DEAP Capital minerals financing initiative in Africa offers advisory, capital structuring, and support for metals and minerals projects across the continent

DEAP Capital Management & Trust Plc has signed a Memorandum of Understanding aimed at strengthening its capital base and launching a minerals and metals financing initiative across Africa.

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The MoU, executed with Banklink Africa Fund II, provides a framework for DEAP Capital to offer financing, advisory services, and capital structuring solutions to operators in the minerals and metals value chain.

The initiative is designed to support Africa’s integration into global supply chains tied to digitisation, energy transition, industrial manufacturing, and advanced technologies.

Chief Executive Officer Anthony Adigwe said the MoU marks a defining phase for DEAP Capital, enabling it to reposition as a sector-focused non-bank financial institution with emphasis on mining, metals trading, and project finance.

The initiative is expected to facilitate fresh capital injection, enhance institutional capacity, and strengthen governance and execution capabilities.

The company aims to play a central role in capital mobilisation for mineral projects in Nigeria and across Africa.

Chairman of Banklink Africa, Dr Israel Ovirih, said the MoU would improve access to global capital for African businesses operating in the minerals and metals sector.

According to DEAP Capital, the investment structures will support sustainable and bankable mineral projects, improve shareholder value, and consolidate the company’s role as a key partner in Africa’s critical minerals ecosystem.

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The initiative aligns with Africa’s growing participation in strategic global supply chains and reflects a broader push to develop industry-focused financial solutions across the continent.