30 results
- 21 May 2025
First Asset Management Launches N100 Billion Infrastructure Fund to Provide Sustainable Capital for Infrastructural Development Across Sectors
In a strategic move to address Nigeria’s infrastructure financing gap, First Asset Management, one of Nigeria’s leading investment managers and a subsidiary of First HoldCo Plc., has officially…
- 5 Oct 2023
Chapel Hill Denham to List N200bn Infrastructure Fund on NGX
The Nigerian Exchange Limited (NGX), said it is set to admit the listing of Nigeria Infrastructure Debt Fund (NIDF) N200 billion public infrastructure investment fund by Chapel Hill Denham on its…
- 16 Feb 2022
Stanbic IBTC Set to Float 2nd Tranche of N100bn Infrastructure Fund
Stanbic IBTC Asset Management is set to launch the second tranche of its N100 billion Infrastructure Fund to enable more qualified investors to take advantage of this opportunity after securing all…
- 1 Jul 2024
SEC Backs Pension Funds to Bridge Funding Gap for Infrastructure Development
The Securities and Exchange Commission (SEC) has reaffirmed its strong support for Pension Fund Administrators (PFAs) and their professionals in driving economic growth, particularly through capital…
- 18 Mar 2024
Coronation Report Reveals Key Role of Private Sector to Nigeria’s Infrastructure Funding
The maiden edition of Coronation group infrastructure report has revealed that the private sector has a critical role to play in infrastructure funding in Nigeria. The report stated that the key to…
- 14 Dec 2017
Africa Infrastructure Fund secures US$ 100m Loan from AfDB
In the bid to reduce the huge infrastructure financing gap in Sub-Sahara Africa, the African Development Bank has approved US $100 million to The Emerging Africa Infrastructure Fund (EAIF), a Public…
- 27 Nov 2013
Convergence Partners Accelerates ICT Development via Infrastructure Fund
Convergence Partners - an investment management firm focused on the telecommunications, media and technology sector in Africa yesterday announced the launch of the Convergence Partners Communications…
- 9 Feb 2025
FG, World Bank Seek Capital Market Solutions for Infrastructure Funding
The World Bank has said that it is planning to introduce its joint capital markets programme (J-CAP) in Nigeria. The J-Cap, a World Bank initiative, helps developing economies strengthen their…
- 1 Jan 2020
AfDB Backs Spending of Pension Funds on Infrastructure
President of the African Development Bank, AfDB, Dr. Akinwunmi Adesina, gave his support for Nigeria to spend pension fund on infrastructure. Adesina said with the continent’s $1.8trillion pension…
- 9 Jan 2017
NSIA in Credit Tie-up to Unlock Infrastructure Funding
Nigeria Sovereign Investment Authority (NSIA) is setting up a company in partnership with London-based local currency guarantee firm GuarantCo to enable pension funds to invest in Nigerian…
- 29 Jul 2015
Convergence Partners Concludes Plans for $200m Pan-African ICT Infrastructure Fund
Convergence Partners, an investment management firm focused on the African telecommunications, media and technology sector, on Tuesday announced the successful final close of its Convergence Partners…
- 27 Feb 2024
WATISE 2024: Experts Set to Tackle Infrastructure Funding Challenges for Rural Telephony & Green Energy
After successfully hosting the first Edition of the West Africa Telecoms Summit and Exhibition (WATISE), a regional gathering of telecoms players and stakeholders in the industry, all is now set for…
- 27 Sept 2013
Aluko, Nigerian Billionaire, Others Launch $500m Infrastructure Fund
The African Development Bank (AfDB) and Made in Africa Foundation (MIAF), which was co-founded by Kola Aluko, Nigerian billionaire and Ozwald Boateng, Ghanaian-born fashion designer, have launched a…
- 8 Sept 2020
FMDQ CEO Seeks Infrastructure Funding Through Capital Market
Mr. Bola Onadele.Koko, Chief Executive Officer, FMDQ Group, has said that infrastructure development is critical for economic growth, reduced poverty, job creation as well as improving the well-being…
- 11 Mar 2019
Nigeria Needs Telecom Infrastructure Funding Bank - Nnamani
Engr. Ikechukwu Nnamani, is managing director of Medallion Communications, a data centre operator in the country. He spoke to chike onwuegbuchi on issues around data centre operations in the country.…
- 8 Aug 2025
Nigeria Mulls Trust Fund to Preserve Telecom Infrastructure
Nigeria's telecom providers intend to establish the Telecom Infrastructure Protection Trust Fund to pay for equipment protection as the industry faces an alarming increase in infrastructure sabotage.…
- 22 Jul 2013
Africa Endorse AfDB’s Africa50 Fund to Support Infrastructure
In a joint declaration issued in Tunis, Tunisia, on 19 July 2013, African institutions endorsed the AfDB’s Africa50 Fund as Africa’s vehicle to facilitate large-scale mobilization of resources and to…
- 2 Jun 2023
AfDB Approves $20m Investment in Private Equity Fund
The Board of Directors of the African Development Bank Group (AfDB) has approved an equity investment of $20 million in the Africa50 Infrastructure Acceleration Fund I, in support of its target to…
- 2 Mar 2022
AfDB, WAMU sign Agreement to Fund Regional Financial Market Infrastructure
The African Development Bank has signed a grant agreement for an amount of $400,000 with the Dépositaire Central/Banque de Règlement of the West African Monetary Union (WAMU) to modernize the…
- 23 Dec 2020
Stanbic IBTC Pension Fund Managers to Invest in Real Estate, Infrastructure
Stanbic IBTC Pension Fund Managers, Nigeria’s biggest pension-fund manager wants the flexibility to invest directly in large local projects. Financing the development of domestic industries with…
- 27 Feb 2026
Dimension Data Nigeria Secures ₦20Billion Funding to Strengthen Digital Infrastructure
Dimension Data Nigeria has raised ₦20 billion (approximately $13.7 million) through a bond programme under Dimension Data SPV Funding Plc, following approval from the Securities and Exchange…
- 2 Aug 2022
PIC Leads Pension Funds Investing in Africa’s Infrastructure via AFC
In a significant milestone for African pension capital being deployed for domestic infrastructure and industrial development, the Public Investment Corporation (PIC), Africa’s largest asset manager,…
- 22 Jul 2021
IFC Invests in Convergence Partners’ Fund to Boost Digital Access in Africa
To help strengthen broadband infrastructure and improve online access to digital services for individuals and businesses in more than 12 countries in sub-Saharan Africa, IFC announced that it…
- 21 Sept 2023
Infrastructure Bank Earmarks N13Bn to Support FG’s Palliative Fund
The Infrastructure Bank of Nigeria has set aside N13 billion in support of the federal government’s palliatives on fuel subsidy removal via the provision of transportation system to cushion the…
- 25 Jan 2023
Africa Plus Partners Lists N20.5bn Carbon Mitigation Fund on NGX
Africa Infra Plus Fund (AIPF I), has listed N20.5billion closed-end carbon mitigation infrastructure fund on the Nigerian Exchange Limited (NGX). Co-managed by Africa Plus Partners Plc, and…
- 28 Mar 2024
EAIF Commits Additional US$30M to Support Indorama’s Expansion with Third Urea Plant in Nigeria
The Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, has committed a US$30 million senior debt facility to Indorama, a leading producer and…
- 2 Nov 2023
Tizeti Secures Facility to Expand Solar-Based Internet Access in Nigeria
Tizeti Network Limited, West Africa’s pioneer solar-based internet service provider, has secured long-term financing from Chapel Hill Denham’s Nigeria Infrastructure Debt Fund (NIDF) to finance the…
- 6 Aug 2013
FG Targets $2.9Trn to Finance Infrastructure Projects
Federal government of Nigeria plans to use the capital market vehicle in mobilizing both domestic and foreign investors to invest in long term capital projects worth $2.9 trillion (N464 trillion) in…
- 4 Nov 2013
CBN Calls for Diversification of Infrastructure Financing
Malam Sanusi Lamido Sanusi, governor , Central Bank of Nigeria, on Monday called on the Federal Government to consider diversification in sourcing funds for infrastructure development. Sanusi made…
- 30 Oct 2014
IFC partners FCMB Bank to Develop Smaller Businesses in Nigeria
IFC, a member of the World Bank Group, has announced an $87.5 million loan to Nigerian bank FCMB that will help fund infrastructure, green energy projects, and strengthen smaller businesses in the…