Fund for Agricultural Finance in Nigeria
Project Details
Sector
Climate & Sustainability
Commencement Date
March, 2014
Completion Date
NA
Participants
NSIA, FFAF in Nigeria
StateS
Lagos
Project Description
The Fund for Agricultural Finance in Nigeria (“FAFIN”) is an innovative agriculture-focused private equity fund that provides tailored investment capital and technical assistance to high-growth, commercially attractive agricultural SMEs across all regions in Nigeria using quasi-equity, equity, and structured debt instruments.
Benefits / Impact (Social, Economic & Others)
FAFIN invests in SMEs as part of its mission to positively impact the lives of smallholder farmers, increase the amount of commercial capital available for agribusinesses in the country, and catalyze agriculture-led inclusive economic growth in Nigeria.