Business

Firm offers debt, equity funds for businesses

FRAGG Investment is an impact investment management and advisory company that specialises in the management of funds targeting investments in the impact and climate domains.The company, with focus in the West African region, seeks to help companies raise new capital as debt and equity investments, as well as support business growth.

Presently, FRAGG Investment is making available a minimum of N175 million for investment in companies and projects in the impact sectors like microfinance institutions, SME banks, Finance Houses, and commercial banks, agriculture, healthcare, affordable housing and climate finance.Such companies and projects are now invited to apply for a round of support and funding from a wide range of offshore investors.

“Using a triple-bottom line approach, our main target is investing in and mobilising funds for high-growth companies in Nigeria and West Africa that promote social and environmental impact.Our goal is to make a strong financial return for investors while supporting companies that are contributing to a better world”, the Managing Director, Franklin Odoemenam, said.The timeframe for the application and selection process of interested participants is between July 6, 2018 and August 7, 2018, through http://www.fraginvest.com and accelerator@fraginvest.com.

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