Portfolio

Project Kasi

Project Details

Sector

Technology

Participants

Nigeria Sovereign Investment Authority
Kasi Cloud Limited Nigeria

Commencement Date

Q4 2021

States
Lagos

NSIA provided a secured loan note to the Project Sponsor for the development of the 20 MW data Centre.

Job creation: The project is expected to create at least 100 direct and indirect jobs across the construction and operational phases of the project.

PARTNERS

How the fund is invested

US$ 8 million

Project Cost / Size:

Quasi-Debt

NSIA’s interest:

Convertible Loan Notes

Funding structure

15

Investment areas

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