A Legacy of Growth: UCIF’s Remarkable Journey in Infrastructure Financing
L-R: Sunny Anene, Deputy Group CEO, United Capital Group; Peter Ashade, Group CEO, United Capital Group; Dr. Odiri Oginni, MD/CEO, United Capital Asset Management; Uchenna Mkparu, Chief Investment Officer/Infrastructure Fund Manager, United Capital Infrastructure Fund (UCIF).
In a resounding testament to its financial strength and commitment to sustainable development, the United Capital Infrastructure Fund (UCIF) has disbursed a total of N1.98 billion in dividends to unitholders for the year ended 2024. This milestone reaffirms UCIF’s role as a key driver of infrastructure financing across Nigeria and Africa.
Reflecting on the fund’s performance, UCIF paid an interim distribution of N769 million for H1 2024, followed by N1.21 billion for H2 2024, bringing the total annual distribution to N1.98 billion. This payout structure, comprising both accrued principal and interest, underscores UCIF’s unwavering commitment to delivering strong returns while facilitating critical infrastructure investments.
The fund’s impressive gross return of 23.08%, coupled with a 150% revenue surge from N791 million in 2023 to N1.9 billion in 2024, highlights the attractiveness of UCIF as a reliable and profitable investment vehicle. Beyond financial success, the fund continues to channel resources into transformative sectors such as renewable energy, recycling, power, agriculture, and telecoms, reinforcing its mission to drive long-term economic growth.
UcheNna Mkparu, Chief Investment Officer and Fund Manager at UCIF, expressed confidence in the fund’s trajectory, stating:
“UCIF’s performance underscores our adherence to strong governance, prudent investment strategies, and unwavering commitment to value creation. As we move forward, our focus remains on delivering superior returns while prioritizing high-impact projects that foster sustainable economic development across Nigeria and Africa.”
A Decade of Impact: UCIF’s Reflection on Its Growth Story
Since its inception, United Capital Infrastructure Fund has played a pivotal role in bridging Africa’s infrastructure gap, mobilizing capital for high-impact projects that drive economic transformation. The fund’s success is built on a strategic blend of financial expertise, risk management, and a deep understanding of Africa’s infrastructure needs.
As UCIF celebrates yet another year of exceptional performance, it stands as a beacon of confidence for investors seeking both profitability and purpose-driven investment opportunities. The fund remains dedicated to unlocking Africa’s infrastructure potential, empowering industries, and shaping a future of inclusive economic prosperity.
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