Nigeria-focused private equity fund manager Sahel Capital has agreed to invest in Nigeria-based rice grower and processor Coscharis Farms. The company, which has 2,500 hectares of land for rice cultivation, plans to install a new rice mill and irrigation system and establish a smallholder farmer program to reach 2,000 farmers in the state of Anambra. Sahel’s investment will come from the Fund for Agricultural Finance in Nigeria (FAFIN). Financial details of the transaction were not disclosed.