TLG Capital Exits $12M Nigerian Deal with 18% IRR

13th March 2025

TLG Capital has exited a $12 million investment in a Nigerian consumer platform, achieving an 18% USD IRR over six years despite significant macroeconomic headwinds. Nigeria faced a sharp 80% currency drop and record inflation during this period, yet our investors’ capital more than doubled in USD terms.

Our success reflects the power of backing visionary entrepreneurs in durable consumer sectors with patient, well-structured private credit and equity-linked upside. With flexible structuring and strategic support from leading DFI partnerships, including Medical Credit Fund | PharmAccess, we drove sustainable growth in healthcare and consumer finance.

This milestone demonstrates that Africa’s markets beyond extractives are ripe for disciplined investment and superior returns. At TLG Capital, we believe that credit beats equity, consumer beats extractives, and creativity beats rigidity. Execution matters - and this is the way forward.