Sahel Capital, a leading investment manager focused on the food and agriculture sectors across sub-Saharan Africa, has successfully closed a $650,000 loan facility to Noma Services Consolidated Limited through its Social Enterprise Fund for Agriculture in Africa (SEFAA). The facility comprises $400,000 for working capital and $250,000 for capital expenditure. This transaction aligns with SEFAA's mission to empower smallholder farmers by supporting socially responsible agribusinesses that foster inclusive growth and rural development.
Noma Services Consolidated Limited (“Noma”), incorporated in 2021 with operations dating back to 2018, is a Nigeria-based agribusiness specialising in the aggregation and processing of commodities including rice, maize, sorghum, and beans. Headquartered in Abuja, the company sources from a network of over 11,000 smallholder farmers (SHFs) and supplies high-quality produce to leading FMCG players. Noma operates central aggregation hubs in Mabushi, Niger, and Kaduna, with regional hubs in Kano and Jigawa, and supports its farmer network through the provision of irrigation facilities and tractors to enhance farming efficiency.
“Noma is playing a critical role in Nigeria’s agricultural value chain by connecting over 11,000 smallholder farmers to reliable and well-structured markets. Their transition from an input-financing model to a more scalable direct aggregation approach reflects both strategic clarity and operational maturity. We are proud to support this next chapter of Noma’s growth,” said Deji Adebusoye, Partner at Sahel Capital.
Daniel Enesi Asido, Managing Director of Noma Services Consolidated Limited, commented: “This facility from SEFAA is a pivotal milestone for us. It gives us the working capital and equipment we need to significantly deepen our aggregation capacity and deliver greater impact to the smallholder farmers in our network. We are delighted to partner with Sahel Capital, whose deep understanding of the African agribusiness landscape makes them an ideal long-term partner.”
This investment reaffirms SEFAA’s commitment to supporting high-impact, scalable agribusinesses across the continent and underscores Sahel Capital’s broader objective to strengthen Africa’s food systems, enhance rural incomes, and improve food security.