What this project will fund
1,800-hectare irrigated farm cluster producing rice, maize and soy with solar-powered pivots and modern storage.
An 1,800-hectare commercial farm cluster in the Kaduna river basin, structured as an outgrower-anchored SPV. Solar-powered centre-pivot irrigation, mechanised tillage and on-site aggregation silos enable two cropping cycles per year. Offtake is secured by long-term contracts with millers and the Nigerian Commodity Exchange.
Project highlights
- 5-year offtake agreements with two Tier-1 rice and soy millers
- Solar-powered centre-pivot irrigation across 1,200 ha
- 12,000-tonne aggregation and drying silos on site
- Anchor-outgrower model integrating 1,400 smallholder farmers
Project phases
- Phase 1Due diligence & SPV setupUpcoming
- Phase 2Investor subscription opensUpcoming
- Phase 3Construction & deploymentUpcoming
- Phase 4Commissioning & first payoutUpcoming
Financial structure
- Total project size
- $6.6M
- Indicative raise
- $3.1M
- Investor share
- To be confirmed at launch
- Payout cadence
- Semi-annual (post-harvest)
How we mitigate risk
- Weather and yield risk mitigated by NAIC multi-peril crop insurance.
- Price volatility hedged through fixed-floor offtake contracts.
- Outgrower default risk managed via input-on-credit and harvest deductions.
Who we're in conversation with
The organisations below are being considered as partners and counterparties for this project. None of these relationships are finalised — they represent the shortlist we are actively engaging as the project moves toward launch.
Project your returns
Based on an illustrative return of 10% APR over a 36-month tenor. Final terms will be confirmed when subscription opens.
Charts update live as you adjust the investment amount.
Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.
Where your slice will sit
A breakdown of how this project is expected to be financed. Higher tranches are repaid first from project cash flows once distributions begin.
- Diaspora senior debt← your tranche55%
- Sponsor equity25%
- Grant / concessional20%
How the raise is deployed
Every dollar is allocated against a line item in the project budget, audited quarterly.
- Irrigation pivots & solar pumps30%
- Mechanisation (tractors, harvesters)22%
- Silos, drying & aggregation centre18%
- Seeds, fertiliser & agro-inputs14%
- Outgrower financing & training8%
- Contingency & working capital8%
Questions investors ask
What happens if a harvest underperforms?+
Multi-peril crop insurance through NAIC covers yield shortfalls from drought, flood or pests, and a 6-month debt service reserve smooths cash flows between harvests.
How are smallholder farmers involved?+
1,400 outgrowers receive subsidised inputs, mechanisation and extension support, then sell produce back to the SPV at a guaranteed floor price.
Be first in line for Kaduna Smart Agriculture Cluster
This project is currently in development. Join the waitlist to be notified the moment investor subscription opens.