Machine and Equipment Corporation Africa Limited (MECA) is an Engineering, Operations and Technical Asset Management Corporation. Our unique industry positioning created the need to bridge the gap between end-users and manufacturers. This led to the creation of the MECA MANUFACTURERS-TO-USERS (MECA-M2U) PLATFORM. This platform enables Original Equipment Manufacturers (OEM) access and deliver value to end-users; harnessing a strategic partnership with the Federal Government of Nigeria through the National Agency for Science and Engineering Infrastructure (NASENI) MECA is able to deliver its mandate, MECA also offers technical advisory services to NIRSAL and other relevant players across different sectors
Strategically positioned to make significant contribution towards the growth of the agricultural sector in Sub-Saharan Africa and the Global Food Security. MECA's operations and activity in Africa is aimed at significantly increasing the number of farmers, entrepreneurial mindsets, technology transfer and enhancing technical skills in the region; development of workable regional strategies based on cultural; social and human capital preservation and bridging gaps between strategic partners and stakeholders at regional, national and international levels.
The Nigeria Incentive-Based Risk Sharing system for Agricultural Lending (NIRSAL) was launched in 2011 and incorporated in 2013 by the Central Bank of Nigeria (CBN) as a dynamic, holistic USD500 Million public-private initiative to define, measure, price and share agribusiness related credit risk. NIRSAL is designed with the objective of enabling the flow of affordable financing to all players along the entire agricultural value chain. MECA provides Technical Advisory services to NIRSAL.
National Agency for Science and Engineering Infrastructure (NASENI), created by NASENI (Establishment) Act CAP NO. 3 Laws of the Federation of Nigeria 2004. NASENI by its mandate and scope of operation is the only purpose-built Nigerian Agency designed to conduct developmental work in the areas of manufacturing and as such, it is capable of coordinating the proliferation of technologies developed either within or outside of its Centers including patents obtained. MECA and NASENI are in a Public-Private Partnership on the delivery of engineering infrastructure services.
FADAMA III Additional Financing (AF) Project Pursuant to the objectives of World Bank FADAMA III Additional Financing (AF) II Project, which is to increase the incomes of the users of land and water resources on a sustainable basis. The expected outcome of this partnership is an end-to-end Economic Utilization of all the Machinery & Equipment Assets under FADAMA III AF II for Revenue Generation, Profitability and Sustainability.MECA is currently in a partnership with FADAMA III AF on the development and execution of the project sustainability plan.