Nigeria Sovereign Investment Authority seeks manager for $50M startup fund

The Nigeria Sovereign Investment Authority (NSIA) has officially issued a request for Expressions of Interest (EOI) from qualified asset managers to oversee the newly established NSIA-Japan International Cooperation Agency (JICA) Impact Innovation Fund. The initiative is structured as a $50 million onshore venture capital vehicle designed to provide early-stage financing and strategic backing to Nigerian startups. Capital Structure and Commitments The fund’s capital architecture relies on a blen