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…