Nigeria: Sahel Capital invests in Delifrost Caterers
The Sahel Capital Agribusiness Fund II has completed its first investment.
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Concurrent with its first close, the Sahel Capital Agribusiness Fund II (SCAF II) has completed its first investment. The fund acquired a significant minority stake in Delifrost Caterers, a Nigerian cold-chain distribution platform for chilled packaged foods.
“We are delighted to partner with Sahel Capital, whose strong track record and long-term commitment to agribusiness closely align with Delifrost’s vision. This partnership marks an important milestone in strengthening our governance and institutional capacity, while supporting Delifrost’s next phase of growth. Sahel Capital’s deep sector expertise aligns with our ambition to scale Nigeria’s cold-chain infrastructure in a more efficient and sustainable manner, with a strong focus on renewable solutions and reliable food distribution systems. Together, we see significant opportunities to drive both commercial growth and measurable impact across Nigerian communities,” said Nadim Beydoun, managing director of Delifrost.
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Interesting to see SCAF II deploying capital into cold-chain infrastructure right out of first close. Delifrost's focus on renewable energy integration within the distribution platform addresses a critical gap in Nigerian food systems where refrigeration reliability remains a persistent bottleneck. The minority stake structure suggests confidence in existing management while providing growth capital for scaling operations.