In order to increase food security and climate resilience for smallholder farmers in Northern Nigeria, the British International Investment (BII), the UK’s development finance organization, announced on Tuesday a $7.5 million (about 11.4 billion) debt investment in the Nigerian agri-tech platform Babban Gona.
Fifty to sixty percent of Nigeria’s maize is produced in the north, but smallholder farmers there continue to confront obstacles that restrict their output and earnings.
Many grow on small parcels of land with little access to stable markets, high-quality inputs, financing, and agronomic training. Growing susceptibility to climatic hazards like droughts and floods exacerbates these limitations and puts yields and income stability at even greater danger.
By offering smallholders full end-to-end services through its AI-powered platform, including premium agricultural inputs, financial credit, training on climate-smart practices, and assistance with harvest, storage, and market access, Babban Gona’s offering aims to remove these structural barriers.
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