The Head of the Republic of Denmark Consulate General in Nigeria has called on global partners, particularly the European Union, to explore investment opportunities in Nigeria’s agricultural value chain.
She made the call during a meeting with Enugu State Governor Peter Mbah, where they discussed mutual economic benefits between Denmark and the state.
However, the Danish envoy emphasized that Nigeria’s agribusiness sector presents vast opportunities for European investors, particularly in livestock value chain development, logistics, and agro-processing.
According to the Organisation for Economic Cooperation and Development (OECD), Denmark is projected to have the fifth-highest growth rate among OECD member countries in 2024. Similarly, the European Commission’s forecast ranks Denmark as having the sixth-highest GDP growth rate among EU nations, with a projected 2.5% growth, inflation below 2%, and a 0.8% employment expansion ratio.
During the bilateral economic talks, the Danish Consul-General underscored the potential benefits of strengthening trade ties between Denmark and Enugu State.
She also revealed plans to attract more Danish investors to key sectors, including agriculture, logistics, waste-to-energy transformation, tractor assembly, and human capital development.
Governor Peter Mbah, in his remarks, reaffirmed Enugu State’s commitment to fostering a business-friendly environment.
He outlined initiatives aimed at easing investment risks, enhancing security, and establishing a Special Agro-Processing Zone to serve as a hub for manufacturing clusters.