Nigeria Infrastructure Debt Fund is Nigeria's largest and Africa's first-ever listed infrastructure fund, providing long-term LCY financing for infrastructure projects in Nigeria.
NIDF was conceptualised as the vehicle that could channel the long-term institutional capital, predominantly from the domestic market in Nigeria, to finance productive infrastructure in the country. NIDF solves the conundrum for most project sponsors seeking to avoid the unsustainable mismatches of currency and tenor between their financing and their revenues/cash flows.
As a Permanent Capital Vehicle, NIDF has the ability to match the tenor of its financing with the cash flow profile of the project, without having to adhere to an artificial deadline for “exit” – driven by a finite fund life. At the same time, NIDF provides its investors liquidity through listing of its units on an exchange.
Since its inception in 2017, NIDF has emerged as the largest provider of long-term Naira financing for private infrastructure projects in Nigeria (with a current capital base c. 100 billion Naira). It has an unbroken track record of making quarterly cash distributions. As on 30 September 2023, the total returns generated by NIDF for its unitholders since inception reached c. 165%.
NIDF has a diversified and growing portfolio of infrastructure loans in a broad range of sectors including power generation, energy infrastructure, transportation, digital and social infrastructure.
NIDF’s investor base includes the African Development Bank (AfDB) and the Nigeria Sovereign Investment Authority (NSIA). Nearly all the pension funds in Nigeria have also participated in NIDF’s fund raising.
With the listing of NIDF on the NGX in October 2023, it has emerged as a Top-20 stock in the country - which will be eligible for inclusion in market indices in due course.
Company Details
- Address
- 45 Saka Tinubu St, Lagos,nigeria
- Industry
- Investment Management
- NAICS
-
Other Financial Investment ActivitiesPortfolio ManagementAll Other Financial Investment ActivitiesTrust, Fiduciary, and Custody ActivitiesMiscellaneous Financial Investment Activities
- Keywords
- 10 Bankole Oki Street.
- HQ
- Lagos
Nigeria Infrastructure Debt Fund Questions
Nigeria Infrastructure Debt Fund's website is https://www.chapelhilldenham.com/nidf/
Nigeria Infrastructure Debt Fund's LinkedIn profile is https://ng.linkedin.com/company/nigeriaidf
Nigeria Infrastructure Debt Fund's industry is
Investment Management
Nigeria Infrastructure Debt Fund's top competitors are
Endeavor,
Chapel Hill Denham,
Lead Innovative,
Office Of Transformation And Service Delivery, Ekiti State,
Arm-Harith Infrastructure Investment Limited,
Johsta Microfinance,
Ifc - International Finance Corporation,
Vestedworld,
Tizeti,
Get-As International.
Nigeria Infrastructure Debt Fund's categories are Investment Management
