The Sahel Agribusiness Private Debt Fund (SAPDF) is a SEC-registered, Naira-denominated, closed-ended private debt fund designed to provide structured financing to agribusiness SMEs and infrastructure projects across Nigeria.
The Fund invests primarily through secured debt instruments, targeting stable income and competitive risk-adjusted returns while supporting food security, productivity, and economic growth.

SAPDF targets a return of 400 basis points above the 10-year Federal Government of Nigeria (FGN) bond yield.
This benchmark-linked strategy enables investors to earn a spread over sovereign yields while gaining exposure to diversified private credit opportunities in the real sector.

The Fund generates returns through:

• Interest income from structured loans
• Principal amortization
• Asset-backed lending structures

The strategy focuses on secured, risk-priced lending across multiple agribusiness value chains and infrastructure assets.

SAPDF deploys capital across two core strategies:
Trade Finance & Working Capital (Short to Medium Term)

• Loans supporting procurement, aggregation, processing, and distribution
• Financing seasonal working capital needs of agribusiness SMEs

Agribusiness Infrastructure (Long Term)

• Storage facilities (silos, warehouses)
• Cold-chain assets
• Renewable energy systems
• Processing plants and logistics hubs

The Fund may also allocate up to 20% to short-term money market instruments for liquidity management.

SAPDF is designed for:

• Pension Funds
• Insurance Companies
• Development Finance Institutions (DFIs)
• Sovereign Wealth Funds
• Family Offices
• High-Net-Worth Individuals
• Other Qualified Institutional Investors

The Fund’s closed-ended structure and semi-annual income profile make it particularly suitable for liability-driven investors seeking predictable cash flows.

The minimum subscription is ₦10,000,000 (10 million units), then in multiples of ₦5,000,000 thereafter (1 Unit = ₦1).

Large-ticket investors may qualify for Advisory Board representation, subject to allocation thresholds (20% of the Fund Size).

• Distributions are paid semi-annually.
• At least 90% of Net Income will be distributed to investors.

The Fund is structured to deliver recurring income through contractual interest payments.

• Series 1 Tenor: 10 years.
• Closed-ended structure.
• Progressive returns are provided through income distributions.

SAPDF is designed for medium- to long-term investors seeking stable income rather than short-term liquidity

Risk management is embedded throughout the investment process and includes:

• Diversification across agribusiness value chains
• Secured lending and collateral-backed structures
• Risk-based pricing
• Strong Risk Management oversight
• Investment Committee approval process
• Trustee and Custodian governance
• ESG screening and ongoing monitoring

The Fund leverages Sahel Capital’s 15-year track record in agribusiness investing across Sub-Saharan Africa.

Yes. SAPDF is:

• Registered with the Securities and Exchange Commission (SEC) Nigeria
• Structured as a Naira-denominated multi-series programme
• Governed by a Trustee, Custodian, Investment Committee, and Advisory Board

SAPDF supports:

• Expansion of food processing and storage capacity
• Reduction in post-harvest losses
• SME growth and job creation
• Strengthening of agricultural supply chains
• Climate-smart and sustainable infrastructure

The Fund contributes to SDGs 1 (No Poverty), 8 (Decent Work & Economic Growth), and 13 (Climate Action).

Investors may subscribe by:

• Contacting the Fund Manager for the Prospectus and offering documents
• Completing subscription and KYC documentation
• Making capital commitment during the book-building process

For more information, please contact: sapdf@sahelcp.com