Sahel Capital in Cameroon agribusiness deal
Sahel Capital has provided a $1.5 million working capital loan to Nulla Group.
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Sahel Capital, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), has provided a $1.5 million working capital loan to Nulla Group.
Nulla is a Cameroon-based maize aggregator and processor. At its core, Nulla produces maize grain on a farm located in the West Region of Cameroon, while building an agribusiness ecosystem. The company’s aggregation model is central to its business as it connects smallholder farmers to a stable and fair market, empowering them with enhanced productivity through advanced technology and efficient logistics.
Despite Cameroon’s strong agricultural fundamentals, few financial institutions are active in funding local agribusiness SMEs.
“We are proud to support Nulla Group, a women-led enterprise that is building resilient supply chains and transforming the maize value chain in Cameroon,” said Aïcha Haidara, vice president at Sahel Capital. “The company’s integrated sourcing model and processing capabilities are not only improving quality and traceability but also ensuring that farmers – especially women – benefit from fairer pricing and consistent market access.”
“We are excited about this partnership with Sahel Capital, which gives us the means to scale our operations and improve service delivery to our farmers and clients,” said Liza Kina Idum, founder and CEO of Nulla Group. “This investment will allow us to source higher volumes from our network of 1,700 smallholder farmers, and ensure that we remain a reliable partner in Cameroon’s evolving maize ecosystem.”
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