• Qatar’s Baladna plans dairy farm in Nigeria’s Ogun State, exploring land and feasibility with local officials.
• Project aligns with Nigeria’s goal to double dairy output to 1.4M tons by 2030.
• Nigeria’s $6.6B dairy market offers Baladna a key entry point in Africa.
Qatari agribusiness group Baladna plans to establish a dairy operation in Nigeria’s Ogun State. Aidan Thomas Iynan, the company’s Head of Products and Solutions, announced the plan during a meeting with Governor Prince Dapo Abiodun on Monday, June 23.
The visit aimed to explore land acquisition opportunities and begin discussions with the Ogun state government for feasibility studies. "We can build highly efficient farms with world-class yields, and meet demand not just for dairy, but also for meat and crops," Iynan said.
While the investment’s total cost has not yet been disclosed, the project reflects Baladna’s strategy to expand its footprint in Africa’s dairy market. The company is already active in Algeria, where it launched a $3.5 billion agro-industrial project in Adrar province in September 2024. That operation is set to begin production in 2026. It spans 117,000 hectares and will include a dairy farm and a processing facility with the capacity to produce 200,000 tons of powdered milk annually.
Boosting Nigeria’s Dairy Sector Ambitions
Baladna’s Nigerian project comes as the country works to double its annual dairy production to 1.4 million tons by 2030. On June 3, Nigeria’s Ministry of Agriculture announced new initiatives. These include a roadmap to be finalized by the end of 2025 and the expansion of the National Livestock Growth Acceleration Scheme (NL-GAS).
Authorities are also counting on public-private partnerships with global firms. These include Denmark’s Arla Foods and the Netherlands’ FrieslandCampina, to scale production.
If realized, Baladna’s investment in Ogun State would significantly enhance local production capacity and support the government’s broader growth ambitions in the dairy industry.
For the Qatari firm, the project also offers a strategic opportunity to capture market share in Africa’s most populous country. Nigeria’s dairy market is valued at $6.59 billion in 2025. It is expected to grow at an average annual rate of 10.13% through 2030, according to Statista projections.
Togo parliament adopts WAEMU law against currency counterfeiting Bill defines offences including ...
CCR-UEMOA presents mid-term review of private sector competitiveness efforts Reforms, AfCFTA trai...
Telecel Ghana to boost network investment by 150% in 2026 Expansion targets capacity, reliabi...
ECOWAS is proposing a regional digital platform for passengers to file and track complaints online...
World Bank announces $137 million to boost West Africa digital economy Program expands broad...
Tunisie Telecom launches Kashy mobile wallet with Viamobile partnership App enables transfers, payments, top-ups, and cash withdrawals nationwide Move...
Rwanda launches Nyungwe-Ruhango ecosystem restoration project backed by GEF funding REMA to implement across Southern Province under Green Amayaga...
Russia is increasingly using African ship registries to sustain oil exports under sanctions Weak oversight and “flags of convenience” complicate...
Tanzania’s central bank has taken a stake in Africa Finance Corporation The move gives access to long-term infrastructure financing and technical...
Event highlights growing role of diaspora entrepreneurs across multiple sectors Networks support trade, investment and SME...
Afreximbank launches Impact Stories season two highlighting trade-driven transformations Series features projects across Africa and Caribbean, from...