British International Investment commits $7.5m to Nigerian agritech company
BII has announced a debt investment in Babban Gona.
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British International Investment (BII) has announced a $7.5 million debt investment in Nigerian agri-tech platform Babban Gona.
Northern Nigeria produces up to 60% of the country’s maize but smallholder farmers face persistent challenges that limit their productivity and income. Many cultivate small plots of land, with limited access to finance, quality inputs, agronomic training, and reliable markets. These challenges contribute to post harvest losses of up to 30%.
Babban Gona’s offering is designed to overcome these structural barriers by providing smallholders with agricultural inputs, financial credit, training on climate-smart practices, and support with harvest, storage, and access to market.
Benson Adenuga, BII’s regional director for West Africa, said: “Our partnership with Babban Gona is a great example of how BII is using catalytic capital to support innovative, high-impact business models that transform lives and economies. By backing this pioneering franchise model, we are not only addressing a critical financing gap but also helping to build a more resilient and productive agricultural sector and support smallholder farmers in a region that is often overlooked by investors. This investment will deliver tangible impact at scale, strengthening food security and climate resilience.”
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