A Liberian delegation led by Deputy Minister of Agriculture, David Akoi, visited Nigeria’s National Agricultural Development Fund (NADF) to learn how its financing model supports agro-SMEs and drives rural enterprise growth.
The team, which had earlier toured farms in Kano and Jigawa, examined NADF’s structure—70% debt, 20% equity, and 10% split between grants and emergency support.
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NADF Executive Secretary, Mohammed A. Ibrahim, explained that the Fund operates as a wholesale lender with a mandate covering crops, livestock, aquaculture, and the blue economy, balancing commercial returns with social impact.
The insights gained will guide Liberia in setting up its own Agricultural Enterprise Development Bank to strengthen SME financing, boost productivity, and create rural jobs.
