African Agribusiness | 30 September 2025Ivory Coast signs US$156.8 million farm deal with Italy’s BF GroupIvory Coast Minister of Agriculture, Kobenan Kouassi Adjoumani, signed a €134 million (US$156.8 million) investment agreement with Italian agribusiness group Bonifiche Ferraresi (BF). The deal covers the establishment and development of a 10,000-hectare pilot farm in Tagadi, located in the Sorobango sub-prefecture, according to local state media Agence ivoirienne de presse (AIP). For the Italian group, developing an agricultural production project in Côte d’Ivoire is an opportunity to capture a share of the country’s substantial annual food import spending. The new project in Ivory Coast continues BF Group’s expansion across West Africa, marking its presence in three countries in the region. Since August 2024, the company has been involved in a US$98.5 million project to develop a 5,000-hectare agricultural estate in Aveyime-Battor, Ghana, in the Volta region.