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    Home»Opinion»Acumen backs Nigerian poultry venture
    Opinion

    Acumen backs Nigerian poultry venture

    ElanBy ElanMay 5, 2026No Comments2 Mins Read
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    Acumen backs Nigerian poultry venture
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    Acumen has invested in Pullus Africa Solutions Limited, a Nigerian agribusiness working to create more reliable markets for smallholder poultry farmers. The investment will support Pullus in expanding its aggregation and cold-chain infrastructure, enabling farmers to sell chickens year-round at stable prices.

    Across Nigeria, many smallholder farmers depend on informal middlemen who offer extremely low prices for chickens and frequently delay payments. Without reliable buyers, farmers often restrict production to festive seasons such as Ramadan and Christmas to avoid selling under pressure. The result is unstable incomes for farmers and periodic shortages in poultry supply.

    Pullus aggregates chickens from smallholder farmers and supplies retailers, restaurants, hotels, and food chain stores across Nigeria. By purchasing birds directly and negotiating fair prices with buyers, Pullus helps farmers access dependable markets while reducing their reliance on exploitative intermediaries.

    The company also provides training, extension services, and input financing. Through these services, farmers gain access to practical knowledge and resources that help increase productivity and reduce losses.

    “Acumen’s investment accelerates our mission to make poultry farming more profitable and resilient for smallholder farmers. Together, we are building a scalable, market-driven solution that strengthens food security and livelihoods across Nigeria and Africa,” said Opeoluwa Fayomi, CEO and co-founder of Pullus.

    With Acumen’s support, the company will deploy new cold-chain hubs in Nasarawa, enabling Pullus to better service Abuja and other surrounding states.

    “Acumen’s investment is a catalytic step in advancing Pullus’ mission to make poultry farming more profitable and resilient for smallholder farmers in Nigeria. When we first met Opeoluwa, Pullus was still pre-revenue, but her clarity of vision and conviction stood out. The speed and discipline with which the company has scaled reinforces our belief that this is a durable, market-driven platform with the potential to strengthen food security while improving farmer livelihoods,” commented Feyisola Adekogbe, investment manager at Acumen West Africa.

    Want to know who is raising, investing, and exiting in Africa? Get Africa Private Equity News’ monthly Dealmaker’s Log – a database of reported investment deals, exits, and fundraising closes. The Dealmaker’s Log is available to all Premium subscribers, with the latest edition delivered immediately upon subscribing – subscribe now.

    Acumen backs Nigerian poultry venture
    Elan
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