Panafriconnect supports real economic growth across Africa by funding promising businesses and sectors. Our platform connects investors with impactful opportunities designed to stimulate economic development, entrepreneurship, and financial growth.
These metrics reflect the growth and activity of the Panafriconnect ecosystem.
Total Projects Funded
Agriculture Projects
Retail Expansions
Technology Startups
These are some of the economic initiatives supported through the Panafriconnect ecosystem.
Location: Nigeria, Lagos — Ikoyi
Renee Supermarket – Ikoyi
Renee Supermarket is an established supermarket located at 45 Cameron Road, Ikoyi, Lagos. The business operates in the retail sector, providing groceries, toiletries, household supplies, fresh produce, bakery products, packaged foods, beverages, and other everyday consumer goods. Public business listings identify the supermarket at this address and describe it as a well-stocked retail outlet serving customers in the Ikoyi area. �
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The Ikoyi location benefits from its position within an active residential and commercial district of Lagos. The supermarket provides a convenient shopping destination for individuals, families, offices, and other customers seeking a wide variety of everyday products. It is also reported to have substantial parking and operates extended daily hours. �
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The project aims to:
Increase inventory and product availability
Improve stock management and storage capacity
Strengthen customer service and retail operations
Expand the range of essential consumer products
Improve operational efficiency and customer reach
Support employment and local commercial activity
Strengthen the connection between suppliers and consumers
Investment Opportunity:
A project associated with Renee Supermarket would be positioned within Lagos's established consumer-retail sector, where demand for groceries, household products, personal-care items, and other everyday goods creates ongoing commercial activity.
The proposed funding would support expansion-related activities such as inventory, operational improvements, storage, and other approved business requirements. Any investment terms, expected returns, duration, and use of funds should be clearly disclosed to participants before they commit funds.
Funding Target: 7,500,000 XAF
Funding Target: 7,500,000 XAF
Raised: 652,000 XAF
Location: Nigeria, Lagos — Maryland
SPAR Maryland
SPAR Maryland is a retail and hypermarket business located at 299 Ikorodu Road, Maryland, Lagos. SPAR Nigeria operates a nationwide retail network offering a broad range of products including groceries, fresh foods, beverages, bakery products, household items, electronics, lifestyle products, and other everyday consumer goods. SPAR Nigeria is operated by Artee Industries Limited, a company active in retail, real estate, manufacturing, and distribution.
The Maryland location serves consumers within one of Lagos's busy residential and commercial areas. Its retail model is focused on providing customers with convenient access to a wide variety of everyday products while maintaining customer service and product quality.
The project aims to:
Increase inventory and product availability
Improve stock management and storage capacity
Strengthen customer service and retail operations
Expand the availability of essential consumer products
Support relationships with suppliers and local producers
Improve operational efficiency and customer reach
Contribute to employment and economic activity within the local community
Investment Opportunity:
A project associated with an established retail operation such as SPAR Maryland provides exposure to the consumer retail sector and the everyday demand for food, household products, fresh goods, and other essential items.
SPAR Nigeria states that its wider network operates 14 stores across five Nigerian cities and serves more than 5 million shoppers annually. The company also highlights partnerships with vendors and support for farming and local products.
For PAC, the proposed project focuses on supporting productive retail activity and connecting participation with an established commercial environment in Lagos.
Funding Target: 6,000,000 XAF
Raised: 745,600 XAF