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ThriveAgric raises N5.3 billion via its Series 1 issuance under a N50 billion Commercial Paper Programme to support smallholder farmers across Nigeria, led by Anchoria Advisory Services.
PRIVATEAug 27, 2026•about 3 hours ago
Amount Raised
₦5.3 Billion
Round Type
Venture - Series Unknown
LagosAgriculture and FarmingFarming
Investors
MulberyFcslFcmb Capital MarketsBas CapitalAnchoria Advisory Services
Description
ThriveAgric has successfully raised N5.3 billion through its Series 1 issuance from the capital market to support 1.2 million smallholder farmers in Nigeria. This marks the company's debut in the Nigerian debt capital markets. The issuance was oversubscribed, reflecting substantial institutional demand. The funds raised will enhance the company's working capital and support its expansion efforts.
Company Information
Company
ThriveAgric
Location
Lagos, Lagos State, Nigeria
About
ThriveAgric is a technology-driven agricultural company focused on supporting smallholder farmers. The company operates in Nigeria and four other African countries, helping farmers scale their operations. It aims to provide access to capital markets to enhance its working capital and expand its agricultural trading operations. ThriveAgric's innovative approach is centered on building a resilient agricultural ecosystem across Africa.
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LagosAgriculture and FarmingFarming