June 16th to 18th 2021,  Landmark Centre in Lagos, Nigeria  +44 (0) 2476 158099

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Food and Beverage West Africa postponed until 2021

As highlighted in previous communications, the BtoB Events Ltd team have been carefully monitoring the situation regarding the pandemic and the effects that it will have on the hosting of the Food and Beverage West Africa Exhibition. Despite the outlook in Nigeria being rather encouraging, with the case numbers reducing on a daily basis and the international airport opening earlier this month the global picture is not quite as promising.

We recently introduced a survey for our all of our exhibitors and partners requesting their feedback and preference with regards to when to host the next edition of FAB West Africa. The feedback we receive is absolutely paramount to us, and over 90% of exhibitors confirmed that they would prefer for the exhibition to take place in 2021 as opposed to December 2020. We have therefore decided that the correct decision is to postpone the FAB West Africa exhibition to new dates in 2021.

The new dates for the exhibition will be June 16th – 18th 2021, at the Landmark Centre, Lagos, Nigeria.

These new dates provide us with enough time to feel absolutely confident of hosting a fantastic event with a huge turnout. A number of vaccination programs look likely to be rolled out in Q1 2021, which will also help to alleviate any concerns.

The FAB West Africa exhibition will continue to be organised in line with the BtoB Events global ‘All Secure Standard’ for the safe opening of exhibitions.

Kind Regards

The Food and Beverage West Africa Team

For more information on you can exhibit at FAB West Africa 2021, please Click Here

To register your attendance as a visitor for free, please Click Here

 

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Nigerian airports scheduled to reopen for international flights on August 29

Aviation Minister Hadi Sirika says four flights will begin landing daily in Lagos and four in Abuja.

Nigeria’s aviation minister has said the country will reopen its airports for international flights from August 29, introducing protocols to minimise the risk of COVID-19 infection.

Home to some 200 million people, Africa’s most populous country has registered 49,068 confirmed Coronavirus cases and 975 related deaths. Some 36,500 people have recovered so far.

Mr Hadid Sirika was quoted saying “Glad to announce the resumption of international flights from the 29th of August, 2020. Beginning with Lagos and Abuja as we did with the domestic flight resumption. Protocols and procedures will be announced in due course. We thank you for your patience.”

Nigeria resumed domestic flights on July 8, and Sirika said there had been no confirmed coronavirus transmissions on flights.

To read more, Click Here

Source: Aljazeera, August 2020

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Nestlé-IDH partnership to boost sourcing practices in Central and Western Africa

Multinational food and beverage giant Nestlé has signed a Memorandum of Understanding with IDH Sustainable Trade Initiative, as part of the Grown Sustainably in Africa (GSA) programme.

The three-year partnership aims to support 25,000 farmers and 50 SMEs, as well as open up new markets for them in Cote d’Ivoire, Ghana and Nigeria, increasing employment and food security.

According to Nestlé, the collaboration seeks to develop and empower these farmers and SMEs to help Nestlé meet its goal of boosting its responsibly and regionally-produced raw materials used in the local production of its Maggi, Milo and Cerelac brands from 60% to 70% by 2022.

According to the Food and Agriculture Organisation (FAO), the agricultural sector helps to support food security and eradicate hunger in the region, contributing about 15% of total GDP. However, based on current trends, the food production system in sub-Saharan Africa will only meet 13% of its food demand by 2050.

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Source: Biz Community, May 2020

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President Signs COVID-19 Regulations

President Muhammadu Buhari last night in Abuja gave legal teeth to his Sunday night directive that has locked down Lagos and Ogun States as well as the Federal Capital Territory (FCT), by signing the Covid-19 Regulations 2020 in accordance with Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004).

The regulations declared Covid-19 as a dangerous and infectious disease.
A statement by the president’s media adviser, Mr. Femi Adesina, said the regulations, which took effect from yesterday, March 30, 2020, would serve as a legal backing to various measures unveiled by the president during his national broadcast on March 29, 2020.
The statement also said such measures like the restriction/cessation of movement in Lagos, Federal Capital Territory (FCT) and Ogun State, among other decisions are aimed at containing the spread of the pandemic in the country.

The statement added that in addition to measures aimed at enabling Nigerians to perform on-line transactions and use automatic teller machine (ATMs) during these restrictions, the regulations grant exemption to the financial system and money markets.
The financial system exemption, the statement added, was aimed at allowing very skeletal operations with a view to keeping the system in light operations while these regulations subsists.

The statement read: “In exercise of the powers conferred on him by Sections 2, 3 and 4 of the Quarantine Act (CAP Q2 LFN 2004), and all other powers enabling him in that behalf, President Muhammadu Buhari, Monday, signed the Covid-19 Regulations, 2020, which declared Covid-19 a dangerous infectious disease.

“The Regulations, effective March 30, 2020, also gave legal backing to the various measures outlined in the President’s National Broadcast on March 29, 2020, such as Restriction/Cessation of Movement in Lagos, FCT and Ogun States and others toward containing the spread of the pandemic in the country.

“In addition, to ensure that Nigerians can still perform on-line transactions and use ATMs whilst observing these restrictions, an exemption is granted financial system and money markets to allow very skeletal operations in order to keep the system in light operations during the pendency of these regulations.”

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Source: This Day, March 2020

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No More Debate: Nigeria Tops South Africa as Africa’s Biggest Economy

Nigeria powers ahead as being the largest economy in Africa. As if a recession wasn’t enough bad news for South Africa, it’s now confirmed as the continent’s second-largest economy.

The debate between the two largest economies in Africa, South Africa and Nigeria, has finally been settled.

Africa’s gross domestic product, is the biggest economy on the continent has long depended on which exchange rate you use for the West African nation.

But now both the official naira rate of 306 per dollar and the weaker market exchange rate of around 360 that almost all investors use put Nigeria tops.

Nigeria’s economic growth beat forecasts in the fourth quarter, helping its economy to expand the most in four years in 2019 as oil output increased and the central bank took steps to boost credit growth.

GDP in the West African country stood at $476 billion or $402 billion, depending on the rate used.

To read more, Click Here

Source: Business Day, March 2020

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Concerns rise over annual importation of 700,000mt of sugar into Nigeria

The Federal Government has raised concern over the annual importation of about 700,000 metric tonnes (MT) of sugar into the country despite the abundance of the resource locally. 

The Minister Trade and Investment, Adeniyi Adebayo, who was on a facility tour of the Flour Mills Nigeria Plc Sunti Golden Sugar Estates, in Mokwa, Niger State, stressed the government’s readiness to support the private sector in ensuring Nigeria achieved self-sufficiency in sugar production.

The move comes against the backdrop of the implementation of the Nigeria Sugar Master Plan, aimed at attracting over $1 billion annually in local and foreign direct investments, and creating an estimated 107,000 jobs over the first 10-year period.

The Minister said efforts by the private sector to boost sugar production would go a long way in reducing the level of unemployment, saying: “Nigeria is working towards being self-sufficient in sugar, we have been able to do it in cement, and we are trying to do it in sugar.

“As time goes on, we will not import sugar anymore; we will produce more than enough for our use and possibly export. We also want to take advantage of the Africa Developmental Free Trade Area Agreement, so that we can export to other African countries,” Adebayo said.

However the Chairman Suntai Golden Sugar Estates, John Coumantaros, disclosed that it has invested about N64billion into production in the country, and still intends to invest an additional N34billion in infrastructural development for the host community and the factory.

He disclosed that Nigeria consumes about 1.3million MT, while the Suntai and Savanah Farms produce about 600,000MT, meaning, the country imports 700,000MT of sugar annually.

The Chairman disclosed that added that the company plans to engage over 60,000 Nigerians in direct and indirect employment over the next 10 years, adding that “with about 17,000 hectares of land they would be producing about 100,000-150,000MT of sugar when the land is fully developed, we currently produce for the local market.”

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Source: The Guardian, January 2020

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Nigeria, US to mobilise $300m for agribusiness

The Federal Government, the United States and other stakeholders have mapped out strategies to mobilise $300m to support investment and boost business in the agricultural sector in the country.

The fund aimed to reach at least 5,000 small and medium enterprises in order to expand opportunities for agribusiness borrowers and lenders in Nigeria.

Vice President Yemi Osinbajo, while speaking during the launch of the initiative in Abuja on Tuesday, said the Federal Government was creating the enabling environment and would ensure coordination among the states, the Federal Government and the US to achieve the target.

Represented by Andrew Kwasari, Senior Policy Adviser in the Office of the Vice President, Osinbajo noted that “the synergy between the US, the Federal Government and the states is a way for the future.”

The USAID Contractor of the FTF Nigeria Agribusiness Investment Activity, Adam Saffer, explained that Nigeria had tremendous opportunity to take advantage of the arable land in the country, abundant water, human resources, fertile soil and many other things that should make Nigeria not only self-sufficient but also the food basket of the region.

He said, “FTF Activity in order to help Nigeria reach the target is working with financial institutions, investors, agro data, processors and other businesses and producers to create a more enabling environment to attract those finances and investors.”

“With a more efficient agribusiness sector, food generation, better income and more inclusiveness of women and youth, we can end up with a better quality food at a lower price.  Our activity is trying to activate $300m from the investors, from the banks and from the finance institutions to make this happen.”

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Source: The Punch, August 2019

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Food and Beverage West Africa: Made-in-Nigeria products record huge patronage

Local Nigerian producers of food & beverage products had huge success at the 2019 Food and Beverage West Africa Exhibition.

The News Agency of Nigeria excitedly reported that numerous stands at FAB had fantastic products, all of which seemed alluring to many of the attending visitors. Mrs Omotayo Alabi, an official of Omonide Farms Ltd exhibiting at the event, remarked that the decision to come to the event became imperative because they observed that Nigerians needed healthy, wholesome and home grown foods.

“The turnout has been impressive. We have had to call in for more products from our office because what we have here did not meet the demand. The exhibition was a great opportunity to showcase healthy foods that are Made-in-Nigeria for Nigerians, well packaged and affordable,’’ she commented. Mr Olumide Olayomi, Chairman of Omonide Farms, who was represented by an official of the firm, identified as Kingsley, highlighted recent challenges affecting exportation of their products overseas. He said: “Although, we have been pushing through most of these challenges because we are majorly an African food exporter, we work hard to meet international standards for the U.S. and Canada markets.

“One of the major challenges in the export process is the Apapa road issue, getting our products through those roads is a task. Then incentives by the Federal Government for exporters are not coming as they should among others,’’ he said. The officials, however, commended the Nigerian Export Promotion Council (NEPC) for their support, especially exposing them through the drill of meeting standards to eradicate rejection at the receiving country. Omonide Farms is the maker of O-Funirem Foods registered with the U.S. Food and Drug Administration (FDA), they produce smoked catfish, plantain flour, pounded yam flour, locust beans powder, cassava flour, yellow and white gari and Ofada rice among others in different sizes.

Another exhibitor, Riella Agro-Tech Ltd, showcased their Benue Yam Poundo, Benue fresh yams, and fruits like pineapples from Edo, mangoes, cashew nuts, palm oil and honey.
Mr Olu Peters, Head of Commodities, expressed that although the farm was located in Benue, they had an office outlet in Lagos which was the commercial hub of the country. Peters said: “This exhibition is a good initiative, we are excited to be showcasing our products. We all know Benue for the sweet yams they produce, that is why our bestseller, Benue Poundo is doing great. Our fruits are also doing well because they are sumptuous and well cultivated, people have been rushing for them,’’ he said.

Peters, however, identified some challenges in transportation of perishable produce, taxation, electricity and lack of government incentives to keep people in business. One visitor commented that she was happy with such an event because a buyer could easily trace the source of the products one buys.

The Food and Beverage West Africa Exhibition is organised by  BtoB Events bridging the gap between buyers and consumers as well as creating a market for economic stability via luring foreign investors into the country.

Food & Beverage West Africa will exhibit again on the 17th-19th of June 2020.

Please contact the BtoB Events team for more information on visiting or exhibiting at the next show.

 

For more information click here.

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Attracting foreign investors can solve unemployment and economic challenges

AGRICULTURE

Stakeholders on Tuesday said that attracting foreign investors was key to tackling the high rate of unemployment and economic challenges in the country. The News Agency of Nigeria reports that stakeholders spoke at the ongoing Food and Beverage West Africa Exhibition at Landmark Events Centre, in Lagos. A former Ogun Commissioner for Commerce, Mr Bimbo Ashiru, told newsmen on the sidelines of the exhibition that government had no business doing business but to ensure ease of doing business.

Ashiru said that exhibitions were to create awareness and attract foreigners to come and invest in the Nigerian economy thereby creating employment. “This exhibition clearly shows that we can integrate as a family globally. This is a country of about 200 million people and with the kind of exhibition we are seeing today with people from all over the world. “If these over 100 exhibitions penetrate the Nigerian market, it will create thousands of jobs. One of the exhibitors has also said that their target is to employ 100,000 Nigerians.

Some stakeholders on Tuesday said that attracting foreign investors was key to tackling the high rate of unemployment and economic challenges in the country. The News Agency of Nigeria reports that stakeholders spoke at the ongoing Food and Beverage West Africa Exhibition at Landmark Events Centre, in Lagos. A former Ogun Commissioner for Commerce, Mr Bimbo Ashiru, told newsmen on the sidelines of the exhibition that government had no business doing business but to ensure ease of doing business. Ashiru said that exhibitions were to create awareness and attract foreigners to come and invest in the Nigerian economy thereby creating employment. “This exhibition clearly shows that we can integrate as a family globally. This is a country of about 200 million people and with the kind of exhibition we are seeing today with people from all over the world. “If these over 100 exhibitions penetrate the Nigerian market, it will create thousands of jobs. One of the exhibitors has also said that their target is to employ 100,000 Nigerians. “Just imagine these companies establishing in different locations in Nigeria. One thing I always say is, if you bring people into the country, what is key is the value chain benefits and to employ our people. “The level of unemployment is high and the only way to do reduce this trend is to get foreign investors to come in and produce locally, they will get our local raw materials which will create jobs for our farmers, our unemployed graduates. “At the same time, our graduates who want to start their businesses can consider farming,’’ he said.

Ashiru also noted that there was need to develop agricultural value chain that would lead to industrialisation. According to him, Nigeria needs to start producing and growing what we consume like it is obtainable in other climes where they have farm access roads for easy transportation of raw materials to manufacturers. “What we owe these exhibitors is to create an enabling environment.

“We are talking about ease of doing business, we have moved from 170 to 146 position and our target is to move to maybe 80 or 70 and we can do that if we create the environment,” he said. Jamie Hill, Managing Director of the B to B Events, organisers of the exhibition said that the exhibition was to create partnership opportunities for Nigerian businesses. Hill said that there was a growing demand for foreign manufacturers to penetrate the Nigerian market, known as the market hub of Africa.

“We created this platform to meet demand because everything is based on supply and demand, this exhibition will not be held if the international market did not request for such. “It is an avenue for them to see the Nigerian economy and possibly work towards establishing their companies here in Africa’s largest economy. “It is a simple decision to hold this exhibition here, the people are good, the facilities are good, and the business is great.

“I have been in Nigeria since 2012 but this is my first time organising this event. We are pleased to say we are hosting exhibitors from across the world and hoping for partnerships for Nigeria and international business. “We want to support Nigerian businesses and help them grow and we want to attract international businesses to come here and invest in the Nigerian economy,’’ he said. According to Hill, the long term goal is to partner local manufacturers because foreign investors will not just come from overseas to set up a manufacturing plant without doing a market study or finding a market partner to market their brand.

NAN also reports that local exhibitors totalled over 40 per cent, while the over 50 per cent are foreign manufacturers. The event which opened today had about 1,000 visitors from across the country.

Continue reading at https://nnn.com.ng/2019/06/18/attracting-foreign-investors-key-to-solving-unemployment-economic-challenges-stakeholders/ | NNN NEWS NIGERIA

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Food and Beverage West Africa to showcase latest international innovations

New trade show launches later this month with 150 local and international exhibitors

The Food and Beverage West Africa exhibition in Lagos, Nigeria, is expecting to see more than 5,000 attendees from the industry over three days.

FAB West Africa is free to attend taking place at the Landmark Centre, Victoria Island, from June 18th to 20th

. Visitors will be able to discuss business opportunities and see the latest in F&B developments from over 150 exhibitors, both local and international.

Thousands of products, many of which will be showcased for the first time in the region, will be on display. Besides finding new products, attendees will also be able to source new and additional suppliers as well as keep up to date with new industry trends from around the world.

FAB is organised by BtoB Events. Btob Events Managing Director Jamie Hill explains: “Food and Beverage West Africa is the premier exhibition dedicated to West Africa’s food and beverage industry. The exhibition will bring a host of guests and exhibitors from around the world together under one roof, to celebrate and explore future opportunities within the Food & Beverage industry. Guests can discuss opportunities face-to-face and start to build those all-important business relationships for future success. Essentially anybody who is involved in the procurement of foodstuffs will be in attendance from fast food chains to supermarkets, retail stores to catering companies.”

As a business-to-business platform, the organisers of FAB have seen a particular interest from companies wanting to meet distributors from across the ECOWAS (Economic Community of West African States). Overseas exhibitors are also hoping to meet with a full representation of the Nigerian F&B industry, says Mr. Hill. “International companies are typically looking for importers of food and beverage products. The exhibition will give exhibitors the opportunity to demonstrate and give examples of their new and innovative products. Visitors will have the chance to see first-hand what to expect within the food and drinks sectors over the next few months.”

Event Gold Sponsor NASON

Nigerian businesses make up a third of the confirmed exhibitors. The exhibition even has a special zone for local small and medium enterprises (SMEs). “The ‘Made in Nigeria SME Zone’ will enable local SMEs to benefit from this annual platform and showcase what they have to offer alongside the local and international power houses across the sector,” says Mr Hill.
“By offering local SME’s the opportunity to participate we hope to facilitate their growth in the market and work towards the long-term goal of increasing local production and exports from Nigeria across the region.”  One of the show’s partners welcoming the focus within the SME sector is AgroNigeria. It’s Executive Director Mrs Idongesit Mbaram comments: “As a matter of fact, businesses under the F&B value chain should see the FAB West Africa as a rare opportunity to connect with suppliers, distributors, manufacturers and to build strong business relationships with clients from across Nigeria, neighbouring West African countries and around the world. Due to the almost steep nature of the agricultural sector, it is expected that an event like this will create an  avenue where local small and medium scale agricultural value chain establishments will come into contact with bigger corporations and do business.”

With exhibitors from over 20 different countries being represented over the three-day event, there will also be country pavilions and individual exhibition stands.
Just Food, the region’s leading provider of quality, global food equipment brands, is a Gold Sponsor of FAB. JustFood’s Chief Executive Officer Tunde Ogunrinde expects that visitors will want to engage in

Show Partner REFSPAN

practical discussions, see live demonstration of products, plus benefit from discounted offers on products. Attendees should make the most of good networking opportunities, with the “synergy between businesses,” he recommends. “FAB is a great place to meet various key stakeholders and decision makers in the food & beverage industry.”

 

Visitors will also be able to find out about the benefits of joining a trade association as a number are partnering the event. One of FAB’s partners is REFSPAN, the Restaurant and Food Services Proprietors Association of Nigeria. REFSPAN was previously known as AFFCON but recently changed its name to reflect the growing interest of other relevant business owners in the sector as prospective members. FAB attendees interested in joining REFSPAN should visit its stand for a free application form.
FAB is free to attend, and with so many visitors expected, the organisers are encouraging attendees to pre-register online for free at http://fab-westafrica.com/pre-registertoday-online/
Alternatively, WhatsApp ‘’PRESS” to +2348183818456.

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