Nigeria: Sahel Capital provides trade finance facility to hibiscus exporter

Sahel Capital is providing Acier Limited with a $1.5 million trade finance facility.

Mezuo Nwuneli, managing partner at Sahel Capital

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Sahel Capital has announced it is providing Acier Limited with a $1.5 million trade finance facility through its Social Enterprise Fund for Agriculture in Africa (SEFAA).

The investment will enable Acier Limited to increase its hibiscus flower offtake from smallholder farmers in northern Nigeria, and export to its international customers.

Jackson, Etti & Edu (JEE) advised Sahel Capital on this transaction.

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