Asset Managers begin funds mobilisation for infrastructure projects
Asset managers for Infrastructure Corporation of Nigeria have said they will soon begin to release funds for infrastructure projects in Nigeria. The Infrastructure Corporation of Nigeria, members of the AAA Infrastructure Nigeria Limited (Triple A Infra), including Afrinvest, Africa Plus Partners, and ARC Asset Management, had recently signed the term sheet for the management of part of an N15tn infrastructure fund, dedicated solely to investment in Nigeria.
Infrastructure: CBN, InfraCorp conclude plans with Asset managers
The Central Bank of Nigeria, CBN and Infrastructure Corporation (Infracorp) of Nigeria has concluded plans with four independent Asset managers on how to commence the delivery of infrastructure to the country. The plans were made formal with the signing of terms sheet by the corporation and asset managers namely the AAA Consortium, Chapel Hill Denham, Africa Infrastructure Investment Managers, Nigeria, and Sanlam Infraworks in Lagos.
Osinbajo Commissions Delta Secretariat Complex
Vice President Yemi Osinbajo has commissioned multibillion naira Prof. Chike Edozien Secretariat Complex for civil servants, and 8.5 megawatts Asaba Independent Power Plant (IPP). The state government executed the complex, while the Asaba IPP was executed in partnership with private firms, Bastanchury Power Solutions Nigeria Limited and Africa Plus Partners.
Apply for Nigerian Student venture Prize 2021- Student Entrepreneurs to win N3million Funding
The Nigerian Student Venture Prize is back and better. Organizer say participants in this second edition will be empowered with N3 million seed fund alongside requisite skills and mentorship to setup their business ventures.
Agusto & Co. upgrades the rating of Africa Plus Partners Limited (APPL or ‘the Manager’) to A-(IM).
The rating reflects the Manager’s satisfactory research capabilities, extensive deal analysis and good decision-making process with oversight from highly experienced committee members and Africa Finance Corporation (AFC). We also note positively APPL’s growing operational track…
Resetting the Nigerian Economy: Beyond COVID -19 and ENDSARS – PANEL SESSION
The Chairman of Africa Plus Partners, Anhad Narula spoke on “The role of infrastructure development in solving poverty, insecurity and economic problems”
Africa Plus Partners finances its first power station
The Nigerian fund is getting into the energy business, having raised the capital needed to build an 8.5 MW gas-fired power plant.
Africa Plus Partners rated “BBB+(IM)” by Agusto & Co.
Agusto & Co has assigned a BBB+(IM) rating to Africa Plus Partners Limited (APPL or ‘the Manager’). The rating assigned to APPL is supported by the Manager’s highly qualified and well-experienced investment committee…