ÿYobe State’s agricultural and renewable energy sectors are poised for growth following a recent collaboration with Morocco’s Investment and Export Development Agency (AMDIE).
During a meeting in Rabat, AMDIE’s Head of Emerging Industries, Yassine El Ahyani, emphasized the untapped potential of Yobe’s resources, signaling a strategic push to attract international investors.
Yobe’s agricultural assets, particularly sesame seeds and gum Arabic, were highlighted as high-value commodities.
El Ahyani noted that global sesame demand has surged, driven by its use in health foods and cosmetics.
According to the International Trade Centre, global sesame exports reached $7.8 billion in 2022, with Africa contributing 45% of production.
Yobe’s unique climate and soil conditions position it to capitalize on this trend.
Secretary to the State Government Baba Malam Wali underscored the state’s commitment to investor-friendly policies.
“Our incentives in agriculture span sesame, gum Arabic, and premium onions from Geidam, known for their exceptional quality,” he said.
The Yobe cargo airport, currently under development, will streamline exports, ensuring faster access to markets in Europe, Asia, and the Middle East.
Green Energy
Beyond agriculture, AMDIE identified renewable energy as a priority. Morocco, a leader in solar and wind projects, aims to replicate its success in Yobe.
El Ahyani stressed that green energy investments could power local industries and excess electricity could be exported regionally.
This aligns with Nigeria’s national goal to generate 30% of its energy from renewables by 2030, as outlined in its Climate Change Act.
The delegation also explored tourism opportunities, focusing on the Dufuna Canoe, a 8,000-year-old archaeological treasure discovered in Yobe in 1987.
AMDIE expressed interest in developing the site into a cultural hub.
“This artifact can boost tourism, create jobs, and spur infrastructure growth,” El Ahyani said.
Wali affirmed plans to enhance visitor experiences around the canoe and local festivals, aligning with Governor Mai Mala Buni’s youth employment initiatives.
Ahmed Gombe, CEO of African Network, praised Yobe’s proactive stance, pledging swift processing of investment documentation.
The state’s policies, including tax breaks and streamlined permits, aim to reduce barriers for foreign partners.
With Morocco’s expertise and Yobe’s resources, this partnership could reshape the region’s economic landscape while fostering cross-continental trade ties.