ABUJA, Nigeria, CMC – The St. Kits-Nevis authorities Friday signed a Memorandum of Understanding (MoU) with the Nigeria-based Inexperienced Financial Zone (GEZ) Particular Financial Zone Administration Firm to determine a state-of-the-art Agro Hub Warehouse and Logistics Centre within the Caribbean nation.
A authorities assertion stated the partnership follows a profitable engagement on the Afri-Caribbean Funding Summit (AACIS 25), the place each events explored alternatives to deepen commerce and financial cooperation between Africa and the Caribbean.
The GEZ Agro Hub Warehouse and Logistics Centre is described as a regional gross sales and distribution hub that facilitates the move of agricultural and meals merchandise from Nigeria to the broader Caribbean.
Merchandise will embrace staples resembling rice, maize, and soybean, in addition to value-added items like dairy merchandise, child meals, snack bars, and non-alcoholic drinks, all sourced and processed by way of GEZ’s expansive operations in Nigeria.
“This collaboration represents a big step towards strengthening meals safety, selling South-South cooperation, and positioning St. Kitts and Nevis as an important bridge between African producers and Caribbean markets,” the assertion stated.
“It additionally reinforces the federal government’s dedication to constructing sustainable worldwide partnerships, boosting financial resilience, and creating new alternatives for progress and growth throughout the area,” it added.