Cabipa

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  • April 17, 2024
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Cabipa Nigeria Limited Secures 5 Billion Naira Debt Facility: Signing Ceremony With Planet Capital Limited

On 17th April 2024, Cabipa Nigeria Limited celebrated a landmark moment with the signing ceremony of a 5 billion Naira debt facility, arranged by Planet Capital Limited. This strategic move is a crucial step in strengthening Cabipa’s financial footing and positioning the company for future growth. The event underscored the commitment of both organizations to a long-term, mutually beneficial partnership.

Representing Cabipa at the event were our key executives, Mr Edward Chiadikobi our Chief Commercial Officer (CCO), and Mr Uche Obianeli Head of Strategy Development. Their involvement underscored our commitment to strengthening our financial foundation and supporting our strategic growth initiatives.

A cross-section of the Cabipa and Planet Capital teams at the signing ceremony
Cabipa Management Team at the event with Planet capital MD
Cabipa Team sharing a laugh with the Planet Capital MD at the Signing Event
Cabipa_s CTO SIGNING THE AGREEMENT
Handshake between the Cabipa Management Team and Planet Capital MD_s
Heartwarming moment as Cabipa and Planet Capital share a side hug during our signing ceremony
Management from both teams in discussion before the signing ceremony
The Cabipa Management Duo with the Planet Capital MDs
The Cabipa Management Team present at the Signing Ceremony
The Signing Ceremony of CNL with Planet Capital Ltd.

We are proud to announce that this facility was successfully repaid in December 2024 which is a clear testament to our robust financial management and operational strength. The timely repayment not only reinforces our reputation as a financially capable organization but also builds further trust with our partners and stakeholders.

The strategic collaboration with Planet Capital Limited has been instrumental in this achievement. With the support of senior representatives such as Co-CEO & MD Debt Capital Market Services, Efe Akhigbe, and Co-CEO & MD Strategic Advisory Services, Tony Anonyai, we have been able to secure the necessary capital to drive our expansion plans and sustain long-term growth.

This accomplishment signals our strength and strong financial capability and serves as a foundation for future endeavours. Cabipa Nigeria Limited remains dedicated to delivering value to all stakeholders while exploring new opportunities for sustainable growth in the competitive energy market.