The Nigeria Sovereign Investment Authority (“NSIA”), manager of Nigeria’s sovereign wealth fund, and Z Capital Group (“ZCG”), a leading private markets asset manager, Wednesday announced a joint venture partnership to establish a fund focused on infrastructure investments in Africa.
According to a statement by NSIA, under this MoU, ZCG and NSIA will pursue equity, debt, and other blended financial instruments for investments across diverse sectors, including, but not limited to, healthcare, renewable energy, mobility & logistics, energy transition, climate-adaptive infrastructure, digital & social infrastructure, climate-smart agriculture, and green industrialization.