Tomato Jos Secures USD 2 M Debt Facility From Sabou Capital To Expand Local Processing

Sabou Capital has provided a USD 2 M impact-linked debt facility to Tomato Jos Farming and Processing Limited to expand its farmer network and increase processing capacity in Kaduna State.

Founded in 2014 by Mira Mehta, Tomato Jos operates a vertically integrated agribusiness that sources from more than 3,000 smallholder farmers—60% of whom are women—and manufactures tomato paste for the West African market.

The financing from Sabou Capital comes as Nigeria seeks to boost local production following a ban on imported tomato paste. Structured around impact targets such as farmer inclusion, women-led sourcing, and rural employment, the facility is designed to lower borrowing costs as the company achieves agreed social and economic outcomes.