ACA principal speaks at the 2017 IFC/EMPEA Conference
May 16, 2017, Washington, DC – ACA Principal, Ladell Robbins, participated in a breakout panel session on Sub-Saharan Africa during IFC’s 19th Annual Global Private Equity Conference in association with EMPEA.
In his remarks, Ladell noted that Africa needs more money in the right places as well as younger managers with new ideas about how to implement different strategies, such as middle market investing or co-investment, to take advantage of Africa’s opportunity.
The Annual Global Private Equity Conference attracts more than 850 delegates from 60+ countries and features in-depth keynotes and panel discussions on the future of emerging markets investing with on-the-ground perspectives from macro and regional experts and the most active investors.
Head of Real Estate speaks at the 14th AVCA Conference
April 5, 2017, Abidjan, Cote d’Ivoire – ACA Principal, Head of Real Estate, Obi Nwogugu, participated in a panel discussion themed “From the Ground Up – Brick by Brick,” during the 14th Annual African Venture Capital Association (AVCA) conference in Abidjan, Cote d’Ivoire.
The panel, comprising of a diverse group of fund managers, shared various investment strategies for backing real estate opportunities in Africa.
The Annual African Venture Capital Association Conference provides an important platform for private equity and venture capital professionals to discuss the most pertinent investment opportunities and issues facing the continent.
“Companies to inspire Africa” report highlights Beloxxi
March 31, 2017 – Following a multi-month selection process, the London Stock Exchange (LSE) today published “Companies to Inspire Africa, 2017”; a report which features companies operating on the African continent with promising futures. Beloxxi Industries Limited, an ACA investee company, was profiled in the report.
The “Companies to Inspire Africa, 2017” report was launched in partnership with the Africa Development Bank Group (AfDB), the CDC Group and PwC. Previous reports released by the London Stock Exchange include “1,000 Companies to Inspire Europe” and “1,000 Companies to Inspire Britain.” The objective of the report is to promote the development of African Capital markets by bringing global visibility and attention to privately held, high-growth companies across Africa.
Please click here to read the Beloxxi story on page 55 of the report.
SVP energy, speaks at the 5th annual energy finance forum
March 10, 2017, Lagos, Nigeria – Mr. Gbenga Adetoro, Senior Vice President, Energy, at Capital Alliance Nigeria, today participated in a panel discussion themed the “Role of private equity in shoring up local participation in Oil & Gas,” during the 5th Annual Energy Finance Forum (EFF) of the Centre for Petroleum Information (CPI).
In his opening remarks, Gbenga highlighted the important role private equity (PE) can play in providing not only long-term equity capital, but also institutional support, to help create indigenous champions in the upstream oil sector. According to him, the Nigerian upstream sector has a rich set of lower-risk upstream assets with significant capital requirements and debt capacity constraints, which presents a unique opportunity for PE, as the equity financing for these assets tend to be fairly sizable in an environment where there is a paucity of funds.
He also disclosed the immense opportunities for indigenous participation in the Oil Fields Services (OFS) space following the passing of the Nigerian Content Development Act in 2010 and stated that PE can provide the necessary equity financing and enabling platforms to catalyse consolidation in the OFS space.
He concluded by indicating that ACA continues to see attractive opportunities to back indigenous players across the oil & gas value chain despite the challenges in the Nigerian oil & gas industry and offered practical ideas on how entrepreneurs can attract private equity funding despite economic headwinds.
Topping out ceremony holds for Alliance Place
July 18, 2016 – Edimara Properties Limited, a developer of office accommodation in Lagos, today held a topping out ceremony to celebrate the completion of the structure of Alliance Place, an innovative Grade A office building situated in the prime commercial center of Ikoyi, at 33A Alfred Rewane Road (formerly Kingsway Road), Ikoyi, Lagos. Alliance Place, which has been under construction for a year, has now reached its full height of twelve levels and is scheduled to open later this year. Already, more than 50% of the office space has been committed to tenants.
Once completed, Alliance Place will boast eight floors of flexible office space and meeting rooms, four floors of multi-level parking, a light and airy reception area and a ground floor cafe. Contemporary and international elements along with select African accents will be incorporated into the style of this ultra-modern structure, which will employ green, sustainable development features, including smart technology in its building management systems and services delivering low occupancy costs to its tenants. A high performance glass curtain wall, interior finishes with a contemporary look and feel will also be provided for ease of maintenance and high level user-friendly security and access control systems will be given top priority for tenants and visitors. Finally, a circular traffic management system will be built in to enhance safety and accessibility to and within the building.
Office spaces are designed with high efficiency and flexibility, affording modular spaces ranging from 200 square meters up to 920 square meters on each floor. The building’s central location in Ikoyi will also afford premium access to luxurious hotels including Southern Sun and the Wheatbaker as well as recreation facilities such as the prestigious Ikoyi Club, the Polo Club and the Lagos Boat Club.
The project is being executed by a distinguished team of consultants: Greenhouse Inc. Limited (Project Managers), Ngonyama Okpanum & Associates (Architects), Arup (Civil & Structural Engineers), KOA Consultants (Mechanical & Electrical Engineers), Natuhab (Regulatory Consultants) and HOS Consult Limited (Quantity Surveyors) and Melcon M (HVAC Engineers).
The main building contractor is BCL Limited, which brings 25 years of experience in the Lagos construction arena and utilizes leading edge methodologies to ensure that budget, quality and delivery programs are met.
Edimara Properties Limited is a joint venture between ACA Holdings Limited and Samges Investments Limited.
ACA Holdings is the investment holding arm of African Capital Alliance (ACA), a leading international investment firm focused on structuring and managing investments in various sectors in Sub-Saharan Africa. Since its formation in 1997, ACA has attained capital commitments of over $1billion from investors.
Samges Investments Ltd is a unit of Oasis Group Ltd, an investment holding company operating in asset management, property development, packaging and manufacturing.