The National Agricultural Development Fund (NADF) has positioned itself as a key driver of private investment in Africa’s agricultural infrastructure. This was during a high-level roundtable on the Africa Food Corridors Initiative in Dakar, Senegal. The event was hosted by AGRA Africa Board Chair, Hailemariam Dessalegn, and the UK Minister for Africa, Collins of Highbury. Discussions focused on mobilising support for the transformative ‘Project X’, designed to boost continental and global food trade connectivity.
NADF Executive Secretary Mohammed A. Ibrahim underlined the Fund’s role in creating the right conditions for private capital inflows. “The NADF is committed to de-risking private sector investment to unlock crucial capital for Africa’s agri-food markets,” he said.
He explained that the Fund is structured to provide financial guarantees and technical support. These measures are aimed at making large-scale projects more attractive to both domestic and international investors.
Mr Ibrahim also spoke on the importance of collaboration. “We must strengthen cooperation between development finance institutions, commercial banks, and governmental agencies to build commercially viable agricultural infrastructure,” he stated.
He added that innovative financing mechanisms are essential for constructing resilient food systems. Such systems, he noted, would not only meet Africa’s growing domestic needs but also expand trade opportunities globally.
Senator Kyari and other participants also underscored the importance of aligning public and private financing to ensure sustainable growth in Africa’s agricultural sector.
The roundtable positioned the NADF as a central player in driving agricultural development, food security, and sustainable investment across the continent.