Improving economies & transforming communities

"We are developing the African infrastructure asset class through strong partnerships, specialist expertise, high-quality investments, and impressive results. By delivering successful projects we are supporting the growth of a sustainable Africa for better livelihoods today and for the generations to come."

Tariye Gbadegesin, Managing Director & Chief Investment Officer, ARM-Harith


With the mandate of a 12-year fund (extendable), we take a long-term perspective on our investments. We invest equity capital and occasionally mezzanine instruments in West African infrastructure assets for a significant minority stake. Our investments are tailored to meet the specific requirements of the projects, and our investors. The criteria we seek includes a provision of essential services to the community, long-term capital growth, the opportunity to obtain a dominant market position, and the potential to increase returns on equity.


We support infrastructure projects at an early development stage, working alongside sponsors from project conception through to construction. Leveraging our in-house industry and technical experts, we selectively offer project development capital prior to financial close for chosen projects in addition to financial structuring support to enhance the bankability of projects.

Investment policy

ARM-Harith supports infrastructure projects developed by:

  • Majority private sector entities
  • Majority public sector entities, provided that the private sector is responsible for developing and managing the public sector entity’s assets on a risk-sharing basis, including:
    • Special purpose vehicles or project companies
    • Private operating infrastructure companies
    • Privatised companies or companies that are about to be privatised, and where the Government has contractually committed to such privatisation
  • Pursuing a balanced investment strategy that targets inflation adjusted returns.
  • Investing in a balanced portfolio in Nigeria and West Africa


Energy Solutions
and Access

Delivering an optimal energy mix for grid-connected and commercial/industrial power requirements while incorporating distributed energy solutions for broad-reaching access.

Climate Conscious

Investing in infrastructure that is emissions mitigative and adaptive to climate change.

African Continental
Free Trade

Opening markets, trade routes and scale for African products and services, leveraging on West Africa as a gateway.

Resilient Urbanization

Urban renewal for nodes of burgeoning population, consumption, and employment, as the major centres of economic activity.

Digital Connectivity

The power of technology to scale products and services such as education, health, agriculture, logistics and much more, is underpinned by robust digital infrastructure.

Blended Finance

Innovative capital solutions addressing long-term investment perspectives, local currency solutions, and risk & return allocation will be crucial to mobilizing increasing levels of capital into African Infrastructure.

our focus




Utilities Infrastructure

Telecom Infrastructure

Real Assets