The Nigerian industrial base rewards capital that stays. These four mandate lines govern every ZOGA Capital engagement — structured long, aligned federally, and declined where the incentives do not match the horizon.
Bank and development-finance syndication, project-finance structuring, and long-dated debt facilities for mining, agro-industry, food processing, and strategic manufacturing. Transactions are structured with Nigerian and international DFI participation, federal policy alignment, and enforceable environmental and community commitments.
Structured participation in Nigerian and regional capital markets — equity, debt, and blended instruments aligned with long-horizon industrial capital needs. We structure transactions that Nigerian institutional investors can hold through a cycle, not that require a narrow window of market conditions.
Long-dated offtake structuring, trade-finance facilities, and commodity-linked working capital for Nigerian producers and processors. The default is multi-year offtake partnerships matched to the tenor of farm-side or processing-side investment — not short-cycle spot exposure.
Advisory for Nigerian federal agencies, development banks, and industrial sponsors on transaction structure, policy alignment, and investor engagement. Engagements are scoped on outcome, not fee-hours, and we decline mandates whose structure we would not ourselves finance.
Short-cycle capital has dominated African industrial finance for three decades. Sponsors are recapitalised every few years, strategies are reset, and the buildings that were meant to be built never quite are. The Nigerian industrial base carries the cost of that churn.
ZOGA Capital is structured around the opposite thesis: that Nigerian industrial capital produces better risk-adjusted returns over a twenty-year horizon when it stays long enough to see the transaction through its operating phase — and when the same actors who structured the deal are still at the table when the hard calls get made.
We decline mandates whose structure we would not ourselves finance. Alignment with the sponsor's outcome is a precondition of engagement — not an output of it.
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