This is the largest Guinea SME deal in the last decade. Democratising access to private credit beyond a handful of familiar markets in Sub Saharan Africa is essential if the region is to prosper as one. TLG Capital looks to invest in precisely places where others hesitate. Engaging the best business builders with seriousness, humility, and long-term intent. Progress is not the product of waiting for certainty, but of acting with discipline and conviction in its absence.
As we operate in frontier markets, we do so alongside strong local financial institutions, structuring transactions that genuinely catalyse private sector growth. Today, we are proud to partner with NSIA Banque Cote d'Ivoire, one of the largest banking groups in the WAEMA region. NSIA’s institutional depth and regional reach send a powerful signal of confidence in both this transaction and the market it serves. Importantly, this partnership reflects a deliberate approach to structuring from the outset, including a clear pathway to exit at maturity by working with local banking partners from day one.
When we formulated our SME-bank-partnership strategy several years ago, I could not have anticipated the scale of engagement we are now seeing from African banks and corporates. In the last 6 months alone, TLG has deployed capital across Kenya, Nigeria, Djibouti, Tanzania, Uganda, Ghana, Côte d'Ivoire and now Guinea. Great businesses operate across Africa, not just in the tourist capitals. When structured thoughtfully and scaled responsibly, investing in lesser known regions creates success stories that mobilize further investment and further success.
Together, we have structured long term financing to support growth in urban infrastructure, creating jobs in the real economy. The transaction supports development of a landmark commercial development in Conakry, comprising 20 storeys of built space.