Nigeria Leads African-Arab Trade to Boost Agribusiness

Nigeria Leads African-Arab Trade to Boost Agribusiness

JOEL OLADELE, Abuja

The Honourable Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has called for deeper trade collaboration between African and Arab Nations, stressing the importance of value-added Agribusiness and industrial partnerships for regional growth.

Speaking in Abuja at the Agribusiness Matchmaking Forum ahead of the AATB Board of Governors Meeting, the Minister said the shifting global economy makes it essential for African and Arab nations to rely more on regional cooperation, investment and shared markets.

He highlighted projections showing Arab–African trade could grow by more than $37 billion in the next three years and urged partners to prioritise value addition rather than raw commodity exports. He noted that Nigeria’s growing industrial base and upcoming National Single Window reforms will support efficiency, investment and private-sector expansion.

“This is a moment to turn opportunity into action. By working together, we can build stronger value chains, create jobs and support prosperity across our regions,” Edun emphasized

As African and Arab nations embark on this journey of deeper trade collaboration, the potential for growth and development is vast. With a shared vision and commitment to value-added partnerships, we can unlock new opportunities, drive economic growth, and create a brighter future for our people.