Babban Gona, Nigerian agri-tech platform, has attracted a $7.5 million debt investment from the British International Investment (BII) to boost food security and climate resilience for smallholder farmers in northern Nigeria.
The investment will help scale Babban Gona’s innovative model that enables farmer-led enterprises access funding, improve yields, income and climate resilience for 140,000 farmers in northern Nigeria by 2029.
“We are thrilled to have them partner with us in this next phase of our journey as we accelerate the impact of our work, with the ambition to become the earth’s highest-impact business,” Kola Masha, managing director, Babban Gona, said at the signing.