In order to strengthen Nigerian farmers and agricultural entrepreneurs, the “Business of Agriculture Masterclass” is scheduled for September 17–19, 2024. In addition to other industry professionals, the masterclass will include well-known lecturers like Bamidele Aiyemibo and Ikechi Agbugba, offering a thorough curriculum. The conference’s main topics will be financial management, market trends, and cutting-edge agricultural methods. With sessions on Agri-finance and the African Continental Free Trade Area (AfCFTA), it’s geared toward people who work in or are interested in the agricultural industry.
While the AfCFTA session will examine trade potential and market access for agribusinesses throughout Africa, the AgriFinance segment will address subjects like sourcing capital, financial planning, and risk management. One can register online for the masterclass, which will be held on Zoom every day from 9:00 a.m. to 5:00 p.m. Through the provision of useful insights and expertise, the “Business of Agriculture Masterclass,” scheduled for September 17–19, 2024, aims to empower Nigeria’s agricultural sector.
The course will cover risk management and financial planning techniques.
AgriFinance and the African Continental Free Trade Area (AFCFTA) comprise the two main sessions of the masterclass. Important financial elements of agriculture will be covered in the AgriFinance session. The course will cover risk management and financial planning techniques, as well as the range of funding choices that are accessible, including grants, loans, equity investments, and crowdsourcing. The knowledge and skills gained from this workshop will help farmers and agribusiness owners obtain funding, effectively manage their capital, and expand their enterprises.
To illustrate the financial prospects in the sector, The Central Bank of Nigeria (CBN) of Nigeria disbursed about ₦1.7 trillion under the Anchor Borrowers’ Programme. The significance of risk management, particularly in an industry vulnerable to market and climate change, will also be emphasized during the discussion. The AfCFTA session will be the second main emphasis, where participants will investigate how to take advantage of the trade framework created by the AfCFTA to gain access to new markets throughout Africa.
Certificates of participation will be given to masterclass participants.
Agribusinesses stand to gain a great deal from the AfCFTA’s predicted 50% increase in intra-African commerce, which will allow them to expand their operations and reach a larger market. The session’s main topics will include Export preparedness, strategic trade practices, and methods for adhering to laws governing cross-border trade. Nigeria has a huge potential for agricultural exports because of the strong demand for goods like cashew, cocoa, and Sesame on global markets. Experts in the discipline, Bamidele Aiyemibo and Ikechi Agbugba are the lead faculty members.
While Ikechi Agbugba is a well-known agribusiness lecturer and trade specialist with substantial understanding in agricultural markets and international commerce, Bamidele Aiyemibo is an accomplished agricultural economist, business consultant with more than 20 years of experience in agribusiness development. Participants will have a thorough understanding of how to negotiate the difficulties of the agriculture sector thanks to their combined skills and the input of other industry professionals. Certificates of participation will be given to masterclass participants, enhancing the legitimacy of their education.
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Attendees will also have plenty of opportunity to network with colleagues, business leaders, and possible Investors in the field. By fostering partnerships and collaborations, this networking may assist participants grow their agriculture endeavours. The master class is perfect for anyone interested in learning more about the business side of agriculture, including small-scale farmers, agribusiness owners, and agricultural entrepreneurs. The event will be especially helpful for Agri-tech entrepreneurs that want to innovate in the industry. The event is especially appropriate for people who are keen to seize chances, expand their businesses, and reach new markets throughout Africa, given the potential for growth in Nigeria’s agricultural industry.