This investment was made when British International Investment was named CDC Group.
First Festival Mall is a special purpose vehicle solely dedicated to constructing and operating a 13382 square metre dual anchor shopping mall in Festac, Lagos State.
Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.
- Africa, West Africa
We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.
- Construction and real estate
- Investment type
We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).
- Intermediated investment
- Capital Alliance Property Investment Company LP
- Fund Manager:
- African Capital Alliance
- Start date
For direct investments, this is the date British International Investment committed capital to the business or project.
For funds, this is the date that British International Investment committed capital to the fund.
For underlying fund investments, this is the date that the fund invested capital into the business.e
- September 2014
This is the investee company’s place of incorporation; or a fund’s jurisdiction.