Creating Shared Value for Sustainable Growth in our Markets

Lagos

Creating Shared Value for Sustainable Growth in our Markets

Accra

Overview

Verod is a leading West-African private equity investor seeking to partner with fast growing companies, led by strong, result driven management teams, and which have the potential to become large, dominant and sustainable enterprises. We are focused on creating economic value, and also resolutely committed to creating jobs, promoting gender equality and supporting environmental sustainability. We are active across various sectors, including but not limited to light manufacturing, consumer goods, business services, agriculture, education, healthcare and financial services.

About Us

History

A firm with a rich, long-standing entrepreneurial culture, Verod was founded in 2008 as an investment boutique operating out of West Africa.  In its infancy, Verod raised capital on a deal-by-deal basis.

In 2014, in response to the growing opportunities in West Africa and conversely, the increased appetite of foreign institutional investors looking to expand into new markets, Verod transitioned into one of the truly indigenous Private Equity firms in West Africa. Following a successful capital raising drive in a particularly challenging macroclimate in Nigeria and West Africa as a whole, the firm exceeded its original target fund size, and Verod Capital Growth Fund II launched as the largest first time fund in Nigeria’s history.

Verod is backed by a rich blend of mainly foreign and institutional investors including pension funds, sovereign wealth funds, insurance companies, asset management firms, fund of funds, family offices and development finance institutions (with extensive experience supporting Fund Managers across emerging markets).

Our Approach

Verod continues to remain true to its original mission of partnering with businesses to harness opportunities within West Africa.

Verod looks to actively drive economic development across key industries; opportunistic by nature, the firm has developed a deep understanding of its local market and its track record to date demonstrates its ability to select high quality deals based on well thought-through investment strategies. Through proprietary research and its deep network of regional industry professionals and financial institutions, Verod is able to source attractive, at times off-market investment opportunities exhibiting strong potential for marked growth in earnings.

Overall, Verod strives to be economically and socially responsible in both its for-profit and non-profit endeavours and at its core strives to generate attractive risk-adjusted returns. One of the firm’s key philosophies is its belief that successful investing is not incompatible with responsible investing; indeed, Verod believes it is simply plain good business.

Brief Overview of Investment Process

Verod consistently follows a transparent and disciplined process in identifying, selecting and pursuing investment opportunities. Once the respective Financial, Commercial, Legal and ESG Due Diligence reviews are finalised, results are presented to Verod’s Investment Committee (which includes an outside, independent member), which makes investment recommendations.

Leveraging its in house transactional advisory expertise, the firm aims to negotiate and structure investments to provide the necessary framework for growth, and typically takes an active role in monitoring and managing portfolio companies to execute on the business plan and position the portfolio company for a successful exit.

Overall, the investment process typically includes deal sourcing, deal screening, rigorous due diligence, structuring and financing. Once an investment is made, the respective deal team stays actively involved in each business to direct, monitor and increase the value of portfolio investments from the period of investment to exit. Verod will typically look to achieve significant capital appreciation within the medium to long-term, and on the whole, will look to:

  • Mitigate risk, in the event the portfolio company underperforms (e.g: ensuring adequate protection in a minority equity holding by negotiating adequate control rights to influence key decisions such as strategy, operating capital budgets and the selection and evaluation of senior managers);
  • Incentivise management to grow the value of the business; and
  • Develop the portfolio company’s overall internal controls and governance towards international best practices.

BRIEF OVERVIEW OF INVESTMENT STRATEGY

As mentioned, a key part of Verod’s core strategy is to develop sector leaders, with a focus on companies with the potential for strong growth.

The firm will seek to invest equity or equity-linked instruments with downside protection typically in high-growth middle market opportunities in Sub-Saharan Africa, primarily West Africa. The firm aims to build a diverse portfolio across several fast-developing industries including but not limited to, Consumer Goods and Services, Financial Services, Light Manufacturing, Agribusiness, Business Services and Education.

The Firm targets investment opportunities in companies that typically possess:

  • Proven business models;
  • High growth market potential;
  • Profitability or ability to quickly reach profitability after funding;
  • Strong and motivated management or the ability to institute such strong management;
  • Strong company governance and ESG standards or the ability to implement such standards after investment;
  • Capacity to generate significant free cash flow for reinvestment or shareholder return; and
  • Potential to become leaders within applicable sectors.

Our team

The firm is led by partners with significant combined experience and expertise in investing and operating businesses in West Africa.

The wider Verod team is composed of a high caliber, diverse group of professionals with complementary strengths and depth of experience in investing and supporting operations of partner companies.

The firm is led by partners with significant combined experience and expertise in investing and operating businesses in West Africa. The wider Verod team is composed of a high caliber, diverse group of professionals with complementary strengths and depth of experience in investing and supporting operations of partner companies.

The wider Verod team is composed of a high caliber, diverse group of professionals with complementary strengths and depth of experience in investing and supporting operations of partner companies.


Danladi Verheijen
Managing Partner & Co-Founder
Danladi is a Co-founder and Managing Partner of Verod. Prior to founding Verod, Danladi held roles at Citibank Nigeria, Ocean and Oil Holdings, and at McKinsey & Company. He is a Director of DTRT Apparel Ghana, Shaldag Limited, and Niyya Farm Group. Danladi also sits on the board of the African Venture Capital Association (AVCA) and the Private Equity and Venture Capital Association of Nigeria (PEVCAN). He was named a Young Global Leader by the World Economic Forum in 2014. He received a B.Sc. in Electrical Engineering from Calvin College, an M.Sc. in Engineering-Economic Systems & Operations Research from Stanford University, and an MBA from Harvard Business School.
Nieros Oyegun Soerensen
Partner & Chief Operating Officer
Nieros is a Partner and the Chief Operating Officer of Verod. Prior to joining Verod, Nieros headed up
The Africa List and Nigeria coverage at CDC Group. She was previously the Head of Corporate Finance
and Investor Relations at LADOL and has a background in infrastructure project finance and corporate
strategy from Macquarie, alternative asset management from New Holland Capital, and banking from
Goldman Sachs & Co. She is a director of Tangerine Financial Holdings, Bestseller Foundation, and
Talawa Theatre Company. She received a B.Sc. in Mathematics and Economics from Columbia
University and an M.Sc. in Finance from London Business School, where she serves on the Dean’s
Alumni Council.
At Verod, Nieros is on a mission to build an effective institutional organisation and create an environment
where every team member can succeed.

Daniel Adeoye
Partner & Head of Investments
Daniel Adeoye leads the Investment Team for the Private Equity Group. He spearheads origination efforts; and, collaborating closely with founders, CEOs, and senior management teams, supports partner companies to accelerate growth and execute value creation plans. 

Daniel joined Verod in 2009 from Zenith Capital Management, where he specialized in equity and debt offerings, strategic advisory initiatives, and M&A. He works with the firm’s investments in Greensprings School, Rainbow Educational Services and Central Securities Clearing Systems Plc (NASD: SDCSCSPLC) and sits on several Boards, including: the Boards of Daystar Power group, Tangerine Pensions, APT Pensions and Rotoprint. He was actively involved in Verod’s investments in GZI, Rotoprint, Sac Oil (JSE: SCL), HFP Industries, African Lifestyle, and Transnationals Academic group. 

Daniel holds a BA (Hons) in Economics from Ahmadu Bello University and an MBA from Kellogg School of Management, Northwestern University. Daniel is a member of the Institute of Directors.
Wale Odusanya
Principal, Investments
Wale is a Principal on the Investment Team. Prior to joining Verod, Wale was the Head of the Financial Advisory Team at Stanbic IBTC Capital Limited, where he spent more than a decade participating in some of the most groundbreaking deals in the Nigerian market. Wale has significant experience in originating, structuring, executing and negotiating mergers, acquisitions, divestitures and corporate restructurings. His experience spans across industry segments including financial services, consumer products and consumer services. He received a B.Sc. (First Class) in Accounting from the University of Lagos and is a charter holder of the Chartered Financial Analyst (CFA) program.
Trish Amoah-Ntim
Principal, Investments
Trish is a Principal on the Investment Team leading the Ghana office. Prior to this, Trish was a Manager in Financial Advisory at Deloitte and Touche (Ghana) where she managed engagements across Corporate Finance, Transaction Services and Valuation & Modelling. Prior to Deloitte, she worked with Verod as a Manager in Lagos and before that, in London with Deutsche Bank, HSBC and Lehman Brothers. She received an MBA from Harvard Business School, an MSc in Finance and Private Equity from The London School of Economics and a BSc (Hons) in Applied Business Management from Imperial College London. Trish is also a CFA Charterholder.

Olawunmi Abiodun
Senior Vice President & General Counsel, Corporate
Olawunmi is a Senior Vice President and the Head of the Legal Team. She is General Counsel, Corporate; and also the Company Secretary. Prior to joining Verod, she was an Associate Legal Officer with the UN International Criminal Tribunal for the Former Yugoslavia in The Hague where she advised on international law, diplomacy and policy matters. Prior to that, she worked as an Associate with Matrix-Solicitors, where she advised clients on a wide range of corporate and commercial transactions. She received an LLB degree from Obafemi Awolowo University and an LLM in International and European Law, with specialization in International Trade & Investment Law from the University of Amsterdam. She was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria in 2004, and is a member of the Chartered Institute for Securities and Investment (UK).

Dipo Okuribido
Senior Vice President & General Counsel, Commercial
Dipo is a Senior Vice President within the Legal Department, and the General Counsel, Commercial. Prior to joining Verod, he was a Senior Associate at Banwo & Ighodalo, where he worked in the Energy, Tax, Capital Markets and Finance Practices. He has more than seven years experience advising a wide range of clients on M&As in breweries, oil and gas, manufacturing, and fast-moving consumer goods sectors. He received an LLB from the University of Lagos, and is currently studying part-time for an MBA at Gies College, University of Illinois, Urbana-Champaign. He is an Alumnus of the International Lawyers for Africa Programme.
Omolara Ojo
Chief Financial Officer
Omolara Ojo is a Vice President on the Finance team and is the Chief Financial Officer at Verod. She is a finance professional with over 20 years of varied experience in strategy, private equity, fundraising, investor relations, financial reporting & management, financial planning & analysis, project management, audit, and consulting.

Prior to joining Verod, Omolara was CFO at Arnergy Solar Limited, a renewable energy company backed by foreign and local institutional investors, where she led the financial strategy of the business and successfully raised debt capital for the business. She also led the pricing strategy of the Company with a keen focus on working capital and liquidity management.

Prior to this, Omolara was Senior Vice President, Investor Relations & Fundraising at African Capital Alliance (ACA). She was primarily responsible for developing and executing fundraising strategies, growing the investor base, and managing investor relationships. She also led the development of a bespoke fund product/strategy to unlock capital from local institutional investors.  

Prior to her Investor Relations & Fundraising role, Omolara also served as a Financial Controller at ACA and was responsible for financial control, IFRS-compliant financial reporting, financial planning & analysis, management reporting, valuations, tax compliance and annual audits for private equity funds, and related investment vehicles. She also served as a business partner to the investment teams, providing advice on financing structures to achieve tax and foreign exchange efficiency. At ACA, Omolara equally served as a Project Manager and led the successful implementation and delivery of an integrated ERP solution for the firm. 

Omolara started her career with KPMG Professional Services as an audit consultant where she led the audit of several banks, asset management companies and pension funds. 

Omolara holds a Global Executive MBA from the IE Business School, Madrid. She also has a bachelor’s degree in accounting from the University of Ilorin and she is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).
Malvika Kapoor
Vice President, Investments
Malvika is a Vice President on the Investments Team. Prior to joining Verod she was Managing Director of Vital Products Plc, where she re-structured the business, established systematic and technological processes for recruitment and other key business activities and led the transformation of major existing brands and built a range of new brand. She remains on the board of directors of Vital Products Plc.

Malvika has a background in Corporate Social Responsibility at Sedex Global (UK) and Private Wealth Management at Deutsche Bank; Alfred Herrhausen Gessellschaft (AHG) in Berlin. At Sedex, she engaged with SMEs/FTSE 350 companies to provide technology solutions on their requirements around supply chain risk, sustainability, and brand risk. At the AHG Malvika focused on new forms of governance as a response to the challenges of the 21st century. She worked closely with LSE Cities, an international investigation service of social dynamics of cities centered on research initiative and Policy-Network a leading think-tank promoting solutions for developing economies partnering with the UK.

Malvika has a masters degree in Town and Country Planning from New York University, a second Masters in Psychology from the University of Westminster UK and a Bachelor’s degree in Urban Planning, Design & Management from University College London. She has attended multiple next generation courses at Credit Suisse, Deutsche Bank and Citibank, PWC, becoming a member of the Young Investors Organization and an active member of the alumni.
Chigozie Ejimogu
Senior Manager, Sustainability and Impact
Chigozie is a Senior Manager on the Sustainability team. He leads ESG efforts in Verod and partner companies. Prior to joining Verod, he was the Country Environment Manager at Coca-Cola Hellenic (CCH) Nigeria. He had previously worked within the Oil & Gas servicing sector - Laser Engineering, Fugro Nigeria Limited and Tilone Subsea Limited; where he held various Environmetal roles. Chigozie obtained his first degree in Environmental Technology from the Federal University of Technology, Owerri and has a post-graduate Diploma in International Environmental Law from the United Nations Institute for Training and Research. He is a Certified professional in Environment & Social Risk Analysis (ESRA) and Process Systems (ISO 14001, 45001, 5001, 9001). He is an IRCA Certified Lead Auditor and has earned the NEBOSH International Technical Certificate, NEBOSH IGC and Advanced Environmental Management Certificates.
Anuoluwa Ife-Olatunji
Manager, Human Resources
Anuoluwa is Lead: Human Resources Value Creation, where she drives the provision of strategic HR support and value creation to Verod and its partner companies. Prior to joining Verod, Anuoluwa was the Head: Organisation Design and Strategy at Bridge Clinic, where she was responsible for strategic HR Advisory, Organisation Design, and Project Management at a group level across Bridge Clinic and its associated operating companies. Prior to the Bridge Clinic, Anuoluwa was a senior management consultant at KPMG Nigeria where she led and participated in People and Change engagements for various organisations. Prior to KPMG, she was a brand management executive at Skye Bank (now Polaris Bank).

Anuoluwa received a B.Sc. in Public Relations from Covenant University and an M.Sc. in Marketing and Strategy from Warwick Business School (University of Warwick). She is an Associate Member of Chartered Institute of Personnel Management of Nigeria (CIPM) and is a certified HR Practitioner.
Karabo Maelane
Manager, Investor Relations and Communications
Karabo is the Head of Investor Relations and Communications. Prior to joining Verod, he worked in the Investor Relations, Compliance, Risk and Operations team at PAPE Fund Managers, a mid-market-focused Private Equity firm in South Africa and held various roles at Spinnaker Growth Partners, Wesgro and Investec Specialist Bank…

Cindy Opeyemi
Manager, Administration
Cindy heads the Administration department at Verod. She also serves as both the Executive Assistant to the MD/CEO, and the Executive Secretary of Verod Foundation, the CSR arm of Verod. Cindy equally oversees the IT department at Verod, showcasing her diverse skill set and adaptability.

With a wealth of experience in administrative roles, Cindy has been a cornerstone of organizational efficiency and effectiveness. Before her tenure at Verod, she excelled as an Executive Assistant at Living Templates, where she fine-tuned her skills in coordination and communication. Prior to that, Cindy played a pivotal part in LEAP Africa's success as an Administrative Officer, where she made significant contributions to the organization's operations and where she honed her organizational skills and knack for effective communication.

Cindy's academic achievements include a bachelor’s degree in Agricultural Economics from the Federal University of Agriculture, Abeokuta, complemented by a Mini-MBA from Eudoracity Business School. Her dedication to continuous learning and professional development is further exemplified by her status as an Associate Member of the Chartered Institute of Personnel Management (CIPM) and her certification as a Human Resource Practitioner.
Gbenga Abogan
Manager, Investments
Gbenga is a Manager on the Investment team. Prior to joining Verod, he worked in the Deal Advisory Team of KPMG Advisory Services where he provided support on a wide variety of engagements, including business valuation, financial and commercial due diligence, financial advisory, M&A and investment exits. He received a B.Sc. in Economics from Obafemi Awolowo University, is a qualified member of the Institute of Chartered Accountants of Nigeria (ICAN) and is a CFA Level III candidate.

Foluso Agbaje
Chief of Staff
Foluso works in the Partners Office on special projects and communications. She was previously Lead, Human Resources in Verod. In earlier roles, Foluso was the Head of Human Resources at Jobberman Nigeria, and before that, a Management Consultant at KPMG, Nigeria, providing HR advisory to various companies. Foluso has also worked as a Human Resources Management Associate with Citi Bank, London and as an HR Researcher with Digby Morgan, London.
Foluso graduated from Loughborough University with a BSc in Accounting and Financial Management. She holds an MSc in Management and Human resources from the London School of Economics and Political Science. She is also a Chartered member of the CIPD and an Alumna of the Faber Academy.

Kayode Akinbowale
Senior Associate, Finance
Kayode is a Senior Associate in the Finance team. Prior to joining Verod, he worked with Starmark Nigeria Limited as an Account Officer, and as an Auditor at Olumuyiwa Erinle and Co. (Chartered Accountants). He received an M.Sc. in Finance and a B.Sc. in Accounting from the University of Lagos. He is a registered (student) member of The Association of Chartered Certified Accountants.
Dumbili Ofili-Okonkwo
Senior Associate, Legal
Dumbili is a Senior Associate on the Legal Team.  Prior to joining Verod, she worked in the Legal & Company Secretariat Group at FMDQ Holdings PLC where she provided legal and compliance support to the various subsidiaries under the FMDQ Group. Prior to that, she worked as an Associate with Templars Law Firm in the Banking and Finance team, where she advised clients on a wide range of corporate and finance transactions. She received a B.A degree from the London School of Economics and Political Sciences (LSE) in Law and Anthropology and an LLM from the University of California, Los Angeles (UCLA). She was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria in 2016, and the New York Bar as an Attorney and Counselor of the State of New York Supreme Court in 2018.

Chinedu Adiele
Senior Associate, HR
Chinedu is a Senior Associate on the HR Team. Prior to joining Verod, he was a HR Business Partner at Oilserv, where he was responsible for providing strategic HR support to the business. Prior to Oliserv, Chinedu also worked as a Compensation and Benefits Supervisor with KPMG Nigeria from 2016 – 2021 where he was directly managing compensation, benefits, and welfare administration for the firm. He also worked as an Executive Assistant within KPMG from 2013 – 2016. Chinedu started his career at First Equity Securities Ltd as a HR Associate. Chinedu graduated from Madonna University with a BSc in Economics. He is an Associate, Chartered Institute of Personnel Management (ACIPM), a certified Professional in Human Resources International (PHRi) and a Certified HR Business Partner (CHRBP).
Asuka Uesaka
Associate, Investor Relations & Communications
Asuka Uesaka is currently an Associate, Investor Relations & Communications at Verod and Verod Kepple Africa Ventures (VKAV). Prior to Verod, she was in charge of business development, strategic acquisition, and Chief of Staff mostly at FinTech and web3 venture companies in Japan and Southeast Asia. She received BSc in Development Studies from Lund University, Sweden.

Danladi Verheijen
Managing Partner & Co-Founder
Danladi is a Co-founder and Managing Partner of Verod. Prior to founding Verod, Danladi held roles at Citibank Nigeria, Ocean and Oil Holdings, and at McKinsey & Company. He is a Director of DTRT Apparel Ghana, Shaldag Limited, and Niyya Farm Group. Danladi also sits on the board of the African Venture Capital Association (AVCA) and the Private Equity and Venture Capital Association of Nigeria (PEVCAN). He was named a Young Global Leader by the World Economic Forum in 2014. He received a B.Sc. in Electrical Engineering from Calvin College, an M.Sc. in Engineering-Economic Systems & Operations Research from Stanford University, and an MBA from Harvard Business School.
Nieros Oyegun Soerensen
Partner & Chief Operating Officer
Nieros is a Partner and the Chief Operating Officer of Verod. Prior to joining Verod, Nieros headed up
The Africa List and Nigeria coverage at CDC Group. She was previously the Head of Corporate Finance
and Investor Relations at LADOL and has a background in infrastructure project finance and corporate
strategy from Macquarie, alternative asset management from New Holland Capital, and banking from
Goldman Sachs & Co. She is a director of Tangerine Financial Holdings, Bestseller Foundation, and
Talawa Theatre Company. She received a B.Sc. in Mathematics and Economics from Columbia
University and an M.Sc. in Finance from London Business School, where she serves on the Dean’s
Alumni Council.
At Verod, Nieros is on a mission to build an effective institutional organisation and create an environment
where every team member can succeed.

Daniel Adeoye
Partner & Head of Investments
Daniel Adeoye leads the Investment Team for the Private Equity Group. He spearheads origination efforts; and, collaborating closely with founders, CEOs, and senior management teams, supports partner companies to accelerate growth and execute value creation plans. 

Daniel joined Verod in 2009 from Zenith Capital Management, where he specialized in equity and debt offerings, strategic advisory initiatives, and M&A. He works with the firm’s investments in Greensprings School, Rainbow Educational Services and Central Securities Clearing Systems Plc (NASD: SDCSCSPLC) and sits on several Boards, including: the Boards of Daystar Power group, Tangerine Pensions, APT Pensions and Rotoprint. He was actively involved in Verod’s investments in GZI, Rotoprint, Sac Oil (JSE: SCL), HFP Industries, African Lifestyle, and Transnationals Academic group. 

Daniel holds a BA (Hons) in Economics from Ahmadu Bello University and an MBA from Kellogg School of Management, Northwestern University. Daniel is a member of the Institute of Directors.
Wale Odusanya
Principal, Investments
Wale is a Principal on the Investment Team. Prior to joining Verod, Wale was the Head of the Financial Advisory Team at Stanbic IBTC Capital Limited, where he spent more than a decade participating in some of the most groundbreaking deals in the Nigerian market. Wale has significant experience in originating, structuring, executing and negotiating mergers, acquisitions, divestitures and corporate restructurings. His experience spans across industry segments including financial services, consumer products and consumer services. He received a B.Sc. (First Class) in Accounting from the University of Lagos and is a charter holder of the Chartered Financial Analyst (CFA) program.
Trish Amoah-Ntim
Principal, Investments
Trish is a Principal on the Investment Team leading the Ghana office. Prior to this, Trish was a Manager in Financial Advisory at Deloitte and Touche (Ghana) where she managed engagements across Corporate Finance, Transaction Services and Valuation & Modelling. Prior to Deloitte, she worked with Verod as a Manager in Lagos and before that, in London with Deutsche Bank, HSBC and Lehman Brothers. She received an MBA from Harvard Business School, an MSc in Finance and Private Equity from The London School of Economics and a BSc (Hons) in Applied Business Management from Imperial College London. Trish is also a CFA Charterholder.

Olawunmi Abiodun
Senior Vice President & General Counsel, Corporate
Olawunmi is a Senior Vice President and the Head of the Legal Team. She is General Counsel, Corporate; and also the Company Secretary. Prior to joining Verod, she was an Associate Legal Officer with the UN International Criminal Tribunal for the Former Yugoslavia in The Hague where she advised on international law, diplomacy and policy matters. Prior to that, she worked as an Associate with Matrix-Solicitors, where she advised clients on a wide range of corporate and commercial transactions. She received an LLB degree from Obafemi Awolowo University and an LLM in International and European Law, with specialization in International Trade & Investment Law from the University of Amsterdam. She was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria in 2004, and is a member of the Chartered Institute for Securities and Investment (UK).

Dipo Okuribido
Senior Vice President & General Counsel, Commercial
Dipo is a Senior Vice President within the Legal Department, and the General Counsel, Commercial. Prior to joining Verod, he was a Senior Associate at Banwo & Ighodalo, where he worked in the Energy, Tax, Capital Markets and Finance Practices. He has more than seven years experience advising a wide range of clients on M&As in breweries, oil and gas, manufacturing, and fast-moving consumer goods sectors. He received an LLB from the University of Lagos, and is currently studying part-time for an MBA at Gies College, University of Illinois, Urbana-Champaign. He is an Alumnus of the International Lawyers for Africa Programme.
Omolara Ojo
Chief Financial Officer
Omolara Ojo is a Vice President on the Finance team and is the Chief Financial Officer at Verod. She is a finance professional with over 20 years of varied experience in strategy, private equity, fundraising, investor relations, financial reporting & management, financial planning & analysis, project management, audit, and consulting.

Prior to joining Verod, Omolara was CFO at Arnergy Solar Limited, a renewable energy company backed by foreign and local institutional investors, where she led the financial strategy of the business and successfully raised debt capital for the business. She also led the pricing strategy of the Company with a keen focus on working capital and liquidity management.

Prior to this, Omolara was Senior Vice President, Investor Relations & Fundraising at African Capital Alliance (ACA). She was primarily responsible for developing and executing fundraising strategies, growing the investor base, and managing investor relationships. She also led the development of a bespoke fund product/strategy to unlock capital from local institutional investors.  

Prior to her Investor Relations & Fundraising role, Omolara also served as a Financial Controller at ACA and was responsible for financial control, IFRS-compliant financial reporting, financial planning & analysis, management reporting, valuations, tax compliance and annual audits for private equity funds, and related investment vehicles. She also served as a business partner to the investment teams, providing advice on financing structures to achieve tax and foreign exchange efficiency. At ACA, Omolara equally served as a Project Manager and led the successful implementation and delivery of an integrated ERP solution for the firm. 

Omolara started her career with KPMG Professional Services as an audit consultant where she led the audit of several banks, asset management companies and pension funds. 

Omolara holds a Global Executive MBA from the IE Business School, Madrid. She also has a bachelor’s degree in accounting from the University of Ilorin and she is a Fellow of the Institute of Chartered Accountants of Nigeria (ICAN).
Malvika Kapoor
Vice President, Investments
Malvika is a Vice President on the Investments Team. Prior to joining Verod she was Managing Director of Vital Products Plc, where she re-structured the business, established systematic and technological processes for recruitment and other key business activities and led the transformation of major existing brands and built a range of new brand. She remains on the board of directors of Vital Products Plc.

Malvika has a background in Corporate Social Responsibility at Sedex Global (UK) and Private Wealth Management at Deutsche Bank; Alfred Herrhausen Gessellschaft (AHG) in Berlin. At Sedex, she engaged with SMEs/FTSE 350 companies to provide technology solutions on their requirements around supply chain risk, sustainability, and brand risk. At the AHG Malvika focused on new forms of governance as a response to the challenges of the 21st century. She worked closely with LSE Cities, an international investigation service of social dynamics of cities centered on research initiative and Policy-Network a leading think-tank promoting solutions for developing economies partnering with the UK.

Malvika has a masters degree in Town and Country Planning from New York University, a second Masters in Psychology from the University of Westminster UK and a Bachelor’s degree in Urban Planning, Design & Management from University College London. She has attended multiple next generation courses at Credit Suisse, Deutsche Bank and Citibank, PWC, becoming a member of the Young Investors Organization and an active member of the alumni.
Chigozie Ejimogu
Senior Manager, Sustainability and Impact
Chigozie is a Senior Manager on the Sustainability team. He leads ESG efforts in Verod and partner companies. Prior to joining Verod, he was the Country Environment Manager at Coca-Cola Hellenic (CCH) Nigeria. He had previously worked within the Oil & Gas servicing sector - Laser Engineering, Fugro Nigeria Limited and Tilone Subsea Limited; where he held various Environmetal roles. Chigozie obtained his first degree in Environmental Technology from the Federal University of Technology, Owerri and has a post-graduate Diploma in International Environmental Law from the United Nations Institute for Training and Research. He is a Certified professional in Environment & Social Risk Analysis (ESRA) and Process Systems (ISO 14001, 45001, 5001, 9001). He is an IRCA Certified Lead Auditor and has earned the NEBOSH International Technical Certificate, NEBOSH IGC and Advanced Environmental Management Certificates.
Anuoluwa Ife-Olatunji
Manager, Human Resources
Anuoluwa is Lead: Human Resources Value Creation, where she drives the provision of strategic HR support and value creation to Verod and its partner companies. Prior to joining Verod, Anuoluwa was the Head: Organisation Design and Strategy at Bridge Clinic, where she was responsible for strategic HR Advisory, Organisation Design, and Project Management at a group level across Bridge Clinic and its associated operating companies. Prior to the Bridge Clinic, Anuoluwa was a senior management consultant at KPMG Nigeria where she led and participated in People and Change engagements for various organisations. Prior to KPMG, she was a brand management executive at Skye Bank (now Polaris Bank).

Anuoluwa received a B.Sc. in Public Relations from Covenant University and an M.Sc. in Marketing and Strategy from Warwick Business School (University of Warwick). She is an Associate Member of Chartered Institute of Personnel Management of Nigeria (CIPM) and is a certified HR Practitioner.
Karabo Maelane
Manager, Investor Relations and Communications
Karabo is the Head of Investor Relations and Communications. Prior to joining Verod, he worked in the Investor Relations, Compliance, Risk and Operations team at PAPE Fund Managers, a mid-market-focused Private Equity firm in South Africa and held various roles at Spinnaker Growth Partners, Wesgro and Investec Specialist Bank…

Cindy Opeyemi
Manager, Administration
Cindy heads the Administration department at Verod. She also serves as both the Executive Assistant to the MD/CEO, and the Executive Secretary of Verod Foundation, the CSR arm of Verod. Cindy equally oversees the IT department at Verod, showcasing her diverse skill set and adaptability.

With a wealth of experience in administrative roles, Cindy has been a cornerstone of organizational efficiency and effectiveness. Before her tenure at Verod, she excelled as an Executive Assistant at Living Templates, where she fine-tuned her skills in coordination and communication. Prior to that, Cindy played a pivotal part in LEAP Africa's success as an Administrative Officer, where she made significant contributions to the organization's operations and where she honed her organizational skills and knack for effective communication.

Cindy's academic achievements include a bachelor’s degree in Agricultural Economics from the Federal University of Agriculture, Abeokuta, complemented by a Mini-MBA from Eudoracity Business School. Her dedication to continuous learning and professional development is further exemplified by her status as an Associate Member of the Chartered Institute of Personnel Management (CIPM) and her certification as a Human Resource Practitioner.
Gbenga Abogan
Manager, Investments
Gbenga is a Manager on the Investment team. Prior to joining Verod, he worked in the Deal Advisory Team of KPMG Advisory Services where he provided support on a wide variety of engagements, including business valuation, financial and commercial due diligence, financial advisory, M&A and investment exits. He received a B.Sc. in Economics from Obafemi Awolowo University, is a qualified member of the Institute of Chartered Accountants of Nigeria (ICAN) and is a CFA Level III candidate.

Foluso Agbaje
Chief of Staff
Foluso works in the Partners Office on special projects and communications. She was previously Lead, Human Resources in Verod. In earlier roles, Foluso was the Head of Human Resources at Jobberman Nigeria, and before that, a Management Consultant at KPMG, Nigeria, providing HR advisory to various companies. Foluso has also worked as a Human Resources Management Associate with Citi Bank, London and as an HR Researcher with Digby Morgan, London.
Foluso graduated from Loughborough University with a BSc in Accounting and Financial Management. She holds an MSc in Management and Human resources from the London School of Economics and Political Science. She is also a Chartered member of the CIPD and an Alumna of the Faber Academy.

Kayode Akinbowale
Senior Associate, Finance
Kayode is a Senior Associate in the Finance team. Prior to joining Verod, he worked with Starmark Nigeria Limited as an Account Officer, and as an Auditor at Olumuyiwa Erinle and Co. (Chartered Accountants). He received an M.Sc. in Finance and a B.Sc. in Accounting from the University of Lagos. He is a registered (student) member of The Association of Chartered Certified Accountants.
Dumbili Ofili-Okonkwo
Senior Associate, Legal
Dumbili is a Senior Associate on the Legal Team.  Prior to joining Verod, she worked in the Legal & Company Secretariat Group at FMDQ Holdings PLC where she provided legal and compliance support to the various subsidiaries under the FMDQ Group. Prior to that, she worked as an Associate with Templars Law Firm in the Banking and Finance team, where she advised clients on a wide range of corporate and finance transactions. She received a B.A degree from the London School of Economics and Political Sciences (LSE) in Law and Anthropology and an LLM from the University of California, Los Angeles (UCLA). She was admitted to the Nigerian Bar as a Barrister and Solicitor of the Supreme Court of Nigeria in 2016, and the New York Bar as an Attorney and Counselor of the State of New York Supreme Court in 2018.

Chinedu Adiele
Senior Associate, HR
Chinedu is a Senior Associate on the HR Team. Prior to joining Verod, he was a HR Business Partner at Oilserv, where he was responsible for providing strategic HR support to the business. Prior to Oliserv, Chinedu also worked as a Compensation and Benefits Supervisor with KPMG Nigeria from 2016 – 2021 where he was directly managing compensation, benefits, and welfare administration for the firm. He also worked as an Executive Assistant within KPMG from 2013 – 2016. Chinedu started his career at First Equity Securities Ltd as a HR Associate. Chinedu graduated from Madonna University with a BSc in Economics. He is an Associate, Chartered Institute of Personnel Management (ACIPM), a certified Professional in Human Resources International (PHRi) and a Certified HR Business Partner (CHRBP).
Asuka Uesaka
Associate, Investor Relations & Communications
Asuka Uesaka is currently an Associate, Investor Relations & Communications at Verod and Verod Kepple Africa Ventures (VKAV). Prior to Verod, she was in charge of business development, strategic acquisition, and Chief of Staff mostly at FinTech and web3 venture companies in Japan and Southeast Asia. She received BSc in Development Studies from Lund University, Sweden.
3

Partner Companies

Africa Lifestyle Limited (ALL) is a retail platform for branded apparel, accessories and beauty products across West Africa. ALL currently holds franchises from several international fashion brands including Estee Lauder’s M.A.C. and Bobbi Brown brands of make-up, L’Oreal’s Maybelline (Cosmetics) and Levi’s Jeans. It is rolling out stores in malls and airports across Ghana, Nigeria and several other African countries.

Visit Website

DTRT Apparel (DTRT) is West Africa’s largest apparel manufacturer that produces goods from its modern factories in Ghana for large clients in the US and Europe. The business has about 4,200 employees, with over 70% of them being women, and is committed to operating in an environmentally sustainable manner, creating local employment and positively impacting the communities it operates in.

Emzor Pharmaceutical Industries Limited (Emzor) is the leading manufacturer of branded generic pharmaceutical products in Nigeria, ranked as across #1, #2 and #3 the consumer health, OTC sales, and dietary supplements segments of the market, as well as a growing portfolio of ethical products. The company operates three factories in Lagos State, Nigeria, including one WHO-certifiable facility, and a recently completed state-of-the-art manufacturing complex in Ogun State, Nigeria. The group is expanding its footprint across the ethical segments of the drug market and exports products to several West African countries.

Visit Website

i-Fitness is West Africa’s first and fastest-growing fitness chain. With 21 branches across Nigeria, over 250 professionally certified personal trainers, state-of-the-art gym facilities, a subscriber base of over 26,000 members, multi-location access and a wide range of diverse fitness programs, i-Fitness is committed to providing a youthful, entertaining yet rewarding fitness experience to many thousands of people, thereby promoting access to happier and healthier lives.

Ranked among the top global Customer Experience Management (CXM) players in Africa, iSON Xperiences provides a flexible enablement platform for businesses that need help scaling up their workforce, daily business operations, debt collection solutions, or that want to expand their footprint in Africa. With a workforce of over 18,000 employees spanning 19 countries, the company serves a vast base of 50 million global consumers and manage over 500 million transactions each motnh. The company’s expertise spans telecoms, BFSI, energy, media, government, retail, aviation, and e-Commerce, partnering with top brands and startups.

Medplus is the largest Nigerian retail pharmaceutical business, with about three decades of successful operations and with a broad coverage in the key urban centres. Medplus has a robust portfolio of drugs, and non-drugs comprising beauty and consumer products. As part of its holistic approach to healthcare, Medplus also provides other complementary services including medicine use review, expert counselling, prescription management, free health screenings and chronic disease management.

Visit Website

Niyya Food and Drinks Company Limited is an agri-business with 10 million liters fresh fruit production capacity and 5 million liters Yogurt production capacity. Niyya currently manages a sizable orchard for fruit cultivation and manufactures and distributes fresh fruit juice and dairy products across Nigeria.

Visit Website

Oreon Education Limited (Oreon) was established in 2017. Oreon Education is an education investment vehicle set up to take advantage of the continued growth in demand for quality education in Africa and to partner with family-owned schools to achieve world class standards and enduring growth.

Oreon has invested in the following schools:

Greensprings educational services Nigeria (Greensprings) is an educational service provider offering well-rounded contemporary education from grade 0 to 12 in pre-primary, preparatory, secondary and post-secondary school. The school offers a blend of British and Nigerian curricula and also provides boarding facilities. Established in 1987 the Greensprings has grown from about 15 to 2,670 students in two campuses.

Visit Website

Rainbow College (RC) is a co-education day and boarding school offering secondary and post-secondary educational services. RC was established in 1996 as an all-boys private college. Rainbow College for girls followed suit in 1998, after which both schools were merged in 2005. Rainbow College offers a blend of British and Nigerian curricula to the secondary segment and the A-level programme to the post-secondary segment. The college operates two campuses; a day school at Surulere, Lagos and a Boarding school at Maba, Ogun state Nigeria. The latter houses the college’s post-secondary segment.

Visit Website

Pampers Private School (PPS) is a co-education day school established first as a nursery school in 1983. The primary school was included the following year; PPS has since grown to become a leader in the provision of elementary education in Nigeria; The school uses the British Early Years Foundation approach in the nursery section whilst operating a blend of the Nigerian and British curricula in the primary section. Currently the school operates two campuses, its first in Alaka, Surulere and another in Lekki, both in Lagos state, Nigeria.

Visit Website

Pan African Towers is Nigeria’s leading provider of digital infrastructure. The company provides telecommunications infrastructure and wireless services such as Built-to-Suit, colocation, Destributed Antenna Solutions, buy-lease-back and other value added services. In 2022, PAT completed a merger with SWAP Technologies and became the #3 tower company in Nigeria by number of towers and revenue. The company has a nationwide site presence with ~760 across Nigeria, primarily in the Southwest of Nigeria as of August 2022. PAT has a diverse customer base of 1,147 tenants (including Nigeria’s leading Mobile Network Operators (“MNOs”), sharing space on existing sites alongside other telcom providers, with a colocation ratio of 1.60x, one of the strongest in the industry.

Shaldag Limited (Shaldag) is a greenfield aquaculture production company with a state-of-art intensive aquaculture facility comprising hatcheries, nurseries, and on-growing sections that will be able to produce up to 10,000MT of catfish and tilapia per annum upon completion.

Transnational Academic Group (TAG) provides private education and training services across West and East Africa. The group operates in two major divisions: University partnerships and Corporate / Professional Programs. The Corporate / Professional Programs division offers bespoke training and professional education programs to businesses and government agencies. TAG operates Lancaster University, Ghana and is looking to setup another university in East Africa.

Visit Website

Our Tangerine Financial portfolio is made up of:
Tangerine Pensions
Tangerine Life
Tangerine General
 

Africa Lifestyle Limited (ALL) is a retail platform for branded apparel, accessories and beauty products across West Africa. ALL currently holds franchises from several international fashion brands including Estee Lauder’s M.A.C. and Bobbi Brown brands of make-up, L’Oreal’s Maybelline (Cosmetics) and Levi’s Jeans. It is rolling out stores in malls and airports across Ghana, Nigeria and several other African countries.

Visit Website

DTRT Apparel (DTRT) is West Africa’s largest apparel manufacturer that produces goods from its modern factories in Ghana for large clients in the US and Europe. The business has about 4,200 employees, with over 70% of them being women, and is committed to operating in an environmentally sustainable manner, creating local employment and positively impacting the communities it operates in.

Emzor Pharmaceutical Industries Limited (Emzor) is the leading manufacturer of branded generic pharmaceutical products in Nigeria, ranked as across #1, #2 and #3 the consumer health, OTC sales, and dietary supplements segments of the market, as well as a growing portfolio of ethical products. The company operates three factories in Lagos State, Nigeria, including one WHO-certifiable facility, and a recently completed state-of-the-art manufacturing complex in Ogun State, Nigeria. The group is expanding its footprint across the ethical segments of the drug market and exports products to several West African countries.

Visit Website

i-Fitness is West Africa’s first and fastest-growing fitness chain. With 21 branches across Nigeria, over 250 professionally certified personal trainers, state-of-the-art gym facilities, a subscriber base of over 26,000 members, multi-location access and a wide range of diverse fitness programs, i-Fitness is committed to providing a youthful, entertaining yet rewarding fitness experience to many thousands of people, thereby promoting access to happier and healthier lives.

Ranked among the top global Customer Experience Management (CXM) players in Africa, iSON Xperiences provides a flexible enablement platform for businesses that need help scaling up their workforce, daily business operations, debt collection solutions, or that want to expand their footprint in Africa. With a workforce of over 18,000 employees spanning 19 countries, the company serves a vast base of 50 million global consumers and manage over 500 million transactions each motnh. The company’s expertise spans telecoms, BFSI, energy, media, government, retail, aviation, and e-Commerce, partnering with top brands and startups.

Medplus is the largest Nigerian retail pharmaceutical business, with about three decades of successful operations and with a broad coverage in the key urban centres. Medplus has a robust portfolio of drugs, and non-drugs comprising beauty and consumer products. As part of its holistic approach to healthcare, Medplus also provides other complementary services including medicine use review, expert counselling, prescription management, free health screenings and chronic disease management.

Visit Website

Niyya Food and Drinks Company Limited is an agri-business with 10 million liters fresh fruit production capacity and 5 million liters Yogurt production capacity. Niyya currently manages a sizable orchard for fruit cultivation and manufactures and distributes fresh fruit juice and dairy products across Nigeria.

Visit Website

Oreon Education Limited (Oreon) was established in 2017. Oreon Education is an education investment vehicle set up to take advantage of the continued growth in demand for quality education in Africa and to partner with family-owned schools to achieve world class standards and enduring growth.

Oreon has invested in the following schools:

Greensprings educational services Nigeria (Greensprings) is an educational service provider offering well-rounded contemporary education from grade 0 to 12 in pre-primary, preparatory, secondary and post-secondary school. The school offers a blend of British and Nigerian curricula and also provides boarding facilities. Established in 1987 the Greensprings has grown from about 15 to 2,670 students in two campuses.

Visit Website

Rainbow College (RC) is a co-education day and boarding school offering secondary and post-secondary educational services. RC was established in 1996 as an all-boys private college. Rainbow College for girls followed suit in 1998, after which both schools were merged in 2005. Rainbow College offers a blend of British and Nigerian curricula to the secondary segment and the A-level programme to the post-secondary segment. The college operates two campuses; a day school at Surulere, Lagos and a Boarding school at Maba, Ogun state Nigeria. The latter houses the college’s post-secondary segment.

Visit Website

Pampers Private School (PPS) is a co-education day school established first as a nursery school in 1983. The primary school was included the following year; PPS has since grown to become a leader in the provision of elementary education in Nigeria; The school uses the British Early Years Foundation approach in the nursery section whilst operating a blend of the Nigerian and British curricula in the primary section. Currently the school operates two campuses, its first in Alaka, Surulere and another in Lekki, both in Lagos state, Nigeria.

Visit Website

Pan African Towers is Nigeria’s leading provider of digital infrastructure. The company provides telecommunications infrastructure and wireless services such as Built-to-Suit, colocation, Destributed Antenna Solutions, buy-lease-back and other value added services. In 2022, PAT completed a merger with SWAP Technologies and became the #3 tower company in Nigeria by number of towers and revenue. The company has a nationwide site presence with ~760 across Nigeria, primarily in the Southwest of Nigeria as of August 2022. PAT has a diverse customer base of 1,147 tenants (including Nigeria’s leading Mobile Network Operators (“MNOs”), sharing space on existing sites alongside other telcom providers, with a colocation ratio of 1.60x, one of the strongest in the industry.

Shaldag Limited (Shaldag) is a greenfield aquaculture production company with a state-of-art intensive aquaculture facility comprising hatcheries, nurseries, and on-growing sections that will be able to produce up to 10,000MT of catfish and tilapia per annum upon completion.

Transnational Academic Group (TAG) provides private education and training services across West and East Africa. The group operates in two major divisions: University partnerships and Corporate / Professional Programs. The Corporate / Professional Programs division offers bespoke training and professional education programs to businesses and government agencies. TAG operates Lancaster University, Ghana and is looking to setup another university in East Africa.

Visit Website

Our Tangerine Financial portfolio is made up of:
Tangerine Pensions
Tangerine Life
Tangerine General
 

Africa Lifestyle
Pan-African
Consumer Retail
Africa Lifestyle Limited (ALL) is a retail platform for branded apparel, accessories and beauty products across West Africa. ALL currently holds franchises from several international fashion brands including Estee Lauder’s M.A.C. and Bobbi Brown brands of make-up, L’Oreal’s Maybelline (Cosmetics) and Levi’s Jeans. It is rolling out stores in malls and airports across Ghana, Nigeria and several other African countries.

Visit Website

DTRT
Ghana
Apparel
DTRT Apparel (DTRT) is West Africa’s largest apparel manufacturer that produces goods from its modern factories in Ghana for large clients in the US and Europe. The business has about 4,200 employees, with over 70% of them being women, and is committed to operating in an environmentally sustainable manner, creating local employment and positively impacting the communities it operates in.

Emzor
Nigeria
Pharmaceutical
Emzor Pharmaceutical Industries Limited (Emzor) is the leading manufacturer of branded generic pharmaceutical products in Nigeria, ranked as across #1, #2 and #3 the consumer health, OTC sales, and dietary supplements segments of the market, as well as a growing portfolio of ethical products. The company operates three factories in Lagos State, Nigeria, including one WHO-certifiable facility, and a recently completed state-of-the-art manufacturing complex in Ogun State, Nigeria. The group is expanding its footprint across the ethical segments of the drug market and exports products to several West African countries.

Visit Website

i-Fitness
Nigeria
Consumer Services
i-Fitness is West Africa’s first and fastest-growing fitness chain. With 21 branches across Nigeria, over 250 professionally certified personal trainers, state-of-the-art gym facilities, a subscriber base of over 26,000 members, multi-location access and a wide range of diverse fitness programs, i-Fitness is committed to providing a youthful, entertaining yet rewarding fitness experience to many thousands of people, thereby promoting access to happier and healthier lives.

iSON Xperiences
Pan-African
Information Technology
Ranked among the top global Customer Experience Management (CXM) players in Africa, iSON Xperiences provides a flexible enablement platform for businesses that need help scaling up their workforce, daily business operations, debt collection solutions, or that want to expand their footprint in Africa. With a workforce of over 18,000 employees spanning 19 countries, the company serves a vast base of 50 million global consumers and manage over 500 million transactions each motnh. The company’s expertise spans telecoms, BFSI, energy, media, government, retail, aviation, and e-Commerce, partnering with top brands and startups.

Medplus
Nigeria
Pharmaceutical
Medplus is the largest Nigerian retail pharmaceutical business, with about three decades of successful operations and with a broad coverage in the key urban centres. Medplus has a robust portfolio of drugs, and non-drugs comprising beauty and consumer products. As part of its holistic approach to healthcare, Medplus also provides other complementary services including medicine use review, expert counselling, prescription management, free health screenings and chronic disease management.

Visit Website

Niyya Food and Drinks
Nigeria
Agri-business
Niyya Food and Drinks Company Limited is an agri-business with 10 million liters fresh fruit production capacity and 5 million liters Yogurt production capacity. Niyya currently manages a sizable orchard for fruit cultivation and manufactures and distributes fresh fruit juice and dairy products across Nigeria.

Visit Website

Oreon Education
Nigeria
Education
Oreon Education Limited (Oreon) was established in 2017. Oreon Education is an education investment vehicle set up to take advantage of the continued growth in demand for quality education in Africa and to partner with family-owned schools to achieve world class standards and enduring growth.

Oreon has invested in the following schools:

Greensprings educational services Nigeria (Greensprings) is an educational service provider offering well-rounded contemporary education from grade 0 to 12 in pre-primary, preparatory, secondary and post-secondary school. The school offers a blend of British and Nigerian curricula and also provides boarding facilities. Established in 1987 the Greensprings has grown from about 15 to 2,670 students in two campuses.

Visit Website

Rainbow College (RC) is a co-education day and boarding school offering secondary and post-secondary educational services. RC was established in 1996 as an all-boys private college. Rainbow College for girls followed suit in 1998, after which both schools were merged in 2005. Rainbow College offers a blend of British and Nigerian curricula to the secondary segment and the A-level programme to the post-secondary segment. The college operates two campuses; a day school at Surulere, Lagos and a Boarding school at Maba, Ogun state Nigeria. The latter houses the college’s post-secondary segment.

Visit Website

Pampers Private School (PPS) is a co-education day school established first as a nursery school in 1983. The primary school was included the following year; PPS has since grown to become a leader in the provision of elementary education in Nigeria; The school uses the British Early Years Foundation approach in the nursery section whilst operating a blend of the Nigerian and British curricula in the primary section. Currently the school operates two campuses, its first in Alaka, Surulere and another in Lekki, both in Lagos state, Nigeria.

Visit Website

Pan African Towers
Nigeria
Digital Infrastructure
Pan African Towers is Nigeria’s leading provider of digital infrastructure. The company provides telecommunications infrastructure and wireless services such as Built-to-Suit, colocation, Destributed Antenna Solutions, buy-lease-back and other value added services. In 2022, PAT completed a merger with SWAP Technologies and became the #3 tower company in Nigeria by number of towers and revenue. The company has a nationwide site presence with ~760 across Nigeria, primarily in the Southwest of Nigeria as of August 2022. PAT has a diverse customer base of 1,147 tenants (including Nigeria’s leading Mobile Network Operators (“MNOs”), sharing space on existing sites alongside other telcom providers, with a colocation ratio of 1.60x, one of the strongest in the industry.

Shaldag
Nigeria
Agriculture
Shaldag Limited (Shaldag) is a greenfield aquaculture production company with a state-of-art intensive aquaculture facility comprising hatcheries, nurseries, and on-growing sections that will be able to produce up to 10,000MT of catfish and tilapia per annum upon completion.

Tag
Accra, Ghana
Education
Transnational Academic Group (TAG) provides private education and training services across West and East Africa. The group operates in two major divisions: University partnerships and Corporate / Professional Programs. The Corporate / Professional Programs division offers bespoke training and professional education programs to businesses and government agencies. TAG operates Lancaster University, Ghana and is looking to setup another university in East Africa.

Visit Website

Tangerine Financial
Nigeria
Insurance
Our Tangerine Financial portfolio is made up of:
Tangerine Pensions
Tangerine Life
Tangerine General
 

Central Securities Clearing System Plc (CSCS) CSCS is licensed by the Nigerian Securities and Exchange Commission and currently operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market. It is currently responsible for settlement of all transactions on the Nigerian Stock Exchange as well as all equity and fixed income transactions on the two existing OTC platforms in Nigeria.

Visit Website

Daystar provides Africa’s industrial and commercial sector with clean and reliable solar power. The company installs and operates captive power solutions, that can integrate solar power, battery storage and back-up generators for commercial, industrial and agricultural clients. Through its technology and systems, the company is able to reduce diesel consumption and energy costs for businesses with no upfront capital expenditure. Daystar is active in Nigeria and Ghana.

Visit Website

GZ Industries Limited is West Africa’s first and leading Aluminum beverage can manufacturing company. GZI currently runs two state-of-art manufacturing plants in Nigeria (Lagos and Aba) with a combined production capacity of 1.8 billion cans per annum and has facilities at various stages of development across other African countries including Kenya.

Visit Website

H.F.P. Engineering Limited (HFP) s a building and civil engineering company, which specializes in conventional building construction techniques, prefabrication systems and infrastructure construction and development.

Visit Website

Rotoprint Limited (Rotoprint) is a leading manufacturer and printer of polyvinyl chloride (PVC) shrink labels which serve over 300 customers in Nigeria’s consumer goods sector, comprising mostly cosmetics, pharmaceuticals, and bottled water companies.

SacOil Holdings Limited (SacOil) is a South African based independent oil and gas company, with a diverse portfolio of exploration, appraisal and production assets across a number of African countries. SacOil also participates in several midstream and downstream projects across Africa. The company is dual-listed on the Johannesburg Stock Exchange and the Alternative Investment Market of the London Stock Exchange.

Visit Website

Spinlet Limited (Spinlet) is a mobile media distribution platform positioned specifically for the African market, which allows users to download and stream music to their mobile devices.

Visit Website

UTL Trust Management Services Ltd (formerly Union Trustees Limited) (UTL) is a leading provider of trusteeship services, fund management, and nominee services to its clients, which include state governments, corporations and individuals.

Visit Website

Central Securities Clearing System Plc (CSCS) CSCS is licensed by the Nigerian Securities and Exchange Commission and currently operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market. It is currently responsible for settlement of all transactions on the Nigerian Stock Exchange as well as all equity and fixed income transactions on the two existing OTC platforms in Nigeria.

Visit Website

Daystar provides Africa’s industrial and commercial sector with clean and reliable solar power. The company installs and operates captive power solutions, that can integrate solar power, battery storage and back-up generators for commercial, industrial and agricultural clients. Through its technology and systems, the company is able to reduce diesel consumption and energy costs for businesses with no upfront capital expenditure. Daystar is active in Nigeria and Ghana.

Visit Website

GZ Industries Limited is West Africa’s first and leading Aluminum beverage can manufacturing company. GZI currently runs two state-of-art manufacturing plants in Nigeria (Lagos and Aba) with a combined production capacity of 1.8 billion cans per annum and has facilities at various stages of development across other African countries including Kenya.

Visit Website

H.F.P. Engineering Limited (HFP) s a building and civil engineering company, which specializes in conventional building construction techniques, prefabrication systems and infrastructure construction and development.

Visit Website

Rotoprint Limited (Rotoprint) is a leading manufacturer and printer of polyvinyl chloride (PVC) shrink labels which serve over 300 customers in Nigeria’s consumer goods sector, comprising mostly cosmetics, pharmaceuticals, and bottled water companies.

SacOil Holdings Limited (SacOil) is a South African based independent oil and gas company, with a diverse portfolio of exploration, appraisal and production assets across a number of African countries. SacOil also participates in several midstream and downstream projects across Africa. The company is dual-listed on the Johannesburg Stock Exchange and the Alternative Investment Market of the London Stock Exchange.

Visit Website

Spinlet Limited (Spinlet) is a mobile media distribution platform positioned specifically for the African market, which allows users to download and stream music to their mobile devices.

Visit Website

UTL Trust Management Services Ltd (formerly Union Trustees Limited) (UTL) is a leading provider of trusteeship services, fund management, and nominee services to its clients, which include state governments, corporations and individuals.

Visit Website

CSCS
Nigeria
Business Services
Central Securities Clearing System Plc (CSCS) CSCS is licensed by the Nigerian Securities and Exchange Commission and currently operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market. It is currently responsible for settlement of all transactions on the Nigerian Stock Exchange as well as all equity and fixed income transactions on the two existing OTC platforms in Nigeria.

Visit Website

Daystar
Nigeria and Ghana
Daystar provides Africa’s industrial and commercial sector with clean and reliable solar power. The company installs and operates captive power solutions, that can integrate solar power, battery storage and back-up generators for commercial, industrial and agricultural clients. Through its technology and systems, the company is able to reduce diesel consumption and energy costs for businesses with no upfront capital expenditure. Daystar is active in Nigeria and Ghana.

Visit Website

GZI Industries
Nigeria and Kenya
Manufacturing
GZ Industries Limited is West Africa’s first and leading Aluminum beverage can manufacturing company. GZI currently runs two state-of-art manufacturing plants in Nigeria (Lagos and Aba) with a combined production capacity of 1.8 billion cans per annum and has facilities at various stages of development across other African countries including Kenya.

Visit Website

HFP Engineering
Nigeria
Engineering
H.F.P. Engineering Limited (HFP) s a building and civil engineering company, which specializes in conventional building construction techniques, prefabrication systems and infrastructure construction and development.

Visit Website

Rotoprint
Nigeria
Manufacturing
Rotoprint Limited (Rotoprint) is a leading manufacturer and printer of polyvinyl chloride (PVC) shrink labels which serve over 300 customers in Nigeria’s consumer goods sector, comprising mostly cosmetics, pharmaceuticals, and bottled water companies.

SacOil
Pan Africa
Oil and Gas
SacOil Holdings Limited (SacOil) is a South African based independent oil and gas company, with a diverse portfolio of exploration, appraisal and production assets across a number of African countries. SacOil also participates in several midstream and downstream projects across Africa. The company is dual-listed on the Johannesburg Stock Exchange and the Alternative Investment Market of the London Stock Exchange.

Visit Website

Spinlet
Pan Africa
Media and Technology
Spinlet Limited (Spinlet) is a mobile media distribution platform positioned specifically for the African market, which allows users to download and stream music to their mobile devices.

Visit Website

UTL Trust Management
Nigeria
Financial Services
UTL Trust Management Services Ltd (formerly Union Trustees Limited) (UTL) is a leading provider of trusteeship services, fund management, and nominee services to its clients, which include state governments, corporations and individuals.

Visit Website

Africa Lifestyle Limited (ALL) is a retail platform for branded apparel, accessories and beauty products across West Africa. ALL currently holds franchises from several international fashion brands including Estee Lauder’s M.A.C. and Bobbi Brown brands of make-up, L’Oreal’s Maybelline (Cosmetics) and Levi’s Jeans. It is rolling out stores in malls and airports across Ghana, Nigeria and several other African countries.

Visit Website

Central Securities Clearing System Plc (CSCS) CSCS is licensed by the Nigerian Securities and Exchange Commission and currently operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market. It is currently responsible for settlement of all transactions on the Nigerian Stock Exchange as well as all equity and fixed income transactions on the two existing OTC platforms in Nigeria.

Visit Website

Daystar provides Africa’s industrial and commercial sector with clean and reliable solar power. The company installs and operates captive power solutions, that can integrate solar power, battery storage and back-up generators for commercial, industrial and agricultural clients. Through its technology and systems, the company is able to reduce diesel consumption and energy costs for businesses with no upfront capital expenditure. Daystar is active in Nigeria and Ghana.

Visit Website

DTRT Apparel (DTRT) is West Africa’s largest apparel manufacturer that produces goods from its modern factories in Ghana for large clients in the US and Europe. The business has about 4,200 employees, with over 70% of them being women, and is committed to operating in an environmentally sustainable manner, creating local employment and positively impacting the communities it operates in.

Emzor Pharmaceutical Industries Limited (Emzor) is the leading manufacturer of branded generic pharmaceutical products in Nigeria, ranked as across #1, #2 and #3 the consumer health, OTC sales, and dietary supplements segments of the market, as well as a growing portfolio of ethical products. The company operates three factories in Lagos State, Nigeria, including one WHO-certifiable facility, and a recently completed state-of-the-art manufacturing complex in Ogun State, Nigeria. The group is expanding its footprint across the ethical segments of the drug market and exports products to several West African countries.

Visit Website

GZ Industries Limited is West Africa’s first and leading Aluminum beverage can manufacturing company. GZI currently runs two state-of-art manufacturing plants in Nigeria (Lagos and Aba) with a combined production capacity of 1.8 billion cans per annum and has facilities at various stages of development across other African countries including Kenya.

Visit Website

H.F.P. Engineering Limited (HFP) s a building and civil engineering company, which specializes in conventional building construction techniques, prefabrication systems and infrastructure construction and development.

Visit Website

i-Fitness is West Africa’s first and fastest-growing fitness chain. With 21 branches across Nigeria, over 250 professionally certified personal trainers, state-of-the-art gym facilities, a subscriber base of over 26,000 members, multi-location access and a wide range of diverse fitness programs, i-Fitness is committed to providing a youthful, entertaining yet rewarding fitness experience to many thousands of people, thereby promoting access to happier and healthier lives.

Ranked among the top global Customer Experience Management (CXM) players in Africa, iSON Xperiences provides a flexible enablement platform for businesses that need help scaling up their workforce, daily business operations, debt collection solutions, or that want to expand their footprint in Africa. With a workforce of over 18,000 employees spanning 19 countries, the company serves a vast base of 50 million global consumers and manage over 500 million transactions each motnh. The company’s expertise spans telecoms, BFSI, energy, media, government, retail, aviation, and e-Commerce, partnering with top brands and startups.

Medplus is the largest Nigerian retail pharmaceutical business, with about three decades of successful operations and with a broad coverage in the key urban centres. Medplus has a robust portfolio of drugs, and non-drugs comprising beauty and consumer products. As part of its holistic approach to healthcare, Medplus also provides other complementary services including medicine use review, expert counselling, prescription management, free health screenings and chronic disease management.

Visit Website

Niyya Food and Drinks Company Limited is an agri-business with 10 million liters fresh fruit production capacity and 5 million liters Yogurt production capacity. Niyya currently manages a sizable orchard for fruit cultivation and manufactures and distributes fresh fruit juice and dairy products across Nigeria.

Visit Website

Oreon Education Limited (Oreon) was established in 2017. Oreon Education is an education investment vehicle set up to take advantage of the continued growth in demand for quality education in Africa and to partner with family-owned schools to achieve world class standards and enduring growth.

Oreon has invested in the following schools:

Greensprings educational services Nigeria (Greensprings) is an educational service provider offering well-rounded contemporary education from grade 0 to 12 in pre-primary, preparatory, secondary and post-secondary school. The school offers a blend of British and Nigerian curricula and also provides boarding facilities. Established in 1987 the Greensprings has grown from about 15 to 2,670 students in two campuses.

Visit Website

Rainbow College (RC) is a co-education day and boarding school offering secondary and post-secondary educational services. RC was established in 1996 as an all-boys private college. Rainbow College for girls followed suit in 1998, after which both schools were merged in 2005. Rainbow College offers a blend of British and Nigerian curricula to the secondary segment and the A-level programme to the post-secondary segment. The college operates two campuses; a day school at Surulere, Lagos and a Boarding school at Maba, Ogun state Nigeria. The latter houses the college’s post-secondary segment.

Visit Website

Pampers Private School (PPS) is a co-education day school established first as a nursery school in 1983. The primary school was included the following year; PPS has since grown to become a leader in the provision of elementary education in Nigeria; The school uses the British Early Years Foundation approach in the nursery section whilst operating a blend of the Nigerian and British curricula in the primary section. Currently the school operates two campuses, its first in Alaka, Surulere and another in Lekki, both in Lagos state, Nigeria.

Visit Website

Pan African Towers is Nigeria’s leading provider of digital infrastructure. The company provides telecommunications infrastructure and wireless services such as Built-to-Suit, colocation, Destributed Antenna Solutions, buy-lease-back and other value added services. In 2022, PAT completed a merger with SWAP Technologies and became the #3 tower company in Nigeria by number of towers and revenue. The company has a nationwide site presence with ~760 across Nigeria, primarily in the Southwest of Nigeria as of August 2022. PAT has a diverse customer base of 1,147 tenants (including Nigeria’s leading Mobile Network Operators (“MNOs”), sharing space on existing sites alongside other telcom providers, with a colocation ratio of 1.60x, one of the strongest in the industry.

Rotoprint Limited (Rotoprint) is a leading manufacturer and printer of polyvinyl chloride (PVC) shrink labels which serve over 300 customers in Nigeria’s consumer goods sector, comprising mostly cosmetics, pharmaceuticals, and bottled water companies.

SacOil Holdings Limited (SacOil) is a South African based independent oil and gas company, with a diverse portfolio of exploration, appraisal and production assets across a number of African countries. SacOil also participates in several midstream and downstream projects across Africa. The company is dual-listed on the Johannesburg Stock Exchange and the Alternative Investment Market of the London Stock Exchange.

Visit Website

Shaldag Limited (Shaldag) is a greenfield aquaculture production company with a state-of-art intensive aquaculture facility comprising hatcheries, nurseries, and on-growing sections that will be able to produce up to 10,000MT of catfish and tilapia per annum upon completion.

Spinlet Limited (Spinlet) is a mobile media distribution platform positioned specifically for the African market, which allows users to download and stream music to their mobile devices.

Visit Website

Transnational Academic Group (TAG) provides private education and training services across West and East Africa. The group operates in two major divisions: University partnerships and Corporate / Professional Programs. The Corporate / Professional Programs division offers bespoke training and professional education programs to businesses and government agencies. TAG operates Lancaster University, Ghana and is looking to setup another university in East Africa.

Visit Website

Our Tangerine Financial portfolio is made up of:
Tangerine Pensions
Tangerine Life
Tangerine General
 

UTL Trust Management Services Ltd (formerly Union Trustees Limited) (UTL) is a leading provider of trusteeship services, fund management, and nominee services to its clients, which include state governments, corporations and individuals.

Visit Website

Africa Lifestyle Limited (ALL) is a retail platform for branded apparel, accessories and beauty products across West Africa. ALL currently holds franchises from several international fashion brands including Estee Lauder’s M.A.C. and Bobbi Brown brands of make-up, L’Oreal’s Maybelline (Cosmetics) and Levi’s Jeans. It is rolling out stores in malls and airports across Ghana, Nigeria and several other African countries.

Visit Website

Central Securities Clearing System Plc (CSCS) CSCS is licensed by the Nigerian Securities and Exchange Commission and currently operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market. It is currently responsible for settlement of all transactions on the Nigerian Stock Exchange as well as all equity and fixed income transactions on the two existing OTC platforms in Nigeria.

Visit Website

Daystar provides Africa’s industrial and commercial sector with clean and reliable solar power. The company installs and operates captive power solutions, that can integrate solar power, battery storage and back-up generators for commercial, industrial and agricultural clients. Through its technology and systems, the company is able to reduce diesel consumption and energy costs for businesses with no upfront capital expenditure. Daystar is active in Nigeria and Ghana.

Visit Website

DTRT Apparel (DTRT) is West Africa’s largest apparel manufacturer that produces goods from its modern factories in Ghana for large clients in the US and Europe. The business has about 4,200 employees, with over 70% of them being women, and is committed to operating in an environmentally sustainable manner, creating local employment and positively impacting the communities it operates in.

Emzor Pharmaceutical Industries Limited (Emzor) is the leading manufacturer of branded generic pharmaceutical products in Nigeria, ranked as across #1, #2 and #3 the consumer health, OTC sales, and dietary supplements segments of the market, as well as a growing portfolio of ethical products. The company operates three factories in Lagos State, Nigeria, including one WHO-certifiable facility, and a recently completed state-of-the-art manufacturing complex in Ogun State, Nigeria. The group is expanding its footprint across the ethical segments of the drug market and exports products to several West African countries.

Visit Website

GZ Industries Limited is West Africa’s first and leading Aluminum beverage can manufacturing company. GZI currently runs two state-of-art manufacturing plants in Nigeria (Lagos and Aba) with a combined production capacity of 1.8 billion cans per annum and has facilities at various stages of development across other African countries including Kenya.

Visit Website

H.F.P. Engineering Limited (HFP) s a building and civil engineering company, which specializes in conventional building construction techniques, prefabrication systems and infrastructure construction and development.

Visit Website

i-Fitness is West Africa’s first and fastest-growing fitness chain. With 21 branches across Nigeria, over 250 professionally certified personal trainers, state-of-the-art gym facilities, a subscriber base of over 26,000 members, multi-location access and a wide range of diverse fitness programs, i-Fitness is committed to providing a youthful, entertaining yet rewarding fitness experience to many thousands of people, thereby promoting access to happier and healthier lives.

Ranked among the top global Customer Experience Management (CXM) players in Africa, iSON Xperiences provides a flexible enablement platform for businesses that need help scaling up their workforce, daily business operations, debt collection solutions, or that want to expand their footprint in Africa. With a workforce of over 18,000 employees spanning 19 countries, the company serves a vast base of 50 million global consumers and manage over 500 million transactions each motnh. The company’s expertise spans telecoms, BFSI, energy, media, government, retail, aviation, and e-Commerce, partnering with top brands and startups.

Medplus is the largest Nigerian retail pharmaceutical business, with about three decades of successful operations and with a broad coverage in the key urban centres. Medplus has a robust portfolio of drugs, and non-drugs comprising beauty and consumer products. As part of its holistic approach to healthcare, Medplus also provides other complementary services including medicine use review, expert counselling, prescription management, free health screenings and chronic disease management.

Visit Website

Niyya Food and Drinks Company Limited is an agri-business with 10 million liters fresh fruit production capacity and 5 million liters Yogurt production capacity. Niyya currently manages a sizable orchard for fruit cultivation and manufactures and distributes fresh fruit juice and dairy products across Nigeria.

Visit Website

Oreon Education Limited (Oreon) was established in 2017. Oreon Education is an education investment vehicle set up to take advantage of the continued growth in demand for quality education in Africa and to partner with family-owned schools to achieve world class standards and enduring growth.

Oreon has invested in the following schools:

Greensprings educational services Nigeria (Greensprings) is an educational service provider offering well-rounded contemporary education from grade 0 to 12 in pre-primary, preparatory, secondary and post-secondary school. The school offers a blend of British and Nigerian curricula and also provides boarding facilities. Established in 1987 the Greensprings has grown from about 15 to 2,670 students in two campuses.

Visit Website

Rainbow College (RC) is a co-education day and boarding school offering secondary and post-secondary educational services. RC was established in 1996 as an all-boys private college. Rainbow College for girls followed suit in 1998, after which both schools were merged in 2005. Rainbow College offers a blend of British and Nigerian curricula to the secondary segment and the A-level programme to the post-secondary segment. The college operates two campuses; a day school at Surulere, Lagos and a Boarding school at Maba, Ogun state Nigeria. The latter houses the college’s post-secondary segment.

Visit Website

Pampers Private School (PPS) is a co-education day school established first as a nursery school in 1983. The primary school was included the following year; PPS has since grown to become a leader in the provision of elementary education in Nigeria; The school uses the British Early Years Foundation approach in the nursery section whilst operating a blend of the Nigerian and British curricula in the primary section. Currently the school operates two campuses, its first in Alaka, Surulere and another in Lekki, both in Lagos state, Nigeria.

Visit Website

Pan African Towers is Nigeria’s leading provider of digital infrastructure. The company provides telecommunications infrastructure and wireless services such as Built-to-Suit, colocation, Destributed Antenna Solutions, buy-lease-back and other value added services. In 2022, PAT completed a merger with SWAP Technologies and became the #3 tower company in Nigeria by number of towers and revenue. The company has a nationwide site presence with ~760 across Nigeria, primarily in the Southwest of Nigeria as of August 2022. PAT has a diverse customer base of 1,147 tenants (including Nigeria’s leading Mobile Network Operators (“MNOs”), sharing space on existing sites alongside other telcom providers, with a colocation ratio of 1.60x, one of the strongest in the industry.

Rotoprint Limited (Rotoprint) is a leading manufacturer and printer of polyvinyl chloride (PVC) shrink labels which serve over 300 customers in Nigeria’s consumer goods sector, comprising mostly cosmetics, pharmaceuticals, and bottled water companies.

SacOil Holdings Limited (SacOil) is a South African based independent oil and gas company, with a diverse portfolio of exploration, appraisal and production assets across a number of African countries. SacOil also participates in several midstream and downstream projects across Africa. The company is dual-listed on the Johannesburg Stock Exchange and the Alternative Investment Market of the London Stock Exchange.

Visit Website

Shaldag Limited (Shaldag) is a greenfield aquaculture production company with a state-of-art intensive aquaculture facility comprising hatcheries, nurseries, and on-growing sections that will be able to produce up to 10,000MT of catfish and tilapia per annum upon completion.

Spinlet Limited (Spinlet) is a mobile media distribution platform positioned specifically for the African market, which allows users to download and stream music to their mobile devices.

Visit Website

Transnational Academic Group (TAG) provides private education and training services across West and East Africa. The group operates in two major divisions: University partnerships and Corporate / Professional Programs. The Corporate / Professional Programs division offers bespoke training and professional education programs to businesses and government agencies. TAG operates Lancaster University, Ghana and is looking to setup another university in East Africa.

Visit Website

Our Tangerine Financial portfolio is made up of:
Tangerine Pensions
Tangerine Life
Tangerine General
 

UTL Trust Management Services Ltd (formerly Union Trustees Limited) (UTL) is a leading provider of trusteeship services, fund management, and nominee services to its clients, which include state governments, corporations and individuals.

Visit Website

Africa Lifestyle
Pan-African
Consumer Retail
Africa Lifestyle Limited (ALL) is a retail platform for branded apparel, accessories and beauty products across West Africa. ALL currently holds franchises from several international fashion brands including Estee Lauder’s M.A.C. and Bobbi Brown brands of make-up, L’Oreal’s Maybelline (Cosmetics) and Levi’s Jeans. It is rolling out stores in malls and airports across Ghana, Nigeria and several other African countries.

Visit Website

CSCS
Nigeria
Business Services
Central Securities Clearing System Plc (CSCS) CSCS is licensed by the Nigerian Securities and Exchange Commission and currently operates a computerized depository, clearing, settlement and delivery system for transactions in securities in the Nigerian Capital Market. It is currently responsible for settlement of all transactions on the Nigerian Stock Exchange as well as all equity and fixed income transactions on the two existing OTC platforms in Nigeria.

Visit Website

Daystar
Nigeria and Ghana
Daystar provides Africa’s industrial and commercial sector with clean and reliable solar power. The company installs and operates captive power solutions, that can integrate solar power, battery storage and back-up generators for commercial, industrial and agricultural clients. Through its technology and systems, the company is able to reduce diesel consumption and energy costs for businesses with no upfront capital expenditure. Daystar is active in Nigeria and Ghana.

Visit Website

DTRT
Ghana
Apparel
DTRT Apparel (DTRT) is West Africa’s largest apparel manufacturer that produces goods from its modern factories in Ghana for large clients in the US and Europe. The business has about 4,200 employees, with over 70% of them being women, and is committed to operating in an environmentally sustainable manner, creating local employment and positively impacting the communities it operates in.

Emzor
Nigeria
Pharmaceutical
Emzor Pharmaceutical Industries Limited (Emzor) is the leading manufacturer of branded generic pharmaceutical products in Nigeria, ranked as across #1, #2 and #3 the consumer health, OTC sales, and dietary supplements segments of the market, as well as a growing portfolio of ethical products. The company operates three factories in Lagos State, Nigeria, including one WHO-certifiable facility, and a recently completed state-of-the-art manufacturing complex in Ogun State, Nigeria. The group is expanding its footprint across the ethical segments of the drug market and exports products to several West African countries.

Visit Website

GZI Industries
Nigeria and Kenya
Manufacturing
GZ Industries Limited is West Africa’s first and leading Aluminum beverage can manufacturing company. GZI currently runs two state-of-art manufacturing plants in Nigeria (Lagos and Aba) with a combined production capacity of 1.8 billion cans per annum and has facilities at various stages of development across other African countries including Kenya.

Visit Website

HFP Engineering
Nigeria
Engineering
H.F.P. Engineering Limited (HFP) s a building and civil engineering company, which specializes in conventional building construction techniques, prefabrication systems and infrastructure construction and development.

Visit Website

i-Fitness
Nigeria
Consumer Services
i-Fitness is West Africa’s first and fastest-growing fitness chain. With 21 branches across Nigeria, over 250 professionally certified personal trainers, state-of-the-art gym facilities, a subscriber base of over 26,000 members, multi-location access and a wide range of diverse fitness programs, i-Fitness is committed to providing a youthful, entertaining yet rewarding fitness experience to many thousands of people, thereby promoting access to happier and healthier lives.

iSON Xperiences
Pan-African
Information Technology
Ranked among the top global Customer Experience Management (CXM) players in Africa, iSON Xperiences provides a flexible enablement platform for businesses that need help scaling up their workforce, daily business operations, debt collection solutions, or that want to expand their footprint in Africa. With a workforce of over 18,000 employees spanning 19 countries, the company serves a vast base of 50 million global consumers and manage over 500 million transactions each motnh. The company’s expertise spans telecoms, BFSI, energy, media, government, retail, aviation, and e-Commerce, partnering with top brands and startups.

Medplus
Nigeria
Pharmaceutical
Medplus is the largest Nigerian retail pharmaceutical business, with about three decades of successful operations and with a broad coverage in the key urban centres. Medplus has a robust portfolio of drugs, and non-drugs comprising beauty and consumer products. As part of its holistic approach to healthcare, Medplus also provides other complementary services including medicine use review, expert counselling, prescription management, free health screenings and chronic disease management.

Visit Website

Niyya Food and Drinks
Nigeria
Agri-business
Niyya Food and Drinks Company Limited is an agri-business with 10 million liters fresh fruit production capacity and 5 million liters Yogurt production capacity. Niyya currently manages a sizable orchard for fruit cultivation and manufactures and distributes fresh fruit juice and dairy products across Nigeria.

Visit Website

Oreon Education
Nigeria
Education
Oreon Education Limited (Oreon) was established in 2017. Oreon Education is an education investment vehicle set up to take advantage of the continued growth in demand for quality education in Africa and to partner with family-owned schools to achieve world class standards and enduring growth.

Oreon has invested in the following schools:

Greensprings educational services Nigeria (Greensprings) is an educational service provider offering well-rounded contemporary education from grade 0 to 12 in pre-primary, preparatory, secondary and post-secondary school. The school offers a blend of British and Nigerian curricula and also provides boarding facilities. Established in 1987 the Greensprings has grown from about 15 to 2,670 students in two campuses.

Visit Website

Rainbow College (RC) is a co-education day and boarding school offering secondary and post-secondary educational services. RC was established in 1996 as an all-boys private college. Rainbow College for girls followed suit in 1998, after which both schools were merged in 2005. Rainbow College offers a blend of British and Nigerian curricula to the secondary segment and the A-level programme to the post-secondary segment. The college operates two campuses; a day school at Surulere, Lagos and a Boarding school at Maba, Ogun state Nigeria. The latter houses the college’s post-secondary segment.

Visit Website

Pampers Private School (PPS) is a co-education day school established first as a nursery school in 1983. The primary school was included the following year; PPS has since grown to become a leader in the provision of elementary education in Nigeria; The school uses the British Early Years Foundation approach in the nursery section whilst operating a blend of the Nigerian and British curricula in the primary section. Currently the school operates two campuses, its first in Alaka, Surulere and another in Lekki, both in Lagos state, Nigeria.

Visit Website

Pan African Towers
Nigeria
Digital Infrastructure
Pan African Towers is Nigeria’s leading provider of digital infrastructure. The company provides telecommunications infrastructure and wireless services such as Built-to-Suit, colocation, Destributed Antenna Solutions, buy-lease-back and other value added services. In 2022, PAT completed a merger with SWAP Technologies and became the #3 tower company in Nigeria by number of towers and revenue. The company has a nationwide site presence with ~760 across Nigeria, primarily in the Southwest of Nigeria as of August 2022. PAT has a diverse customer base of 1,147 tenants (including Nigeria’s leading Mobile Network Operators (“MNOs”), sharing space on existing sites alongside other telcom providers, with a colocation ratio of 1.60x, one of the strongest in the industry.

Rotoprint
Nigeria
Manufacturing
Rotoprint Limited (Rotoprint) is a leading manufacturer and printer of polyvinyl chloride (PVC) shrink labels which serve over 300 customers in Nigeria’s consumer goods sector, comprising mostly cosmetics, pharmaceuticals, and bottled water companies.

SacOil
Pan Africa
Oil and Gas
SacOil Holdings Limited (SacOil) is a South African based independent oil and gas company, with a diverse portfolio of exploration, appraisal and production assets across a number of African countries. SacOil also participates in several midstream and downstream projects across Africa. The company is dual-listed on the Johannesburg Stock Exchange and the Alternative Investment Market of the London Stock Exchange.

Visit Website

Shaldag
Nigeria
Agriculture
Shaldag Limited (Shaldag) is a greenfield aquaculture production company with a state-of-art intensive aquaculture facility comprising hatcheries, nurseries, and on-growing sections that will be able to produce up to 10,000MT of catfish and tilapia per annum upon completion.

Spinlet
Pan Africa
Media and Technology
Spinlet Limited (Spinlet) is a mobile media distribution platform positioned specifically for the African market, which allows users to download and stream music to their mobile devices.

Visit Website

Tag
Accra, Ghana
Education
Transnational Academic Group (TAG) provides private education and training services across West and East Africa. The group operates in two major divisions: University partnerships and Corporate / Professional Programs. The Corporate / Professional Programs division offers bespoke training and professional education programs to businesses and government agencies. TAG operates Lancaster University, Ghana and is looking to setup another university in East Africa.

Visit Website

Tangerine Financial
Nigeria
Insurance
Our Tangerine Financial portfolio is made up of:
Tangerine Pensions
Tangerine Life
Tangerine General
 

UTL Trust Management
Nigeria
Financial Services
UTL Trust Management Services Ltd (formerly Union Trustees Limited) (UTL) is a leading provider of trusteeship services, fund management, and nominee services to its clients, which include state governments, corporations and individuals.

Visit Website

Our Impact

Our Impact

Over the last 16 years, we have created lasting impact to support local economies. Our investments and operations aim to address our three core sustainable development goals.

Gender Equity

Verod is a market leader in Gender Lens Investing (GLI), with a strong focus on supporting female-led businesses and prioritising gender equity across our internal business. We are guided in our day-to-day operations by gender smart policies and principles, and proudly boast a gender-balanced team and Investment Committee. We have invested extensive resources into further embedding GLI across our processes, focusing on identifying opportunities, enhancing our investment approach, building our team's capacity for gender-smart practices, and offering tailored assistance to our portfolio in the form of gender action plans. With over 80% of our portfolio partner companies meeting the 2X Criteria, Verod's commitment and intentional approach to gender has been recognised with an exclusive invitation to participate in 2024 in the newly launched 2X Certification pilot program.

Our commitment and efforts to improve outcomes for women are bolstered by strategic partnerships with 100 Women in Finance Nigeria, the Women in Healthcare Network, the ILPA Diversity in Action initiative, and 2X Global. commitment to gender equity in investments.

Decent work and economic growth

Africa's economic growth is driven by governance improvements, sector reforms, and its youthful, innovative population. This dynamic shift is generating new investment opportunities and reshaping industries. Addressing poverty, Verod champions inclusive growth, creating 4,200 jobs in 2023 to benefit society at all levels. Committed to equitable development, we actively contribute to Africa's sustainable and inclusive economic narrative.

Climate action

Our sustainable investing centres on a strong climate strategy, aligning with SDG 13.2.2, integrating climate action into our investment process. This includes climate risk assessments and action plans, paired with Environmental and Social initiatives, as a core part of our ESG/Impact analysis. We have successfully implemented a system to track and manage emissions across portfolio companies. In addition, by promoting energy-efficient technologies and transitioning to sustainable energy sources, we have achieved a reduction of 17,452 tons of CO2 emissions over four years.

We measure and manage impact in line with international best practices (IMP & OPIM)

Impact case studies

West Africa’s largest renewables company

Daystar Power, active in four countries with over 300 installations and 36 MW of solar capacity, specializes in captive power solutions for commercial and industrial clients. The company has significantly reduced CO2 emissions by 30,500 tons and addressed the gender gap by employing 28 female solar engineers, also cutting client energy costs by about 30%. Verod's investment aimed to bridge Africa's energy gap by supporting a key off-grid energy provider, successfully exiting in 2022 through a sale to Shell Energy.

West Africa’s largest apparel manufacturer

DTRT, West Africa's leading apparel manufacturer based in Ghana, exports over 10 million units annually to the U.S. With Verod's investment, DTRT grew from 41 to over 2,600 jobs in five years, emphasizing female employment and leadership, especially from local communities with limited formal education. DTRT focuses on empowering women, including those with disabilities, with skills in garment technology, advancing some to supervisory roles. Our collective aim is to drive business competitiveness while promoting economic, social, and environmental benefits through the global apparel sector.

Nigeria’s largest retail pharmacy chain

In Nigeria, a country with over 211 million people and a high disease burden, including malaria, tuberculosis, and HIV/AIDS, access to authentic medicines is crucial yet challenging, with only 58% of the population having access to essential drugs. Medplus, the largest retail pharmacy chain in Nigeria, plays a vital role in improving this access through its extensive network, offering affordable, genuine medications, wellness products, and supplements. With plans to expand, Medplus, supported by Verod, also provides expert counselling, maternal health screenings, and chronic disease management to address Nigeria's healthcare needs effectively.

Download our 2022 Sustainability report here

2023 Sustainability report coming soon. Sign up to our mailing list here to be notified.

Signatories

Recognition

  • Deal of the Year 2023 | West Africa Investment

    Deal of the Year 2023 | West Africa Investment by Verod Capital and DPI into Pan African Towers

  • West Africa Private Equity Deal of the Year 2022

    West Africa Private Equity Deal of the Year 2022

  • GP Awards

    West African Fund Manager of the Year

  • PEA Award 2018

    Small Cap Deal of the Year

  • PEA Award 2016

    Outstanding First-Time GP

  • PEA Award 2016

    Exit of the year Large-cap (GZI)

Head Office

Verod Capital Management
Heritage Place, 6th Floor
21 Lugard Avenue
Ikoyi, Lagos, Nigeria
Telephone
+234 (1) 462 8646
+234 (1) 462 8647

Ghana Office

2nd Floor, Silver Star Tower
Plot 28 & 29, Airport City
Accra, Ghana
Telephone
+233 (302) 947 876

Mauritius Office

Ground Floor, The Axis, 26 Bank Street,
Cyber City Ebene 72201, Mauritius


Email
foundation@verod.com
info@verod.com
hr@verod.com

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