Sahel Capital through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has provided a $500,000 working capital loan to Agriarche LLC, a Nigerian company dedicated to improving market access for smallholder farmers.
The investment seeks to bridge gaps in Nigeria’s fragmented agricultural supply chains, linking farmers directly with fast-moving consumer goods (FMCG) companies.
With the funding, Agriarche LLC plans to expand its operations, stabilize pricing for farmers, and enhance supply network efficiency for FMCG firms.
Deji Adebusoye , a partner at Sahel Capital , highlighted the company’s impact in reducing barriers between farmers and economic hubs using technology. This, he noted, has led to fairer pricing and increased reinvestment opportunities for smallholder farmers.
Sahel Capital, known for managing multiple agricultural investment funds, is also raising capital for its upcoming Sahel Capital Agribusiness Fund II, aimed at expanding agribusiness opportunities across West Africa.