A4S and Natari Plan Over $50M Investment in Nigeria

Agricultural technology company A4S and investment firm Natari have announced plans to invest over $50 million in Nigeria, aiming to establish the country as a central hub for their African operations. This announcement was made during the Nigerian launch of their expanded partnership, which also includes Providus Bank and is supported by Afolabi Kehinde Oke, Ambassador of the African Union 6th Region.

The partnership focuses on linking agricultural technology, productive assets, finance, processing, and markets. Olugbile Erinwusi, Chief Risk Officer of Providus Bank, indicated that the financial commitment to Nigeria could exceed $20 million, emphasizing the significant growth opportunities in the region.

Providus Bank is also developing a technology platform to facilitate payments and collections for the partnership. Esini Orji Ibiam, Natari’s Regional Director, described Nigeria as a key area for investment, highlighting its role in the group's multi-country operations.