Project Kasi - NSIA

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Portfolio

Project Kasi

Portfolio

Project Kasi

Project Details

Sector
Technology

Commencement Date
Q4 2021

Completion Date
Q4 2021

Participants
NSIA
KCLN

State
Lagos

Project Details

Sector

Technology

Participants

NSIA
KCLN

Commencement Date

Q4 2021

States

Lagos

Project Description

NSIA provided a secured loan note to the Project Sponsor for the development of the 20 MW data Centre.

Benefits / Impact (Social, Economic & Others)

Job creation: The project is expected to create at least 100 direct and indirect jobs across the construction and operational phases of the project.

PARTNERS

How the fund is invested

US$ 8 million

Project Cost / Size:

Quasi-Debt

NSIA’s interest:

Convertible Loan Notes

Funding structure

15

Investment areas

Related Projects

2023

Nationwide

Carbon Vista

Climate/ESG

May 2023

Abuja

EquiLease Systems Limited

Financial Services

2019

Edo

MedServe

Healthcare

Applications Mar 2023” to “Mar - April 2023

Nationwide

NSIA Prize for Innovation (NPI)

Technology

September 2013

Lagos

Lagos – Ibadan Expressway (LIE)

Motorways

August 2018

Delta

Second Niger Bridge (2NB)

Motorways

OUR PARTNERS

An investment institution of the Federation set up to manage funds in excess of budgeted hydrocarbon revenues.

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