TLG Capital, VivaJets close pioneering Nigerian aviation credit facility
- TLG Capital closed a US$10 million facility for VivaJets, enhancing intra-African connectivity.
- This financing is believed to be the first internationally structured aviation financing for a Nigerian air operator.
- Isha Doshi from TLG Capital highlighted the importance of connectivity for Africa's growth.
The successful closure of this financing facility represents a pivotal moment for the aviation sector in Nigeria and underscores the potential for innovative financial solutions to drive growth in underrepresented markets. It is crucial for stakeholders to continue fostering such collaborations to enhance connectivity and economic opportunities across Africa.
