HomeBusinessFG opens $1bn AfCFTA fund for exporters

FG opens $1bn AfCFTA fund for exporters

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The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a $1bn AfCFTA Adjustment Fund Credit Facility designed to boost production, competitiveness, and intra-African trade.

The Minister of Industry, Trade and Investment, Jumoke Oduwole, disclosed this on Tuesday during the second-quarter 2026 meeting of the AfCFTA Central Coordination Committee held in Abuja.

According to a statement issued by the ministry’s Head of Press and Public Relations, Obilor-Duru Augustina Okechi, Oduwole said the financing facility represented a major opportunity for Nigerian businesses seeking to expand operations, modernise production processes, and increase exports to African markets.

The statement read: “The Federal Government has reaffirmed its commitment to accelerating Nigeria’s export-led growth agenda under the African Continental Free Trade Area, unveiling opportunities for businesses to access a US$1 billion AfCFTA Adjustment Fund Credit Facility aimed at boosting

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