Sococim Industries
Debt Financing in 2023
Sococim Industries specialises in cement production.
Sofitex
Debt Financing in 2021
Sofitex is a cotton producer. Sofitex specializes in the purchase, transport, and ginning of seed cotton, advisory support for producers, supply of inputs to producers, collecting seed cotton, and collection and distribution of inputs.
Motito is a fintech company focused on enhancing financial inclusion and access to credit across Africa. It operates a mobile shopping app that allows users to shop at their preferred retail stores while offering a buy now, pay later option. This platform enables customers to make purchases and pay in installments, providing an interest-free credit solution at the point of sale. By tailoring payment plans to individual needs, Motito aims to streamline the shopping experience and improve financial accessibility for its users.
Trove Technologies Limited operates an online platform designed to facilitate investment in a range of securities, including stocks, bonds, mutual funds, and cryptocurrencies. Based in Lekki, Nigeria, Trove aims to simplify the investment process for beginners by providing an accessible application that allows users to easily find and select investment opportunities. The platform features a user-friendly KYC process, brokerage services, and a personalized news feed related to the assets traded. Trove enables investors to participate in both local and international markets, offering access to Nigerian stocks, government bonds, and a selection of cryptocurrency assets. Through its seamless approach to micro-investing, Trove empowers users to engage with the financial markets with ease.
OKO is a provider of crop micro-insurance services aimed at supporting farmers in emerging markets. The company leverages satellite information to assess risk and design tailored insurance products specifically for agricultural needs. By utilizing mobile technologies, OKO facilitates the distribution of insurance, collection of premiums, and management of claims. This innovative approach allows small farmers to access personalized and automated crop insurance policies at affordable rates, providing them with financial security against adverse weather conditions such as droughts and excessive rainfall.
Sephis Foundation
Grant in 2021
SEPHIS Foundation is an advocates for better living conditions and the empowerment of people who are considered to be in the minority, particularly girls and women, to take charge of their own social and economic circumstances. Thus, it sheds light on young people's perspectives and opinions on issues concerning their participation and empowerment.
SMILE Telecoms Holdings
Debt Financing in 2015
Smile Telecoms Holdings Limited is a telecommunications company that provides broadband Internet access and communication services across Africa. Founded in 2007 and headquartered in Port Louis, Mauritius, the company operates in several countries, including Nigeria, Tanzania, Uganda, the Democratic Republic of Congo, and South Africa. Smile offers mobile broadband Internet, voice, and messaging services through its advanced long-term evolution broadband network. The company also markets WiFi routers, MiFi routers for multiple users, and USB dongles for single users, catering to a diverse clientele that includes small and medium enterprises, households, and individuals. With a significant potential customer base and growing smartphone ownership in its markets, Smile Telecoms aims to enhance Internet accessibility and connectivity across the region.
Golden Star Resources
Post in 2014
Golden Star Resources Ltd. is a gold mining and exploration company based in Toronto, Canada, with operations primarily in Ghana. The company has been active in the region since 1999 and owns and operates the Wassa open-pit and underground gold mines, as well as the Bogoso gold mining and processing operation, and the Prestea open-pit and underground mines. These sites are located within the Ashanti Gold Belt, a region known for its rich gold deposits. Golden Star also holds interests in various gold exploration properties in Ghana and Brazil, reflecting its strategic focus on expanding its resource base and enhancing operating margins by shifting production towards lower-cost ore. The company was incorporated in 1992 and continues to play a significant role in the gold mining sector.
Banco ProCredit Mozambique
Acquisition in 2014
Banco Procredit Mozambique offers specialized finance and banking services for small and medium enterprises in fishing and agriculture.
Oceanic Bank International
Acquisition in 2011
Oceanic Bank International provides various commercial banking services to corporate, commercial, and individual customers in Nigeria. Its corporate banking products and services include direct debit facilities, current accounts, deposits, overdrafts, loan and other credit facilities, foreign currency, and derivative products. The company also offers retail banking services comprising private banking services, private customer current accounts, savings, deposits, investment savings products, custody, credit and debit cards, consumer loans, and mortgages. In addition, it provides various services, including financial instruments trading, structured financing, corporate leasing, and merger and acquisitions advice, as well as life and non-life insurance underwriting services. After her tenure at the Central Bank of Nigeria (CBN), Dr Mrs. Seinye O.B. Lulu-Briggs directly joined the Ocean Bank International, a Nigerian Bank that provides corporate, commercial, and individual banking services, as Assistant Manager. At the bank, she was responsible for administration, data processing credit, and a fair exposure to marketing. Taking her experience in consideration, Dr Mrs. Seinye O.B. Lulu-Briggs was directly responsible for setting up and managing the Port Harcourt (PH) Township Community Bank.