The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, has called for deeper trade collaboration between African and Arab nations, highlighting the importance of value-added agribusiness and industrial partnerships for regional growth.

Speaking at the Agribusiness Matchmaking Forum ahead of the AATB Board of Governors Meeting, the Minister stressed that the shifting global economy makes it essential for African and Arab nations to rely more on regional cooperation, investment, and shared markets.

Edun cited projections indicating that Arab–African trade could grow by more than USD 37 billion in the next three years, urging partners to prioritise value addition over raw commodity exports. 

He stated that Nigeria’s expanding industrial base and the upcoming National Single Window reforms will support efficiency, attract investment, and drive private-sector expansion.

“This is a moment to turn opportunity into action. By working together, we can build stronger value chains, create jobs, and support prosperity across our regions,” Edun said.

The Minister highlighted that agribusiness and industrial partnerships are pivotal for job creation, economic growth, and sustainable development across African and Arab nations.

By focusing on value-added trade, countries can transform raw materials into higher-value products, enhancing competitiveness and fostering regional prosperity.

Source: FMINO