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News

Select news about the recent activities of Sahel Capital, and its partners, clients, investors, and portfolio companies are presented below:

L&Z Signs MoU with Nigerian Government

December 1, 2016.

The Nigerian government and a local dairy company, L&Z Integrated Dairy Farms, have signed a Memorandum of Understanding aimed at developing the dairy sector and helping to tackle Fulani herdsmen and farmers clashes in Nigeria.

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Abia responds to recession with palm plantation

November 26, 2016.

The Abia State government has kicked off its revenue base diversification plan with an agriculture initiative involving 10,000 hectares of oil palm plantation.

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Jigawa trains 5,000 youths on sesame, rice cultivation

November 26, 2016.

To compliment Federal Government’s policy on economic diversification, the Jigawa State government has trained about 5,000 youth on sesame and rice cultivation, and has also mobilized another 32,000 farmers for wheat harvest in November.

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Chevron partners Niger to improve rice production

November 26, 2016.

1. Oil giant, Chevron Nigeria Limited (CNL), has entered partnership with the Niger State Government for the training of graduates of agriculture for the purpose of improving rice cultivation…

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Bill Gates Foundation to boost rice production in Nigeria

September 13, 2016.

The Bill and Melinda Gates Foundation on Tuesday said it was funding six agricultural commodities value chains with emphasis on rice and yam production to ensure food sufficient in Nigeria.

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Ethical Entrepreneur – Investing in Nigeria’s Agribusiness Sector

August 25, 2016.

Fellows and agribusiness entrepreneurs in Lagos (hosted at the lovely home of Mezuo and Ndidi Nwuneli), I was fortunate to spend the next morning of my official “start” to my Eisenhower Fellowship speaking with Mezuo about AACE Foods and Sahel Capital. After one of my first conversations with Mezuo on the phone while planning for this trip, and after meeting his incredibly outgoing and super intelligent wife at the dinner

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Dayntee Poultry Farm – nothing “dainty” about it!

August 25, 2016.

Reflections from a meeting with Ayo Alade, Managing Director and D.r David G. Otaigbe, General Manager of Dayntee Farms, Kwara, Nigeria

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NSIA moves to Fill Gaps in Agriculture Value Chain

August 18, 2016.

Nigeria’s quest to diversify its economy from oil and growing agriculture seems to be gathering momentum as the Nigeria Sovereign Investment Authority (NSIA) has signed an agreement with Old Mutual Investment Group (OMIG) of South Africa, and African Agri-Investments (UFF) Agri-Fund for the establishment of a $200 million agriculture co-investment vehicle.

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AfDB Commits to Investing in FAFIN

August 7, 2016.

The African Development Bank approved a $9 million equity investment in the Fund for Agricultural Finance in Nigeria. The fund, which is managed by Sahel Capital, held a $34 million close in July last year and counts a number of other development finance institutions among its backers.

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FAFIN Invests in Dayntee Farms

August 7, 2016.

Sahel Capital is investing an undisclosed amount in a deal for Dayntee Farms, a commercial poultry farm located in Nigeria’s Kwara State.

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