ACA facilitates PE workshop for SEC Nigeria

March 24, 2016, Lagos, Nigeria – African Capital Alliance (ACA) facilitated a one-day private equity training workshop for forty management staff of the Securities and Exchange Commission of Nigeria (SEC).

The training was organized in line with ACA’s external impact objective to improve the private equity regulatory climate in the Nigeria.

During the training, ACA provided participants with an extensive overview of the Nigerian private equity industry and discussed ways to create a more regulatory-friendly environment for private equity’s growth in Nigeria.

CEO of ACA speaks at the annual HBS Africa business conference

February 28, 2014 – CEO of ACA, Mr. Okey Enelamah, gave the opening keynote address at the 16th Annual Africa Business Conference at the Harvard Business School. The theme of the event was “Africa Accelerates: Equipping a Vibrant African Economy.” In an inspiring speech, Mr Enelamah recognized Africa’s strong investment prospects and highlighted the need to drive the continent’s growth by strengthening human capital development, creating an enabling environment for businesses to thrive and promoting integrity and discipline in the execution of business opportunities.

The Africa Business Conference at the Harvard Business School brings together over 1500 African business leaders, young professionals, and students to Boston Massachusetts. With over 16 years of continuous growth, the event has become an annual pilgrimage for business leaders and young professionals from Africa with specific interest in Africa.

ACA facilitates PE workshop for pension fund operators

February 2-3, 2016, Abuja, Nigeria – African Capital Alliance (ACA) partnered with the African Private Equity and Venture Capital Association (AVCA) and the CDC Group (the UK Government’s development finance institution) to facilitate a two-day private equity training workshop for the board level executives of the Nigerian Pension Funds.

The workshop, which was organized by the National Pension Commission in Nigeria (PENCOM), was attended by over seventy pension fund operators who were given an extensive overview of private equity and global best practices in its management.

ACA invests in filmhouse cinemas and film one

November 1 2014 – African Capital Alliance (ACA) today announced its investments in Filmhouse Cinemas, the fastest growing cinema chain in Nigeria and Film One, its associated film production and distribution company.

Filmhouse opened its doors in December 2012 with the aim of delivering world class cinema experience to the Nigerian public. Backed by an experienced management team, the company quickly established itself as a key player in the cinema exhibition space, opening cinemas in key cities across Nigeria.

To further diversify its operations, and tap into another attractive segment of the film industry, the management team launched Film One, a distribution and production company, in 2014. Already, Film One has released the two highest grossing Nigerian blockbusters this year – ‘Half of a Yellow Sun’ and ‘October 1.’

Through its partnership with ACA, Filmhouse and Film One hope to scale their operations to become the leading mass media companies in Nigeria.

Speaking on Filmhouse and Film One’s growth prospects, ACA Partner Paul Kokoricha said “Despite Nigeria having one of the largest film industries in the world the cinema space is largely untapped. The world over, cinema exhibition and film distribution are key segments of the film industry and the main drivers of economic value in the sector. We are looking forward to partnering with the team to deliver on the promise of the sector.”

Mr. Kene Mkparu, co-founder and Managing Director of Filmhouse commented on the transaction, saying “We are delighted with Africa Capital Alliance’s investment in our strategic plans for cinema roll-out expansion, film distribution and production. With this investment we can scale up quickly and strengthen our position as an industry leader.We believe ACA brings valuable local and international expertise that will help grow our business.”

ACA is currently investing out of its third fund (CAPE III), a $400 million private equity fund.