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Most attractive Law firms to work with in Nigeria

Lawyers consider different factors when deciding on which law firms to work with.  It could be because the law firm specializes in an area that is of interest to such lawyer or for some other reasons such as salary, the possibility of huge bonuses, rankings in legal directories, work environment, growth and learning potential, or some kind of competitive edge that comes from working with a particular law firm. In a recent survey conducted to ascertain the Nigerian law firms lawyers find most attractive to work in, the following law firms emerged. ALUKO AND OYEBODE Aluko & Oyebode is one of the largest law firms in Nigeria and provides a wide range of comprehensive legal services. It offers world-class legal services to multinational companies, local entrepreneurs and pro bono clients. The firm was founded in 1993 and has over 80 attorneys. It has offices in Lagos, Abuja and Port Harcourt; the major commercial centres of Nigeria.

In March, Nigerian Tech Startups Attracted 78% of $263 9m VCs Funds Raised in Africa

By Adenike Adebowale NIgeria’s fin-tech startups attracted 78 per cent of $263.9 million raised by venture capitalists in Africa in March, analysis shows. Checks revealed that at-least 45 organizations received funding either through grants, pre-seed, seed or series raise on the continent. Of which Nigerian founded fin-tech startup Flutterwave singlehandedly raised the highest funding and it was for the sum of $170 million. Flutterwave’s funding is also the highest among all the funds raised by tech companies across the continent. Valuation The other startups that raised funds in Nigeria include Bankly, Havenhill, Kuda Bank, Kwik Delivery, Termii and Afriex. Bankly is a female-led fintech startup and it raised $2 million which was announced on March 24. The round which was led by Flutterwave and Vault is expected to help the startup scale to other states in Nigeria.

Nigerian cleantech startup, Havenhill, raises $4 6m

Shares Nigerian cleantech startup, Havenhill Synergy Limited, has raised $4.6m from Chapel Hill Denham Nigeria Infrastructure Debt Fund (NDIF) to aid the construction of 22 smart solar mini-grids in Nigeria. Founded in 2010 by CEO Olusegun Odunaiya, Havenhill focuses on improving access to electricity in rural areas using mini-grids. The company also offers renewable energy services for businesses in Nigeria’s industrial and commercial hubs. Havenhill’s solar mini-grid solution promises to connect up to 70,000 people as well in establishments in various communities to clean and reliable energy. In a statement, the NDIF asserts that the recent funding round was in line with the Nigeria Electrification Project.

Chapel Hill Denham boosts Havenhill s mini-grid roll-out with $4 6m funding

Lagos, March 9, 2021 Havenhill Synergy Ltd. has raised N1.89 billion ($4.6m) for the construction of 22 mini-grids from Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF) under the Nigeria Electrification Project. The NIDF Chief Executive Officer, Anshul Rai, in a statement on Monday said that NIDF would provide Havenhill long-term financing of N1.89 billion ($4.6m) to part-finance the roll out of these mini-grids. He said that the mini-grids would connect 70,000 people along with other establishments in the host communities to clean, reliable energy supply. Rai said that the development was part of Havenhill’s strategic focus on energy access and clean energy for Nigerians.He said it was quite fulfilling to note that NIDF was playing a significant role in improving energy access in Nigeria.

22 Mini Grids for Nigeria Electrification Project | Off Grid Energy Independence

External Company Press Release As part of its strategic focus on energy access and clean energy for Nigerians, Chapel Hill Denham Nigeria Infrastructure Debt Fund (NIDF), the first listed infrastructure debt fund in Nigeria and Africa, has announced the successful financial close for the construction of 22 mini-grids being developed by Havenhill Synergy Limited (Havenhill) under the Nigeria Electrification Project.   With this development, NIDF will provide Havenhill long-term financing of N1.8 billion (c. $4.6 million) to part-finance the roll out of these mini-grids, that would connect 70,000 people along with other establishments in the host communities to clean, reliable energy supply. For further information see the IDTechEx report on Distributed Generation: Off-Grid Zero-Emission kW-MW 2020-2040.

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