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Evaluations of private sector development programmes look at what changed to the workings of the system, and whether these changes are scalable, resilient, and sustainable. We present an evaluation lens that primarily qualifies changes to the systemic nature of food provisioning in markets. It converts theoretical frameworks into 'antennae' receptive to early signs of systemic effects of inclusive agribusiness that fosters food and nutrition security. The tools for this theory-informed approach were developed and applied in 2SCALE, a Dutch-funded programme aiming to incubate inclusive agribusiness and contribute to food and nutrition security goals in Africa. The article reflects on what to monitor to detect early signs of systemic effects and how monitoring can be embedded in unfolding business and partnering processes. It concludes that taking a theory-informed approach gives directionality to strategising and planning, and enhances capacities of partners in inclusive business projects to lead actions towards realising systemic effects. [ABSTRACT FROM AUTHOR]