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Corn sector in Cameroon: Sahel Capital injects $1.5 million into Nulla Group

19/08/2025
Source : ORISHAS FINANCE
Categories: Raw materials Sectors

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Nigeria-based fund manager Sahel Capital has granted a $1.5 million loan to Nulla Group, through its Social Enterprise Fund for Agriculture in Africa (SEFAA), through its Social Enterprise Fund for Agriculture in Africa (SEFAA).

Nulla Group is a Cameroonian company run by women and specialized in the aggregation and processing of maize. The loan from Sahel Capital aims to support small local producers, while strengthening the supply chain in an agricultural sector that is still underfunded.

According to Liza Kina Idum, founder and CEO of Nulla Group, “this investment will allow us to further supply our network of 1,700 small-scale farmers and to remain a reliable partner in the evolving Cameroonian maize ecosystem.”

Last year, Sahel Capital invested $6.5 million in seven companies to support their growth. This investment contributes to strengthening the financing of the agricultural sector, which plays a key role in the national economy, but still faces significant challenges, especially in terms of access to credit. According to the World Bank style="font-family: "Bookman Old Style”, serif">, agriculture represented 17.4% of Cameroon's GDP in 2024 and employed more than 40% of the active population

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