New Deal Positions DEAP Capital For Africa’s Critical Minerals Push
DEAP Capital Targets Africa’s Critical Minerals Financing Gap
DEAP Capital Management & Trust Plc has signed a Memorandum of Understanding (MoU) to roll out a minerals and metals financing initiative across Africa, aimed at improving access to capital for operators in the continent’s fast-growing critical minerals sector.
In a statement to the Nigerian Exchange Limited (NGX) in Lagos, the company said the initiative will deliver tailored financing solutions, advisory services and capital structuring to support Africa’s integration into global supply chains linked to energy transition, digitisation, industrial manufacturing and advanced technologies.
The MoU builds on an earlier strategic agreement between DEAP Capital and Banklink Africa Fund II, a fund under Banklink Africa Private Equities, designed to strengthen DEAP’s capital base and support its long-term expansion strategy.
According to the firm, the new financing framework is expected to reposition DEAP Capital as a focused investment banking boutique, attract fresh capital inflows, enhance institutional capacity and improve strategic alignment within the minerals and metals ecosystem.
Chief Executive Officer of DEAP Capital, Anthony Adigwe, described the agreement as a pivotal step that reinforces the company’s sector-focused, non-bank financial services model.
Also commenting, Banklink Africa Chair, Dr Israel Ovirih, said the partnership would enable African minerals and metals businesses to access global capital markets more efficiently, while supporting the development of bankable and sustainable projects across the continent.
