NCDF Green Infrastructure Bond

For Clean Mobility, Renewable Energy & Circular Economy in Nigeria

What Is the NCDF Green Infrastructure Bond?

The NCDF Green Infrastructure Bond is a ₦50 billion certified green bond programme established by the Nigerian Capital Development Fund (NCDF Group) to finance transformative, climate-aligned infrastructure projects across Nigeria. Backed by strong governance, trusted partners, and aligned with global green finance standards, this bond empowers public-private partnerships that deliver measurable environmental and social impact.
Issued by Greenovus Infrastructure SPV Limited, managed by NCDF Investment Management Plc, and structured by NCDF Securities Limited, this bond is Nigeria’s most strategic green investment tool to accelerate the nation’s transition to a low-carbon, inclusive economy.

What the Bond Funds

Proceeds are deployed into carefully selected green projects across five sectors:

Key Performance Indicators We Track
Sectors Key Interventions
Clean Transportation Deployment of CNG buses, nationwide CNG refueling stations, EV infrastructure
Renewable Energy Solar mini-grids, solar for hospitals and schools, energy access for underserved communities
Green Infrastructure Affordable eco-smart housing, green buildings, low-carbon construction, sustainable water systems
Circular Economy Recycling and reuse hubs, green materials (e.g., Concrete-X), waste-to-energy solutions
Energy Efficiency Building retrofits, smart grids, high-efficiency public lighting

How the Structure Works

  • Issuer: Greenovus Infrastructure SPV Limited
  • Fund Manager: NCDF Investment Management Plc
  • Arranger: NCDF Securities Limited
  • Programme Size: ₦50 Billion (Tranche 1: ₦20 Billion)
  • Tenor: 7 Years
  • Coupon: 12% – 15% p.a., payable semi-annually
  • Minimum Investment: ₦10 Million
  • Official Launch: Q3 2025

Investor Protection & Impact Assurance

  • DSRA-Backed: 6-month Debt Service Reserve Account
  • Secured: Project revenue assignment & Trustee oversight
  • Certification: Compliant with SEC Nigeria Green Bond Rules and ICMA Green Bond Principles
  • Impact Reports: Annual ESG disclosures and third-party verification
  • Use of Proceeds: Fully traceable and transparently reported

Why Invest?

Create real environmental and economic impact

Earn stable returns over a 7-year term

Back Nigeria’s climate transition and green jobs movement

Align your capital with the SDGs, Energy Transition Plan, and Renewed Hope Agenda

📄 Coming Soon

Green Bond Framework
Investor Prospectus
Subscription Form & Application Pack
📢 Register your interest today and be among the first to subscribe when the bond launches in Q3 2025.