Agricorp International, a Nigerian based spices producing, processing, and exporting company has raised $17.5 million in series A funding to increase its processing capacity up to 7,000 metric tonnes.

The funding was raised from Vami Nigeria, One Capital LLC and AFEX. Nigerian-based Vami led the funding round with $11.5 million in equity, while the other investors provided working capital financing for the company. Ernst & Young (Nigeria) served as transaction advisors while Elisio...