The first local currency equity-based infrastructure fund in Nigeria
We manage multiple naira-denominated, equity-based infrastructure funds in Nigeria.
AIPF I
AIPF I
AIPF II
AIPF II
AAA+ InfraCorp
AAA+ InfraCo
We invest in sustainable carbon+ businesses
Our funds mobilise capital from public and private sources, to invest in sustainable carbon+ businesses that in turn create, improve or expand infrastructural development in sub-Saharan Africa.
We deploy long-term capital into impactful infrastructure businesses that are mainly owned, managed or operated by credible private sector businesses in exchange for equity. We also take strong governance positions in these investments to ensure efficient delivery and close adherence to best-in-class ESG principles. Africa Plus Partners is a signatory to Principle for Responsive Investments (PRI)
Impactful investments
We are sector agnostic and as such, our investments span all categories including utilities, transport, healthcare, energy, real estate sectors. Our passion for origination means we get there first and take a developmental view of each opportunities core funding and operating model.
Our funds attract some of the most sophisticated EMIs operating in Africa and are now a reference points for high-quality yield investments in Africa’s missing middle infrastructure category.
Our approach:
De-risking and value engineering investments in sustainable infrastructure businesses
Being a value investor and catalyst for infrastructure development in Africa
AIPF I
AIPF I launched in 2017 with a N20.5bn maximum program size, attaining financial close in December 2018. Africa Plus Partners has affiliations with entities and investees that currently fulfill the terms of our trust deed for AIPF I as per the fund managers strategic priorities.
AIPF I Co-Fund Managers include Capital Trust Investment and Asset Management Limited (Capitaltrust)
AIPF II
The fund was opened in 2019 with a capacity size of N200billion. The Fund is an SEC approved Nigerian Naira Infrastructure fund that provides investors exposure to some of the most attractive infrastructure opportunities in Nigeria.
AAA+ InfraCorp
We are appointed under the AAA consortium as one of the asset managers for the Infrastructure Corporation of Nigeria (InfraCorp). The AAA consortium is a partnership-based infrastructure asset manager comprised of leading Emerging Market Investors (EMIs) – Afrinvest and ARC.
InfraCorp is a dedicated, privately managed infrastructure and industrial vehicle established to harness opportunities for Nigeria’s infrastructure development by originating, structuring, executing and managing end-to-end bankable projects in the infrastructure space.
InfraCorp is promoted by the Central Bank of Nigeria, the Africa Finance Corporation and the Nigerian Sovereign Investment Authority.
We are strictly guided by high standard of corporate behaviour
Our Funds currently support these investments by aligning with businesses possessing skilled management teams committed to high standards of corporate behaviour. All our investments have clear potential to improve economies, are infrastructural in nature and sustainable in terms of ESG impact.
