News

Platform Capital Group and Diatom Impact Donate World-Class Swimming Pool, Multipurpose Sports Hall and Offers N30 Million in Scholarships Under its Adopt-a-School Programme

Lagos, 10th November 2020: As part of our commitment to education and capacity development in Nigeria, Platform Capital created the Adopt-a-School programme, aimed at improving education across primary and secondary schools in the country. This is a continuation of the work in the education vertical which began with the refurbishment and donation of 3 ultra-modern lecture halls for the University of Lagos Business...
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Could A Bomb-Sniffing Device Transform Airport Security?

When it comes to finding explosives, sniffer dogs are hard to beat — their noses are so sensitive they can pick up odors emitted from the chemical vapors found in bombs they are trained to detect. But what if there was a technology that could do just the same, work 24 hours a day and at a fraction of the...
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Platform Capital invests in KOKO Networks, a leading clean technology company operating in East Africa

Lagos and Nairobi; 9 October 2020:  Platform Capital (“Platform”), a leading growth markets investor, is pleased to announce its investment in KOKO Networks (“KOKO”), an international technology company operating in Kenya and India whose pioneering approach enables the large-scale, low-cost distribution of clean household fuel in African cities. Cooking fuel is a $40 billion market in Africa’s largest cities, but...
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Platform Capital invests in an innovative esports company and appoints Dr. Akindele to its board

Lagos and Mexico City, 25th September 2020:  Platform Capital (Platform), a leading growth markets investor, is pleased to announce its investment in Qapla Gaming Inc. (Qapla), an innovative esports company headquartered in San Jose, California with operations in operations in USA, Mexico, Latin America and is looking to expand into Africa, which is one of the fastest growing esports markets....
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Koniku, Silicon Valley-based Biotechnology Company, Wins World in 2050 Challenge

Lagos and San Francisco, 23 September 2020: Koniku, a Silicon Valley-based biotechnology company founded by Nigerian-born scientist and entrepreneur, Osh Agabi, is an Innovation Olympian in the World in 2050 Competition. Koniku (pronounced co-nee-qu), derived from the Yoruba word which translates to “has no death”, is among a cohort of 34 organisations pursuing ground-breaking solutions to propel the global community...
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Platform Capital invests in a leading digital media publisher in Africa, Big Cabal Media and appoints Dr. Akindele to its board

Lagos, 16th September 2020: Platform Capital (Platform), a leading growth markets investor, is pleased to announce its investment in Big Cabal Media (BCM), a leading digital media publisher in Africa, operating out of Nigeria. BCM is building Africa’s media brands of the future, creating high-value publications, original content and technology products for African audiences on and off the continent. Big...
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Platform Capital Group Partners with JobSearch to Launch Africa Literacy Project

Lagos and Freetown, 9 September 2020: As part of their commitment to improving human capital development in Africa, Platform Capital Group – a group comprising Platform Capital, Diatom Impact and Unicorn Group – and JobSearch, a human resources management company in Sierra Leone, are pleased to announce the launch of the Africa Literacy Project. While education remains a vital conduit...
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Platform Capital Group Awards $50,000 Annual Grant in Perpetuity to ElectHER, Nigerian Female-Focused Political Advocacy Organisation

Lagos, August 4th 2020: As part of our commitment to women’s empowerment and political participation, Platform Capital Group – a group comprising Platform Capital Investment Partners, Unicorn Group and Diatom Impact – has committed to supporting ElectHER, a Nigerian female-focused advocacy organisation with an annual grant of $50,000. In Nigeria, about 51% of women are involved in voting during elections....
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Platform Capital Hosts Delegations From UNILAG and OAU 

As part of our commitment to education and capacity development in Nigeria, the team at Platform Capital played host to the Vice-Chancellors of two of Nigeria’s foremost tertiary institutions, Professor Eyitope Ogunbodede of Obafemi Awolowo University (OAU) and Professor Oluwatoyin Ogundipe of University of Lagos (UNILAG) on Sunday July 19th 2020 at the Platform Capital offices in Victoria Island, Lagos.  The meeting was held to discuss the areas of synergy between...
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Here’s where wealth managers in Nigeria are telling clients to park cash

Wealth managers in Nigeria are telling rich clients to invest in risk-free fixed income assets as well as alternative assets – from student housing projects to agriculture finance. Nigeria’s rich have been hard hit by the COVID-19-induced market volatility and the economic impact of the decline in oil prices, which has upended traditional asset classes from equities to residential real...
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NCDMB, two firms sign $25m deals for refinery, lube plant projects

The Nigerian Content Development Monitoring Board (NCDMB), yesterday, signed two equity investments agreements, valued at $25 million, for the construction of a lube blending plant in Bayelsa State, and an energy park in Edo state, comprising among others, the setting up of a modular refinery and power plant. The two separate partnership agreements and share subscription agreements were signed, firstly,...
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NCDMB Signs Investment Agreements with DUPORT Midstream, ERASKON on Energy Park, Oil blending plant

PRESS RELEASE Corporate Communications July 3, 2020 NCDMB Signs Investment Agreements with DUPORT Midstream, ERASKON on Energy Park, Oil blending plant  …projects to create 1500 jobs The Nigerian Content Development and Monitoring Board (NCDMB) on Friday signed equity investment agreements with two companies-Duport Midstream Company for the establishment of an Energy Park in Egbokor, Edo State and Eraskon Nigeria Limited,...
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Platform Capital & Unicorn Group donate state-of-the-art intelligent service robots to the University of Lagos

Lagos, Wednesday, 29th June, 2020: As part of its commitment to improving the learning environment & culture, providing access to world-class technology, and accessing content partnerships with universities across the globe; Platform Capital and Unicorn Group have donated state-of-the-art autonomous robots to the University of Lagos (UNILAG). These robots are the first of their type to be deployed in universities...
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Platform Capital invests in an innovative USA-based SaaS Platform for secure business messaging, SafeRoom

Lagos, San Francisco & Mexico City, 24th June, 2020: Platform Capital (Platform), a leading growth markets investor, is pleased to announce its investment in SafeRoom, an innovative B2B SaaS platform for secure mobile messaging. SafeRoom’s proprietary and first-of-its-kind technology provides an intuitive easy-to-use instant messaging platform for businesses with all the standard features of messaging apps and also provides added...
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