Bank of Agriculture Launches RH-SHF Opportunity for Farmer Aggregator Companies

The BOA RH-SHF Fund Nigeria programme creates new opportunities for Farmer Aggregator Companies seeking agribusiness funding, agricultural financing, and market access across Nigeria. Through the Bank of Agriculture’s Renewed Hope Smallholder Support and Value-Chain Fund, qualified agribusiness companies can support smallholder farmers while expanding logistics, warehousing, and agricultural value-chain operations. The BOA RH-SHF Fund Nigeria initiative also strengthens food security and rural economic growth through structured financing and farmer support systems.

The programme invites qualified Farmer Aggregator Companies (FACs) to submit an Expression of Interest (EOI) and participate as accredited aggregation partners. This initiative aims to improve agricultural productivity, enhance food security, and create sustainable market opportunities for smallholder farmers across Nigeria.

What Is the Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF)?

The Renewed Hope Smallholder Support and Value-Chain Fund (RH-SHF) is a strategic agricultural financing intervention designed to:

  • Provide affordable credit facilities
  • Improve access to quality agricultural inputs
  • Deliver extension support services
  • Strengthen harvest aggregation systems
  • Guarantee market off-take opportunities

The programme focuses on empowering smallholder farmers while improving efficiency across Nigeria’s agricultural value chain.

BOA recognizes that Farmer Aggregator Companies play a vital role in connecting farmers to resources, financing, logistics, and profitable markets. As a result, the institution seeks competent companies capable of managing aggregation operations at scale.

           

Eligibility Criteria for Farmer Aggregator Companies

BOA requires interested companies to meet specific operational and regulatory standards before accreditation.

To qualify, applicants must:

  • Be duly registered with the Corporate Affairs Commission (CAC)
  • Possess a valid Certificate of Incorporation
  • Provide Memorandum and Articles of Association
  • Demonstrate financial and operational capacity
  • Show evidence of experience in similar agricultural projects

These requirements ensure that only credible and capable organizations participate in the programme.

Required Documentation for EOI Submission

Applicants must prepare and submit clearly labeled PDF documents during the Expression of Interest process.

The required documents include:

Required Document Purpose
Formal Application Letter Introduces the company and interest
CAC Certificate & Forms Confirms legal registration
Memorandum & Articles of Association Shows company structure
Audited Accounts (2022–2024) Demonstrates financial health
Tax Clearance Certificates Verifies tax compliance
PENCOM, ITF, NSITF Certificates Confirms statutory compliance
Interim Registration Report (IRR) Validates contractor registration
Registration with NASC/NAIDA Confirms industry affiliation
Bank Reference Letter Shows banking credibility
Evidence of Similar Projects Demonstrates industry experience
Warehousing & Logistics Details Shows operational strength
Economics of Production (EOP) Provides crop production analysis
Credit Appraisal Memorandum Supports financial assessment
One-Year Bank Statement Confirms cash flow history
NIRSAL Letter of Intent Supports credit guarantee

Companies should ensure that all documents remain accurate, current, and professionally organized before submission.

For more business opportunities, entrepreneurship insights, and funding updates, visit OpportunityLab.

The Strategic Role of Farmer Aggregator Companies

Farmer Aggregator Companies serve as the backbone of agricultural coordination and commercialization.

Under the RH-SHF framework, aggregators will:

  • Mobilize smallholder farmers
  • Distribute agricultural inputs
  • Coordinate extension support
  • Aggregate harvests
  • Facilitate market access
  • Strengthen supply chain systems

The Bank of Agriculture’s RH-SHF programme presents a major opportunity for qualified Farmer Aggregator Companies to contribute to Nigeria’s agricultural transformation while expanding their own operational capacity.

Apply