Maureen Okpe
The UK’s development finance institution, British International Investment (BII), has announced a strategic $7.5 million investment in Babban Gona, a leading Nigerian agricultural enterprise.
This investment underscores the UK’s commitment to supporting food security, creating jobs, and strengthening economic resilience within Nigeria’s agricultural sector.
Read Also:European Union, International IDEA Launch EU CSO-Bridge Project to Strengthen Civil Society
The investment, according to a statement by the British High Commission on Thursday, was highlighted during a four-day visit by UK Trade Envoy to Nigeria, Florence Eshalomi MP, who engaged in high-level meetings and strategic dialogues aimed at fostering collaboration and driving inclusive economic growth.
The visit marked a significant step forward in the UK-Nigeria Enhanced Trade and Investment Partnership (ETIP), focusing on unlocking new opportunities in fintech, manufacturing, and agriculture.
UK Trade Envoy also met with senior executives from prominent Nigerian companies, exploring opportunities for financial sector ties and capital market engagement via the London Stock Exchange.
Florence Eshalomi MP emphasized the UK’s pride in being a strategic partner in Nigeria’s growth journey, committed to supporting Nigerian businesses as they scale globally and ensuring the partnership delivers real, inclusive impact.
Read Also: UK Minister for Africa Visits Nigeria to Strengthen Strategic Partnership
The visit concluded with a strong UK presence at GITEX Nigeria 2025, where the Trade Envoy moderated a panel on Nigeria’s fintech revolution, and introduced Nigerian tech founders to the UK’s Global Entrepreneurs Programme, showcasing investment opportunities and support for future Initial Public Offerings (IPOs).