Inclusive economic growth for West Africa
WHERE WE WORK
The Feed the Future West Africa Trade and Investment Hub Activity is based in Abuja, Nigeria, with satellite offices in Lagos, Nigeria; Dakar, Senegal; and Abidjan, Côte d’Ivoire.
The Feed the Future West Africa Trade and Investment Hub Activity aims to catalyze economic growth in West Africa utilizing a market-based approach.
The Trade Hub will attract private finance and investment, build links among businesses and supporting institutions, and strengthen the agricultural and trade sectors in Nigeria, Senegal, Côte d’Ivoire, Ghana and other countries in the region.
The Trade Hub launched in September 2019 and will continue through September 2024.
It will administer $60 million in co-investment funds and provide technical assistance for West African businesses to attract investment and grow productive business relationships with other African and U.S. companies. The Trade Hub is expected to spark more than $200 million in private sector investment and create tens of thousands of jobs.
The Trade Hub will maximize sustainability via partnerships, catalyze commercially viable investments, leverage local innovation, maintain security and conflict sensitivity, deliver a sustainable technical assistance program that serves as a road map to self-reliance and integrate gender and youth into design and implementation.
As part of Feed the Future, the U.S. Government’s global hunger and food security initiative, the Trade Hub focuses in particular on expanding Nigeria’s agricultural sector through technology and best practices in production to increase profits of smallholder farmers and strengthen value chains for aquaculture, maize, rice, soybean and cowpea, among others.
The Feed the Future West Africa Trade and Investment Hub Activity is funded by the U.S. Agency for International Development.
THE TRADE HUB IS CENTERED ON:
Catalytic growth: The Trade Hub aims to address market gaps and stimulate commercial investment and new commercial linkages that add to—not substitute for—other types of available financing.
Market-driven development: The Trade Hub will Increase competitiveness by improving value chain actors’ performance and developing new revenue opportunities and helping them reduce costs.
Systems change: By facilitating linkages across market systems via co-design, the Trade Hub will structure partnerships across investors, agribusinesses, incubators, and government.