GBfoods Africa has committed $10 million in seed funding to launch GBHub Africa, an impact-driven initiative dedicated to enhancing both Nigeria’s and Africa’s food value chain.
The investment aimed to enhance nutrition, address food security challenges and create sustainable jobs for youth and women.
Speaking at the launch yesterday in Abuja, executive-director of GBHub Africa, Nelson Madiba Amo explained that the hub investment areas will include; organic fertilizer production, feed production, block farming, value chain industrialisation, sustainable packaging solutions, packaging waste management and start-up and MSME support.
He said Nigeria was selected as the starting point for GBHub Africa’s operations due to its pivotal role in Africa’s economic and demographic landscape.
“GbFood Africa is launching this new vehicle, HubAfrica, to make a deliberate and sustainable impact in the communities where we operate.
We are looking at various points along the food value chain, from primary production to value addition, market access, and even inputs into farming itself.
Our goal is to invest in every link to ensure food produced does not go to waste, farmers have fair market access, and processing capacities are expanded”, Amo said.
Managing director of GBfoods Nigeria, Vincent Egbe, stressed the strategic importance of developing agricultural ecosystems locally to ensure sustainable input supplies for factories.
Egbe noted that GBfoods Nigeria has invested over N120 billion in the country over the past seven years and plans to inject an additional N25 billion this year.
“GBfoods is almost 90 years old globally and has been in Nigeria for about eight years, our success is based on a foundation of faith, long-term shareholder commitment, and belief in Nigeria’s pivotal role in Africa’s future prosperity.” he said.
CEO of GBfoods Africa, Vicenç Bosch, outlined GBfoods’ dual pillars of localisation focusing on local recipes, talent and sourcing and sustainability, which spans nutrition, environmental stewardship and social impact.
“For us, profit is not only financial returns but also creating lasting social value, GBHub Africa enables us to go beyond company boundaries to invest in projects with measurable societal impact,” Bosch added.
Earlier in his remarks, the minister of agriculture and food security, Abubakar Kyari applauded the initiative as a “beacon of hope” for Nigeria’s farming communities and economy.
Kyari called for stronger collaboration between the government, private sector and civil society to achieve lasting impact in agricultural transformation.
“The launch of GB Hub Africa is not just a project; it is a commitment to transform Nigeria into a self-sufficient powerhouse of agricultural production,” he said.
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