov Africa Burkina Breaks Ground on New Headquarters in Ouagadougou

Moov Africa Burkina Breaks Ground on New Headquarters in Ouagadougou

February 4, 2026
MTN Ghana Commits $2 Million to Train a New Generation of Coders

MTN Ghana Commits $2 Million to Train a New Generation of Coders

February 2, 2026
Mozambique Deploys Drones to Guide Rescues as Floods Ravage the South

Mozambique Deploys Drones to Guide Rescues as Floods Ravage the South

January 31, 2026
Morocco Advances Climate Transition as AfDB Awards $1m Green Finance Grant

Morocco Advances Climate Transition as AfDB Awards $1m Green Finance Grant

January 31, 2026
Madagascar Launches Free 15-Month Digital Skills Training for 1,300 Youth

Madagascar Launches Free 15-Month Digital Skills Training for 1,300 Youth

January 30, 2026
South Africa Expands Digital Access for Learners With New Computer Lab

South Africa Expands Digital Access for Learners With New Computer Lab

January 29, 2026
Egypt Brings Free Tech Training to Upper Egypt in Bid to Expand Opportunity

Egypt Brings Free Tech Training to Upper Egypt in Bid to Expand Opportunity

January 28, 2026
Nigeria Turns to Youth and Technology to Rebuild Farming for a Hotter Age

Nigeria Turns to Youth and Technology to Rebuild Farming for a Hotter Age

January 27, 2026
Dreams Hub Showcases Equatorial Guinea’s Creative Vision at FITUR

Dreams Hub Showcases Equatorial Guinea’s Creative Vision at FITUR

January 24, 2026
Africanian News Is a dedicated project aimed at amplifying the voices of the African Ecosystem and Diaspora. We actively collaborate with initiatives to improve access to education and digital inclusion, both in traditional schools and through digital platforms, for African children.

It’s crucial to emphasize that none of the articles or images featured on our platform are intended for copyright infringement, neither now nor in the future.
If you believe that any information, text, image, etc., may be subject to copyright and should be removed, please notify us by sending an email to: [email protected]

News Categories

  • Agriculture (3)
  • America (39)
  • Asia (131)
  • Business (1,247)
  • Culture (232)
  • Destinations (210)
  • Education (5)
  • Europe (154)
  • Food and Drink (14)
  • Guides & Tips (20)
  • Health (633)
  • Hotels (5)
  • Meetings and Tech (367)
  • News (2,562)
  • Opinion Piece (12)
  • Russia (73)
  • Science (62)
  • Sports (316)
  • Style (4)
  • Travel (145)
  • US (107)
  • World (425)

Your dreams matter; your stories matter.

Feel free to explore collaboration opportunities with us. Share your articles, thoughts, interviews, experiments, or no-comment videos by reaching out to [email protected].

You can also subscribe to our mailing list to receive the latest updates from Africanian News.

Newsletter

© 2025 Africanian News.

Log In

Sign In

Forgot password?

Don't have an account? Register

Forgot password?

Enter your account data and we will send you a link to reset your password.

Back to Login

Your password reset link appears to be invalid or expired.

Log in

Privacy Policy

Accept

Add to Collection

  • Public collection title

  • Private collection title

No Collections

Here you'll find all collections you've created before.

No Result
View All Result
  • Home
  • News
  • Business
  • Sports
  • Meetings and Tech
  • World

© 2025 Africanian News.