MTN lists on Nigeria Stock Exchange
July 8, 2019, Lagos, Nigeria – MTN Nigeria has been listed on the Nigeria Stock Exchange by way of Introduction in May 2019, and the shares would be open to Nigerian investors as part of the second phase of the listing. This means that the company was listed in the initial phase, without any public offer or sell-down or initial public offering.
The President and CEO...
Cornerstone Tower IFC Edge Certification
The Cornerstone Tower, one of the investments from ACA’s Real Estate Fund, Capital Alliance Property Investment Company (CAPIC), achieved a preliminary EDGE certification on April 5, 2019. Cornerstone Towers is the first commercial building to achieve the EDGE certification in Nigeria and this was merited based on the resource-efficient design of the building which will...
BBC news spotlight on the growing demand for cinemas in Nigeria
Source: BBC News
June 6, 2019, Lagos, Nigeria – The management of FilmHouse were featured in an BBC interview on the growing demand for cinemas in Nigeria. Click link to watch the interview. https://www.bbc.com/news/av/business-48480401/growing-demand-for-cinemas-in-nigeria
Filmhouse team selected to join the Endeavour Network
April 30, 2019, Lagos, Nigeria – ACA Portfolio Company, Filmhouse, led by Kene Okwuosa and Moses Babatope, have been selected to join the Endeavour Network.
Endeavour is a global network of entrepreneurs in 34 countries. The CEO of Endeavour Nigeria, Ms. Eloho Oname, confirmed that the selection panel was very impressed with the Filmhouse team and are excited to work with...
ACA portfolio, Filmhouse bags CinemaCon
April 16, 2019, Lagos, Nigeria – Nigeria was presented with the Emerging Market Spotlight Award at the Cinemcon 2019 – the most influential cinema conference in the world, organized by the American Cinema Organization. Filmhouse was invited to accept the award on behalf of Nigeria, as they were deemed to have been the most significant contributor to the...
ACA exits Wakanow
December 21, 2018, Lagos, Nigeria – ACA is happy to announce the exit from the CAPE III investment in Wakanow. Wakanow is the leading Online Travel Agency (OTA) in West Africa. The Company utilized the CAPE III investment to grow 3 fold during the four year holding period. The Company will now be embarking on a further expansion to become the leading OTA in Africa and CAPE...