NADF partners German firm to boost climate-resilient agricultural finance

The National Agricultural Development Fund (NADF) has teamed up with German climate fintech company YAPU Solutions GmbH to enhance climate-risk management and financing for smallholder farmers in Nigeria, according to a statement released by the NADF. The Memorandum of Understanding (MoU) was signed by NADF Executive Secretary/Chief Executive Officer Mohammed Ibrahim and YAPU Solutions CEO Christoph Jungfleisch, establishing a framework for collaboration on climate-resilient agricultural finance, climate-risk assessment, and leveraging data to bolster agricultural lending.

This partnership aims to develop financial mechanisms that help smallholder farmers adapt to climate-related risks, improve NADF's capacity to assess and manage climate risks across its agricultural finance portfolio, and explore the creation of new or improved financial products tailored to addressing climate change risks to agricultural production.

YAPU Solutions will contribute technical expertise and digital tools, while the NADF will facilitate operational engagement and participate in pilot initiatives. The collaboration will focus on climate-risk analytics, data infrastructure, building operational frameworks, capacity building, and pilot projects.