8 August 2008
Afrinvest Launches Equity Fund

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Afrinvest (West Africa) Limited (“Afrinvest” or the “Company”) is a management majority-owned securities firm involved in investment banking, securities trading, asset management and investment research with a focus on West Africa.

Afrinvest emerged from the December 2005 investment by Afrinvest International in Securities Transactions & Trust Company Limited (“SecTrust”) which led to SecTrust changing its name to Afrinvest. Established in 1995, SecTrust was previously organised as an integrated securities brokerage, asset management and investment research firm with an enviable reputation in the Nigerian capital markets industry.

The Company today is organized along four major business lines: Investment Research, Securities Trading, Asset Management and Investment Banking. These businesses are supported by a diverse team of experienced professionals in Financial Control, Operations, Human Resources, General Services, IT Systems, Risk Management, & Compliance, and Legal & Regulatory structures.

Afrinvest is a leading independent securities firm in Nigeria, a leading provider of research content on the Nigerian market and a leading adviser to blue chip corporates across West Africa on M&A and international capital market transactions. The Company provides its broad range of institutional and retail clients with fact-based, innovative and bespoke financial services. Afrinvest is well regarded for its focus on international best practices in all aspects of its business.