Matteo Stefanel, Managing Partner of Apis Partners LLP, and Rotimi Oyekanmi, Partner & Head of Apis Africa office, held an interview with Iheanyi Nwachukwu of Business Day Nigeria in Lagos to discuss the investment climate and potential in Nigeria and across financial services.
The interview followed the announcement of Apis’ first investment in Nigeria, the signing of definitive agreements to invest in Bankers Warehouse, which demonstrated Apis’ belief in the growth opportunity presented by the Nigerian financial services space. During the interview, Matteo and Rotimi touched on the transformative impact of technology on financial services, complementarity between Apis’ focus markets of Africa and South Asia, the investment climate in Nigeria, current market trends, and the recent investment in Bankers Warehouse among others.
Please Click here for a copy of this interview (courtesy of Business Day Nigeria).
About Apis Partners
Apis Partners (www.apis.pe) is a private equity asset manager that supports growth stage financial services and infrastructure businesses in Africa and Asia by providing them with catalytic growth equity capital. Apis Partners core team is composed by 16 professionals based in London and Lagos, with specialised expertise in financial services and technology in growth markets. Apis Partners’ operating network includes on-the-ground presence in 5 countries and over 20 additional financial services sub-sector experts.
Apis Partners is highly conscious of the developmental impact that the provision of growth capital for financial services in growth markets can achieve, and as such, financial inclusion is a core tenet of Apis Partners’ approach and investment mandate.
Apis Partners LLP is authorised and regulated by the U.K. Financial Conduct Authority (auth. n. 628289).
Apis Partners is the manager of Apis Growth Fund I, L.P., Apis Growth I (B), L.P. and Apis Growth I Africa, L.P., collectively, Apis Growth Fund I or the “Fund”.
As a foreign private adviser, Apis Partners is exempt from registration under the Investment Advisers Act of 1940.