Acumen has announced an investment in Pullus Africa Solutions Limited, a Nigerian agribusiness dedicated to creating reliable and fair markets for smallholder poultry farmers.
The investment will support the expansion of Pullus’ aggregation network and cold-chain infrastructure, enabling farmers to sell chickens consistently throughout the year at stable, fair prices rather than being limited to seasonal festive periods.
This strategic funding highlights Acumen’s focus on building inclusive agricultural value chains that deliver both commercial returns and measurable social impact.
Addressing Challenges in the Poultry Value Chain
Smallholder poultry farmers in Nigeria often face significant challenges, including exploitation by informal middlemen who offer low prices and delay payments.
Pullus tackles these issues by directly aggregating chickens from farmers and supplying them to retailers, restaurants, hotels, and food chains across the country.
In addition to aggregation, Pullus provides farmers with comprehensive support, including agronomic training, input financing, and extension services to improve productivity and reduce losses.
This integrated model enhances farmer incomes while strengthening the overall poultry value chain.
Investment Objectives and Growth Plans
The new capital will enable Pullus to:
- Expand its aggregation network and establish new cold-chain hubs, including in Nasarawa State to better serve Abuja and surrounding regions.
- Strengthen supply chain reliability and scalability.
- Deepen its impact by reaching more smallholder farmers and improving market linkages.
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Opeoluwa Fayomi, CEO and Co-Founder of Pullus, stated:
“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.”
Feyisola Adekogbe, Investment Manager at Acumen West Africa, commented:
“Acumen’s investment is a catalytic step in advancing Pullus’ mission.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.”
Broader Impact on Food Security and Inclusion
By creating stable, transparent markets and providing essential support services, Pullus is helping to enhance productivity, resilience, and food security in Nigeria’s poultry sector.
The investment is expected to improve incomes for smallholder farmers, many of whom are women and youth, while contributing to a more efficient and inclusive agricultural value chain.
Future Outlook
Acumen’s investment in Pullus Africa Solutions Limited represents a targeted effort to build fairer and more resilient markets for smallholder poultry farmers in Nigeria.
By supporting aggregation, cold-chain infrastructure, and farmer training, the partnership aims to deliver stable incomes, reduce post-harvest losses, and strengthen food security.
Acumen Fund Overview
Acumen Fund / Acumen Investments: Acumen is a nonprofit impact investor founded by Jacqueline Novogratz that uses “patient capital” to invest in businesses tackling poverty across sectors like agriculture, renewable energy, health and education in Africa and other emerging markets.
Acumen Investments: Acumen invests through equity, debt and impact funds, including the Acumen Resilient Agriculture Fund (ARAF), which supports climate-resilient agribusinesses in Africa.
Pullus Africa: Pullus Africa Solutions Limited is a Nigerian agritech and poultry market platform connecting smallholder poultry farmers to buyers while offering training, financing and cold-chain logistics. Acumen recently invested in the company to expand its operations.
Pullus Africa app download / Pullus Africa login: Pullus Africa mainly operates through its agribusiness platform and partner network; public app download and login portals are not widely published yet. Business access is generally handled through direct onboarding and company channels.
