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Accelerex Holdings
Source: Accelerex Holdings |

Accelerex Establishes N20bn ($48mm) Bond Programme; Successfully Issues First Tranche of N2.3bn ($5.5mm)

The issuance attracted participation from a broad array of institutional investors, including local pension funds, insurance companies and asset managers

Accelerex Holdings (www.GlobalAccelerex.com), Mauritius (the “Company”) today announced that its Nigerian subsidiary, Global Accelerex Limited, has registered a N20bn bond program, and successfully issued a 5-year senior unsecured bond of N2.3bn via a special purpose vehicle (Accelerex Funding SPV PLC). FBN Quest Limited, Renaissance Securities Limited, Greenwich Merchant Bank Limited…

Accelerex Holdings
Source: Accelerex Holdings |

Accelerex Holdings Secures $20m Investment from Africa Capital Alliance (“ACA”)

In addition, Accelerex also acquired a majority stake in SLS Microfinance Bank to serve the financial needs of its fast-growing agent banking business

Accelerex Holdings (www.globalAccelerex.com), Mauritius (“Accelerex”), today announced that it has signed an investment agreement with regional private equity firm, Africa Capital Alliance (“ACA”), for the Capital Alliance Private Equity IV (CAPE IV) fund to invest $20 million in Accelerex. With this investment, CAPE IV will become a strategic partner in…