In a development that has rekindled their six-year partnership, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending and the Credit Agricole Du Maroc (CAM) have signed a Memorandum of Understanding (MOU) that is geared towards the promotion of inclusive growth and sustainable development of the agriculture sectors of both countries through the facilitation of…
In carrying out its mandate of creating a stronger linkage between segments of Nigeria’s Agricultural Value Chain (AVC) and subsequent AVC-linkage to commercial bank finance, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has facilitated the flow of over ₦73 billion into Nigeria’s Agro Processing industry to date from various sources, including…
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Only a part of the story of NIRSAL Plc’s impact in the Agricultural Finance Value chain is told by N128 billion facilitated for agriculture and agribusiness since inception. In the first place, there are boulders limiting access to finance for actors in the value chain. Creditworthiness, capacity to run a business efficiently, to grow and…
* Gbagolo Integrated Farms Limited, TOAJ Nigeria Limited receive N232m Working Capital Boost The Poultry and Cocoa Value Chains in Cross River State have received a much-needed boost that is expected to generate significant gains for the local and national economies. This follows the issuance of a 50% Credit Risk Guarantee (CRG) and 20%…
*ADT Russet Limited gets support to export 4,000MT of cocoa annually In a move that will help Nigeria benefit from the over $67 billion global cocoa market, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has provided ADT Russet Limited – a Cocoa Bean sourcing and exporting company in Lagos State –…
The partnership will create 110,000 jobs In continuation of delivering on its mandate of providing end-to-end solutions aimed at fixing breakages along the Agricultural Value Chains (AVC) in Nigeria, The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) is partnering with the National Agency for Science and Engineering Infrastructure (NASENI). NIRSAL Plc has…
December 3, 2020, Abuja, Nigeria – In line with its mandate to fix broken agricultural value chains and increase the flow of finance into the sector, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) is championing advocacy for the operationalization of a Secured Agricultural Commodity Transport & Storage Corridor (SATS-C) which is…
*Product will protect farmers from bad weather risks and losses In a move that will have a significant positive impact on agricultural productivity and assured income for farmers at this challenging time, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) in collaboration with Royal Exchange General Insurance Company (REGIC), has developed the…
As part of efforts to improve agricultural productivity and further de-risk Agriculture, the Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) and the Nigerian Meteorological Agency (NiMet) have partnered to ensure Nigerian farmers receive timely agrometeorological information and advisory services for application in their operations. The partnership will focus on the development of…