Bridging the Gap

Our Projects

Feed the Future Nigeria Agribusiness Investment Activity

Connexus leads the Finance and Investment Unit under CNFA’s USAID-funded Feed the Future Nigeria Agribusiness Investment Activity, which has facilitated more than $100 million in agribusiness lending and investment capital through lead agribusinesses. Using a market systems and value chain approach, Connexus is developing agricultural finance capacity in partner financial institutions (FIs) in the northern states of Niger, Kaduna, Kebbi, and Benue, as well as the southern states of Ebonyi, Cross River, and Delta.

Our long-term team is facilitating relationships and deal structuring with lead firms, as well as their micro, small, and medium enterprise and farmer networks associated with their agricultural value chains (soy, rice, maize, aquaculture, and cowpeas). The project is improving the business and enabling environment for agriculture-led economic growth in Nigeria by promoting climate smart agriculture, advocating for positive government policy, and working in conflict-affected areas.

The team has signed MOUs with 13 FIs and 14 investment funds that have demonstrated a commitment to expanding their agricultural portfolios.

  • In 2019, Connexus trained these investors on Agricultural Value Chain Finance and Market Development, as well as Financial and Cashflow Analysis for Agri-SME Lending, using real cases from Nigerian agribusinesses.
  • In 2020, Connexus delivered a training of trainers on Gender and Youth Financial Inclusion to 29 representatives from 12 FIs and provided follow-up technical assistance. Connexus also organized a deal making workshop for equity investors and trained 93 agri-SMEs on how to prepare an investment pitch.
  • In 2021, Connexus organized another deal making workshop for debt and equity investors, training 70 agri-SMEs on how to prepare an investment pitch.
  • In 2022, Connexus is working with several FIs to develop, adapt, and pilot test products and delivery mechanisms to expand agri-SME lending.

To date, the team has facilitated $100 million in new agricultural investment to 11,426 micro, small, and medium enterprises, including 51.4% in debt and 48.6% in new capital. Of the 11,729 individuals benefiting from assistance, 24.6% are female and 12.5% are youth.


Cultivating New Frontiers in Agriculture (CNFA)