Sahel Capital, KfW launch US$24m Social Enterprise Fund for Agriculture in Africa

NIGERIA – Lagos-based  private equity firm Sahel Capital has launched a US$24 million Social Enterprise Fund for Agriculture in Africa (SEFAA), sponsored by the German development bank, KfW. Sahel will act as investment adviser to SEFAA, an impact fund with the goal of reducing poverty by investing in social agricultural enterprises (SAEs) in sub-Saharan Africa. In addition to SEFAA’s targeted impact of reducing poverty through its investments, the fund is also expected to create and preserve jobs and deliver on six of the UN sustainable development goals (SDGs 1, 2, 3, 4, 5…

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