NADF Collaborates with YAPU Solutions for Climate Finance

The National Agricultural Development Fund (NADF) has entered into a partnership with the German climate fintech company YAPU Solutions GmbH to improve climate-risk management and financing for smallholder farmers in Nigeria. This collaboration was formalized through a Memorandum of Understanding signed by NADF Executive Secretary/Chief Executive Officer Mohammed Ibrahim and YAPU Solutions CEO and Founder Christoph Jungfleisch.

The agreement establishes a framework for collaboration on adaptation and resilience finance, climate-risk assessment, and the utilization of data to enhance agricultural lending. The partnership aims to develop financial mechanisms that assist smallholder farmers in adapting to climate-related risks and will enhance NADF’s capacity to manage climate risks within its agricultural finance portfolio.

Areas of collaboration include climate-risk analytics, data infrastructure, operational frameworks, capacity building, and pilot projects. YAPU Solutions will provide technical expertise and digital tools, while NADF will facilitate operational engagement and participate in pilot initiatives.

The partnership is expected to lead to new financial products tailored to address the risks posed by climate change to agricultural production.