On Tuesday, 13 May 2025, the Abuja headquarters of the European African Chamber of Commerce & Industries (EUROAFRICA CCI) buzzed with optimism as senior leaders gathered for a pivotal strategy session. The Chamber together with the Universal Digital Currency Reserve Foundation (UDCRF) hosted Rear Admiral Julius Nwagu, MD/CEO of Nigeria Navy Farms and Executive Director of Nigeria Navy Holdings, to shape an ambitious three-way partnership aimed at transforming agri-business and finance across West Africa.
Why This Meeting Matters
- Food-Security Gains – Nigeria Navy Farms’ large-scale operations supply critical protein to both military and civilian markets. New investment will modernise production, expand processing capacity, and create rural jobs.
- Digital-Asset Financing – UDCRF’s expertise in tokenised reserves promises innovative, transparent capital flows—lowering the cost of funds and broadening investor participation.
- Regional Impact – By aligning with EUROAFRICA CCI’s pan-continental network, the partnership positions the forthcoming GAMA Facility Project as a logistics and technology hub for the wider ECOWAS corridor.
“Today’s dialogue demonstrates how defence-linked enterprises, forward-leaning financiers, and trans-regional chambers can jointly drive inclusive growth,” Rear Admiral Nwagu said after the meeting. “We are charting a sustainable roadmap that marries food security with cutting-edge financial tools.”
Key Outcomes
- Joint Technical Committee – A six-member task force will draft project milestones, regulatory clearances, and digital-asset frameworks within 60 days.
- Draft MoU – Parties target Q3 2025 for a formal Memorandum of Understanding covering governance, risk management, and revenue-sharing.
- GAMA Integration – The agri-project will anchor the first phase of the GAMA Facility, consolidating cold-chain logistics, blockchain-based supply tracking, and export-grade processing units on a single site.
