A strategic partnership between Nigeria and Brazil aimed at modernising the Nigerian livestock sector could significantly impact the global animal genetics market, which is projected to reach $4.19 billion by 2029, according to a recent report by MarketsandMarkets.
The market was valued at $2.97 billion in 2024, driven by increasing global demand for genetic materials capable of producing high-yield, disease-resistant breeds. The Nigeria-Brazil collaboration is expected to play a catalytic role in accelerating this growth.
Under the agreement, both nations will focus on mechanisation, livestock infrastructure development, and youth training—laying the groundwork for Nigeria’s most ambitious livestock modernisation programme to date.
Analysts believe this partnership marks a turning point for Nigeria’s agricultural sector. With access to Brazil’s advanced animal genetics expertise, Nigeria could unlock over $42 billion in GDP gains within the next decade, transforming its livestock industry into a global player.
Speaking with The Nation, Caleb Usoh, Head of Business Development for Africa at OCP Africa, praised the federal government’s proactive approach to international collaboration.
“Brazil’s success in livestock production is globally recognised. Partnering with them gives Nigeria the opportunity to leapfrog current limitations and position itself at the forefront of livestock innovation,” Usoh said.
The collaboration is also expected to reduce Nigeria’s reliance on meat imports, boost food security, and create jobs across the agricultural value chain—particularly for young people trained in modern livestock practices.