Lagos, Nigeria | Tuesday, 12 May 2026 — NCDF Group has announced its strategic intention to pursue three public listings by 2028, marking a significant step in the Group’s long-term institutional growth, capital market development, and global investor-access strategy.
The announcement was made through the office of the Company Secretary, Adefunke B. Omidiora, while issuing a formal Notice of Board of Directors Meeting for NCDF Holdings Limited, scheduled to hold virtually on Wednesday, 20 May 2026, at 11:00 a.m. prompt.
Under the proposed capital market roadmap, NCDF Investment Management Plc and Konto Financial Group Plc are being positioned for listing on the Nigerian capital market, while NCDF Holdings Limited, the Group’s holding company, is being prepared for a potential listing in the United States capital market.
The planned listings form part of NCDF Group’s broader institutional transformation strategy, designed to deepen governance, strengthen transparency, expand access to long-term capital, and position the Group’s operating platforms for participation by domestic, diaspora and global investors.
“NCDF Group is building a disciplined African investment platform capable of connecting capital with real-economy opportunities across infrastructure, financial inclusion, technology, healthcare, housing, agriculture and impact investment,” said Mr. Oralusi Babatunde Hareter, Founder & Chairman of NCDF Group. “Our 2028 public listing ambition reflects our commitment to governance, institutional scale, capital market readiness and sustainable value creation.”
According to the notice issued by the Company Secretary, the Board meeting will consider key governance, budgetary, operational and strategic matters, including approval of the 2026 budget, departmental reports, strategy discussions, matters arising from previous minutes, declaration of interests, and other business relevant to the Company’s institutional growth.
The Board meeting is expected to provide an important governance platform for reviewing NCDF Investment Management Plc’s strategic direction as part of the wider Group’s 2028 capital market ambition.
Three-Platform Listing Strategy
NCDF Group’s proposed public market strategy is structured around three core institutional platforms:
1. NCDF Investment Management Plc — Nigerian Capital Market Listing
NCDF Investment Management Plc is being positioned as the Group’s investment management and fund platform, with a mandate to mobilise and manage capital across infrastructure, private markets, venture capital, real estate, healthcare, agriculture, technology and impact investment vehicles.
A future Nigerian capital market listing would support the Company’s ambition to expand assets under management, deepen investor confidence, strengthen governance visibility and scale its role as a professionally managed investment platform.
2. Konto Financial Group Plc — Nigerian Capital Market Listing
Konto Financial Group Plc is NCDF Group’s financial inclusion and digital finance platform, designed to serve underserved individuals, SMEs, merchants, agents, cooperative societies and community-based economic networks.
The proposed listing pathway is expected to support Konto’s long-term expansion across digital finance, agency banking, microinsurance, fintech infrastructure, SME finance enablement and financial access solutions for Nigeria’s growing digital economy.
3. NCDF Holdings Limited — United States Capital Market Listing
NCDF Holdings Limited is the parent and strategic holding platform of the Group. The Company is being prepared for a potential listing in the United States capital market, subject to regulatory approvals, market conditions, corporate readiness, shareholder approvals, professional advisory processes and applicable securities laws.
A U.S. listing pathway would support NCDF Group’s long-term global capital strategy by expanding access to international institutional investors, diaspora capital, strategic partners and global pools of capital seeking exposure to Africa’s infrastructure, technology, financial inclusion, healthcare, housing and agro-industrial growth opportunities.
Building an African Platform for Global Capital
NCDF Group’s 2028 listing ambition reflects its broader vision to become a globally investable African platform with strong governance, disciplined execution, transparent reporting and scalable operating businesses.
The Group’s ecosystem spans investment management, capital markets, digital finance, affordable housing, agro-industrial development, healthcare, renewable energy, education, cooperative investment mobilisation and technology-enabled execution.
Through this integrated model, NCDF Group aims to convert real-economy opportunities into structured investment products, bankable projects and scalable operating platforms capable of attracting domestic, diaspora and international capital.
“Africa’s development opportunity requires more than ambition; it requires institutional discipline, structured capital, credible governance and execution capacity,” the Group stated. “NCDF Group’s proposed listing strategy is designed to build the transparency, market access and investor confidence required to scale sustainable impact.”
Governance, Reporting and Market Readiness
Ahead of the proposed 2028 listings, NCDF Group intends to continue strengthening its board governance, audit systems, financial reporting, regulatory compliance, investor relations, risk management, disclosure standards, technology infrastructure and capital market documentation.
The Group also expects to continue developing its operating track record across public-private partnerships, investment vehicles, cooperative investment programmes, financial inclusion platforms, sector-focused companies and technology-enabled platforms.
The proposed listings remain subject to all applicable regulatory approvals, exchange requirements, market conditions, due diligence, restructuring processes, valuation review, shareholder approvals and professional advisory engagement.
About NCDF Group
NCDF Group is an African investment, infrastructure, financial inclusion, technology and impact platform focused on mobilising capital for sustainable economic development. Through its operating companies and sector platforms, the Group supports investment management, capital markets, digital finance, affordable housing, healthcare, agro-industrial development, renewable energy, education, technology infrastructure and public-private partnership opportunities.
The Group’s ecosystem includes NCDF Holdings Limited, NCDF Investment Management Plc, NCDF Securities Limited, NCDF Commercial Services Limited, Konto Financial Group Plc, and strategic sector platforms across housing, agriculture, healthcare, technology, financial inclusion and impact investment.
Forward-Looking Statement
This press release contains forward-looking statements, including statements relating to proposed public listings, capital market strategy, future growth, regulatory processes, market readiness, corporate development and business expansion plans. These statements are based on current expectations and strategic intentions and are subject to risks, uncertainties, regulatory requirements, market conditions, corporate approvals and other factors that may cause actual outcomes to differ materially. This announcement does not constitute an offer to sell, a solicitation to buy, or a recommendation to invest in any securities in any jurisdiction.
Media Contact
NCDF Group
Email: info@ncdfgroup.com
Website: www.ncdfgroup.com
