Ginger supplier Agricorp International has attracted $17.5m of series A funding from backers including AFEX and Vami Farms.

Nigeria-based spice producer and exporter Agricorp International has raised $17.5m in a series A round led by poultry farming company Vami Farms and backed by commodities exchange AFEX.

Vami Farms supplied $11.5m of equity funding and was also joined by trade and investment firm One Capital.

Founded in 2018, Agricorp produces, processes and exports ginger to global customers across the Middle East, Europe and the Americas. Nigeria is the third highest exporter of ginger globally, according to data from the…