Meda to create 8,000 jobs, boost agri-food value chains

The Mennonite Economic Development Associates (Meda) plans to generate 8,000 jobs while enhancing agri-food value chains in Nigeria.

In a recent announcement, Meda has outlined its initiative to create 8,000 jobs and strengthen the agri-food sector's value chains. This effort aims to support economic growth through agricultural development. The project focuses on boosting productivity and employment opportunities within Nigeria's farming communities. Details on the implementation timeline and specific regions remain forthcoming, but the commitment underscores Meda's role in sustainable development.

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Bassel Rahmy, CEO of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), stated the agency directed 45% of its total financing, amounting to EGP 18.7bn, to projects owned or managed by women from July 2014 to December 2025. This supported around 934,000 projects across agricultural, industrial, productive, service, and commercial sectors, creating about 1.3 million job opportunities.

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Ethiopia's Agriculture Minister Adisu Arega stated that the agricultural sector is playing a key role in efforts to build a job-creating non-subsistence economy. He visited wheat production sites in Oromia region's East Shewa zone, Adaa woreda. The agricultural transformation is registering encouraging results.

Egypt's Ministers of Investment and Foreign Trade, Industry, and Labour held two high-level meetings with key industry stakeholders to strengthen the competitiveness of the pharmaceutical and ready-made garments sectors, increase exports, and deepen local manufacturing.

AI द्वारा रिपोर्ट किया गया

Bassel Rahmy, chief executive of the Micro, Small and Medium Enterprise Development Agency (MSMEDA), announced that 40 companies have applied for the agency's classification certificate for innovative startups, enabling access to a wide range of government services, incentives, and supportive legislation. Rahmy stated that this move reflects growing interest among entrepreneurs in formalizing their status to benefit from state-backed facilitation measures for micro, small, and medium enterprises (MSMEs).

 

 

 

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