World Bank launches new scheme for smallholder farmers, to double agribusiness investment to $9bn

[NigerianEye - Nigeria] - 18/10/2025
The World Bank has launched ‘AgriConnect’, its flagship initiative meant to boost agriculture and assist smallholder farmers in moving from subsistence to surplus. Ajay Banga, president of the World Bank Group, spoke on Friday during the annual meetings of the International Monetary Fund (IMF)/ World Bank in Washington DC, the United States. Banga said AgriConnect is the bank’s new initiative to turn small-scale farming into an “engine of lasting growth, jobs, and food security”. The president said the initiative builds on the ecosystem around cooperatives that would integrate financing (…)
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