Raedial Farms Signs Partnership Deal With French Firm 

The Management of Raedial Farms Limited a subsidiary of Raedial Holdings Limited has signed a Partnership Agreement with Compagnie Fruitere, a French company that markets over 900,000 tons of fruits and vegetables across the European markets as well as a major fruit producer in the Africa-Caribbean-Pacific region.

The economic relationship occurred at the French week 2023 Business summit held at Access Towers, Lagos. The signing was witnessed by prominent persons in the Nigerian and French governments such as the French Minister Delegate for Foreign Trade, Economic Attractiveness and French Nationals Abroad, Olivier Becht; Herbert Wigwe, C.F.R, the President of the France-Nigeria Business Council & CEO Access Bank Plc; Usman Mohammed, the President of the Franco-Nigerian Chamber of Commerce and Industry; Taiwo Oyedele,  Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms to name a few. 

With the partnership, Raedial Farms Limited will diversify its operations from solely oil palm full-fledged farming activities spread over more than 2500 hectares of land and livestock products to the production of fruits for exportation.

The MD of Raedial Farms Limited, Mr. Uwadiale Agenmonmen said, “For us at Raedial Farms, this partnership further exemplifies our dedication to contributing to the growth of the France-Nigeria Agricultural relationship and shows the pivotal role largescale farming plays in the Agric sector.”

Didier Mas, Technical Director for Africa at Compagnie Fruitere, stated, “Nigeria is a country with massive financial potentials, especially following the current government’s pledge to open up its economy to others in a bid to grow the GDP.”

Speaking at the event, Olivier Becht stated that, “This collaboration reflects a commitment to strengthening the countries ties and fostering mutual benefits in agriculture since the agri-food industry stands as a beacon for cooperation between our two great nations especially as Nigeria is France’s first trading partner in Sub-Saharan Africa.”