Infrastructure and Others – ei – estate intel

Infrastructure and Others

January 30, 2018
Mr. Khaled Al-Aboodi, Chief Executive Officer of ICD, and Mr. Krishna Kumar, Chief Executive Officer of IIML signed the agreement in Jeddah.

Islamic Development Bank and Indian Investor team up for $1bn Africa Infrastructure Fund

The Islamic Corporation for the Development of the Private Sector (ICD) and IL&FS Investment Managers Limited (IIML) have signed a shareholder agreement to establish a US$1 Billion fund that will focus on infrastructure projects across Africa. ICD, the private sector […]
January 29, 2018
January 2018. Updated - Development: Raymond House, Broad Street, Lagos Island - Lagos

Updated – Development: Raymond House, Broad Street, Lagos Island – Lagos

Name: Raymond House; Location: 97/105 Broad Street, Lagos Island – Lagos; Floors: 7; Developer: Afriland Properties; Contractor: Cappa & D’Alberto; Architect: Pieach Limited; Mechanical, Electric and Plumbing Engineer: Etco; Other members of Project team: FO & AB Partnership; Sanni Ojo […]
August 14, 2017
Ajah Flyover Bridge. Image Source: Lagos State

Lagos State Government raises N85bn in Bond Issuance to Fund Infrastructure Projects

The Lagos State Government has announced the closure of the N85,140,000,000 Series 2 Bond Issuance geared towards improving the physical and social infrastructure in the State. Commissioner for Finance, Mr. Akinyemi Ashade in a statement, said the Bond was issued in […]
August 14, 2017

A.P Moller Raises $550m for Africa Infrastructure Fund and Targets $1bn in 12 months

A.P. Moller Holding, a privately held investments company with approximately $20bn under management has launched a new infrastructure fund with a focus on Africa. The fund has received commitments of $550m from large Danish pension fund anchor investors including PKA, PensionDanmark […]
July 18, 2017
FMDQ lists the pioneer Infrastructure Debt Fund in Nigeria. L-R Bola Onadele; Kemi Awodein; Wale Edun; Uju Irukwu; Bolaji Balogun; Phil Southwell. Image Source: Chapel Hill Denham

Flagship Infrastructure Debt Fund Lists on FMDQ OTC Exchange

Subsequent to receiving required approvals from the Securities and Exchange Commission, Chapel Hill Denham Management has registered and established the Nigeria Infrastructure Debt Fund (NDIF) ₦200bn Issuance Programme. The first series under this issuance programme (Series I: 49,450,000 units of […]
May 29, 2017
Strategy for Construction and Real Estate in Nigeria's Economic Recovery & Growth Plan

Infographic: Milestones of the Federal Ministry of Power, Housing and Works

The Federal Ministry of Power, Housing and Works has published a list of its achievements from May 2015 till date to mark the 2nd year since the Buhari administration came into power. The Ministry is confident that the Power, Works […]
May 18, 2017
Ajah Flyover Bridge. Image Source: Lagos State

New Ajah Flyover Bridge Commissioned and Opened

The long awaited Ajah Bridge was commissioned and opened for use by Lagos State Governor Akinwunmi Ambode yesterday. Speaking at the event, Ambode explained: “We had to give this project priority because of its strategic importance to the economic growth of […]
May 17, 2017
Abule-Egba Flyover Bridge. Image Source: Lagos State

Photos of the New Abule-Egba Flyover Bridge

Governor Ambode of Lagos State has commissioned the Abule-Egba Flyover bridge in a bid to ease the high-density traffic at the Abule-Egba Junction. Speaking at the commission event, Ambode explained that the motive behind the bridge was to open up other […]