Afrinvest (West Africa) Limited is a Nigerian capital market holding company with specialized subsidiaries focusing on the unique but integrated wealth management needs of clients in West Africa. The subsidiaries are Afrinvest Asset Management, Afrinvest Capital, Afrinvest Consulting, Afrinvest Securities and Afrinvest Trustees. Afrinvest is both a provider of research content on the Nigerian market and an adviser to blue-chip companies across West Africa on M&A and international capital market transactions. Regulated by the Securities and Exchange Commission (“SEC”) as an Issuing House and Underwriter, Afrinvest provides financial advisory services as well as capital raising to high net-worth individuals ("HNIs"), corporations, and governments. The company is also licensed by the Nigerian SEC, through its subsidiary, Afrinvest Securities Limited (“ASL”), as a broker-dealer and authorized by the Nigerian Stock Exchange as a dealing member. ASL acts as a distribution channel for a variety of investment products and houses the company's research franchise. Afrinvest Asset Management Limited (“AAML”) is licensed by the Nigerian SEC as a portfolio manager. Afrinvest maintains established offices in Lagos, Abuja, Onitsha and Port-Harcourt. History Afrinvest was founded in 1995 by Godwin Obaseki as Securities Transactions & Trust Company (Nigeria) Limited (“SecTrust”). Over the years, SecTrust established a close relationship with its London-based partners (“Afrinvest Limited”), an investment banking firm regulated by the United Kingdom Financial Services Authority (“FSA”). Following commencement of its business restructuring in 2005, SecTrust combined with the Nigeria-based corporate finance business of Afrinvest (UK) Limited. This phase of business restructuring was concluded in December 2005 and culminated in the renaming of SecTrust as Afrinvest (West Africa) Limited. Afrinvest has emerged as a full-service investment banking firm, engaged in investment banking, investment research, securities trading and asset management. The company has participated actively in a number of corporate finance transactions in Nigeria to date. In 2012, the company restructured its businesses by establishing two wholly owned subsidiaries namely; Afrinvest Securities Limited (ASL) Afrinvest Asset Management Limited (AAML) The company is registered as an Issuing House by the SEC while its other two subsidiaries, Afrinvest Securities Limited and Afrinvest Asset Management Limited, house the company's broker-dealer and fund manager licenses respectively. The first-ever listing of a dollar-denominated fixed income fund in Nigeria—The Nigeria International Debt Fund The first-ever issue of global depository receipts by a Sub-Saharan Africa corporate – United Bank for Africa Plc (UBA) The first Eurobond issue by a Sub-Saharan Africa corporate outside South