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Encourage remittances and investments
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Support philanthropic endeavors
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Foster development in key sectors such as agriculture, infrastructure, healthcare, education, and entrepreneurship.
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Tapping into the Global Nigerian Network
Extended Deadline for Expression of InterestÂ
Requirements for businesses to participate in the $10 billion Nigerian Diaspora Fund:
1. Company profile, including incorporation details, ownership structure, management team profiles, historical performance and branch contact details, must be provided for your application where applicable.
2. Relevant skills among the personnel who will be offered for the assignment.
3. A summary of investments made successfully in the last 3 years with key information about the company, the exit strategy adopted, the size of the fund/investment and the internal rate of return (IRR) of the Background.
4. The company must provide a list of existing investments with Sectoral focus, Brief description of the investee company including stage of growth and performance, Type of investment, Target IRR, fund term and situation of the investee company.
5. The Submission must clearly state that your company is interested in the Nigerian Diaspora Fund and with justification.
6. The company must have existing relationships and establish contacts with relevant local and foreign investors.
7. A clear geographical understanding of all the states and the six geopolitical zones of Nigeria, as well as the financing landscape of the respective zones is also required.
8. Ability to effectively profile the sphere of opportunities in the thirty-six states and the Federal Capital Territory.
9. Be available to coordinate and direct financing requests from interested companies in the country.
10. Potential applicants are expected to submit their completed application as a single file in the printed directory and in PDF format as a soft copy on a USB flash drive.
