What Africa Prudential does

Africa Prudential Plc is the first listed registrar on the Nigerian Exchange Group (NGX), operating from Lagos with regional offices in Port Harcourt and Abuja. Founded in 1970 and listed under ticker APR, the company provides share registration, dividend processing, AGM management, investor relations, capital market issuer services, and probate and transmission services to listed Nigerian corporates across banking, conglomerate, manufacturing, real estate, oil and gas, healthcare, and insurance sectors. Its client roster includes UBA, BUA Cement, BUA Foods, Transcorp, UACN, VFD Group, United Capital, Mixta Africa, and Afriland Properties, among others, with over 260,000 shareholders managed across these mandates.

The company's technology backbone comprises four proprietary platforms: Sabivest (a consolidated shareholder and investment management app launched April 2026 as successor to Invearn), Greenpole (an enterprise registrar operating solution with open APIs, modular micro-services, multi-tenant database, and eKYC), the e-AGM Portal (supporting up to 1,000 video participants with e-voting), and APEMs. Supporting shareholder tools include MagFlex (share-backed lending), DivPlus (advance dividend access), DRIP (dividend reinvestment), and an Unclaimed Dividend Finder. A bespoke KYC Solution for identity, address, and business verification was launched in 2025. The company holds ISO 27001:2022, ISO 9001:2015, and ISO 22301:2019 certifications within an Integrated Management System.

Africa Prudential's revenue model combines contract-based share registration fees (approximately 40% of revenue) with interest income from term deposits and treasury management (approximately 60%, totaling N5.8 billion in 2025). Pricing is not publicly disclosed and is contract-negotiated with B2B enterprise clients. Distribution runs through direct enterprise sales, self-serve web and mobile applications, and a February 2026 strategic diaspora investment platform partnership with United Bank for Africa alongside United Capital, Heirs Insurance, Afriland Properties, Avon Healthcare, and UBA Pensions. FY2025 revenue reached N7.19 billion (38.33% YoY growth) with pre-tax profit of N4.26 billion (51.51% YoY growth) and a 98% dividend payout rate.

Name

Africa Prudential

Legal name

Africa Prudential Plc

Website

https://africaprudential.com

Company type

Public

Founded year

1970

Operating status

Operating

Headcount range

101–250 employees

Short description

Africa Prudential Plc is the first listed share registrar on the Nigerian Exchange Group, providing digital share registration, dividend processing, AGM management, and investor relations services to 260,000+ shareholders of listed Nigerian corporates via proprietary platforms Sabivest, Greenpole, and e-AGM Portal.

Ownership category

akta.pro rank

Product category

Share Registration Services

NAICS

Portfolio Management and Investment Advice (523940), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Miscellaneous Business Credit Institution (6159)

akta.pro primary industry

Strategic / Balance-Sheet CVC (On-balance-sheet investing) (FSANAHAA)

Keywords

• Share registration services
• Capital market solutions
• Investor relations services
• Dividend management solutions
• Corporate registrar services

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices3 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Share Registration Services (Contract Fees): Core registrar business providing share registration, data management, dividend processing, AGM services, and corporate actions management. Revenue composition of approximately 40% from contract fees.
2. Interest Income from Investments: Investment income from term deposits and treasury management. Revenue composition of approximately 60% from investment income. In 2025, interest income from term deposits totaled N5.8 billion.
3. Digital Solutions (e-Solutions): Revenue from proprietary digital platforms including Sabivest, Invearn, Greenpole, and e-AGM portal offered to other registrars and capital market operators.
4. KYC Services: Bespoke KYC solutions for corporate organizations including identity verification, address verification, document validation, and business verification services.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

Africa Prudential provides share registration, capital market, and investor relations services for listed companies on the Nigerian Exchange, complemented by proprietary digital platforms (Sabivest, Greenpole, e-AGM Portal, APEMs) that handle shareholder data management, dividend processing, AGM administration, and KYC compliance. It also offers ancillary tools (Unclaimed Dividend Finder, Invearn Trybe community) and licensed its enterprise registrar software to third-party registrars, serving over 260,000 shareholders across banking, oil and gas, manufacturing, conglomerate, healthcare, real estate, government parastatal, and aviation verticals.

Product overview

Africa Prudential offers a platform-plus-modules portfolio centred on share registration and capital market solutions. Its core registrar services are anchored by Premium Share Registration, Corporate Services, Investor Relations Services, Capital Market Issuer Services, and Probate and Transmission Services. Overlaid on these services is a suite of digital platforms: Sabivest (the all-in-one shareholder and investment management app, successor to Invearn), Greenpole (enterprise registrar operating solution), and the e-AGM Portal (virtual/hybrid meeting and voting platform). Supporting shareholder tools include MagFlex (share-backed lending), DivPlus (advance dividend access), the Dividend Reinvestment Plan (DRIP), the Unclaimed Dividend Finder, and the Invearn self-service portal. The company also launched a dedicated KYC Solution for identity verification and compliance. Together these products form an integrated digital ecosystem covering the full shareholder lifecycle from onboarding through estate transfer.

Differentiator

Problem solved

Functional benefit

Brands

• Invearn: All-in-one self-service portal designed to revolutionize how investors manage their portfolios. Allows shareholders to subscribe to public offers, claim dividends, update TIN, monitor investments, and connect with investors.
• Sabivest
• Greenpole
• e-AGM Portal
• APEMs

Products and services

• Premium Share Registration Core share registration service providing timely dividend payments, share dematerialisation, shareholder updates, cost-effective annual reports, tax remittance, and efficient data management for listed companies and capital market issuers.
• Corporate Services Management of corporate meetings including AGMs, EGMs, and Court-ordered Meetings, with proxy management and e-voting services, plus digital AGM solutions such as electronic transmission of annual reports and notices, e-accreditation, real-time voting, and regulatory report generation.
• Investor Relations Services Handling of shareholder and investor inquiries on company performance, finances, and governance, covering company performance, financial matters, corporate governance, AGM and meetings, regulatory compliance, dividend management, and shareholder communication.
• Capital Market Issuer Services Services for capital raising including private placement, stock market listing, bonus issuances, rights issues and public offers, and advisory services covering regulatory compliance, strategic planning, and stakeholder engagement.
• Probate and Transmission Services End-to-end probate support including Letters of Administration, Grant of Probate, transmission of shares to beneficiaries or legal heirs, amendment of grant, and certificate of additional assets, ensuring regulatory compliance throughout the estate administration process.
• KYC Solution Bespoke Know Your Customer solution offering identity verification (name, date of birth, NIN, BVN, government-issued IDs), address verification via trained field agents with geotagging, document validation, business verification (CAC, office location), compliance and due diligence monitoring for CBN, SEC, and AML directives, and digital onboarding with data management.
• Sabivest Digital shareholder and investment management app that aggregates multiple investment products and services through a centralised dashboard, enabling investors to manage all shares on a single platform with real-time portfolio tracking, performance monitoring, asset allocation insights, e-dividend management, dividend tracking/notifications, historical dividend records, dividend recovery support, and access to a Sabivest investment community. Available on iOS and Android.
• Greenpole Enterprise Registrar Operating Solution that caters to data management and end-to-end operations of Registrars. Features open APIs for integration, data-driven analytics, robust application support framework, modular micro-services architecture, secured multi-tenant database, and eKYC-enabled capabilities. Available for demo booking by other registrars and capital market operators.
• e-AGM Portal Secure event management solution for organising physical and virtual corporate events including Annual General Meetings. Features live participation, self-registration and accreditation, video conferencing and live streaming, voting pads for resolutions, support for up to 1,000 video participants, immersive host controls, and role-based user permissions.

Quantifiable outcome

• 51.51% increase in pre-tax profit to N4.26 billion in 2025
• +6 more outcomes

Named customers19 records

Segments8 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Six partnerships are on record, tiered core.

• United Bank for Africa (UBA)coreStrategic or Co-development Partner · 15 February 2026Africa Prudential partnered with UBA on a diaspora banking and investment platform launched in February 2026. The platform aims to redirect Africa's $100 billion annual remittance flows toward structured investments, offering banking, investments, insurance, pensions, real estate, and healthcare services through a single integrated ecosystem.
• United Capital PlccoreStrategic or Co-development Partner · 15 February 2026United Capital joined Africa Prudential as an ecosystem partner in the UBA diaspora investment platform, providing asset management and investment services as part of the integrated financial ecosystem for diaspora investors.
• Heirs Insurance GroupcoreStrategic or Co-development Partner · 15 February 2026Heirs Insurance Group partnered with Africa Prudential on the UBA diaspora platform to provide insurance products including life, health, and property insurance to diaspora investors seeking comprehensive financial services.
• Afriland PropertiescoreStrategic or Co-development Partner · 15 February 2026Afriland Properties collaborated with Africa Prudential on the diaspora platform to offer real estate investment opportunities to Africans living abroad, integrated into the comprehensive financial ecosystem.
• Avon Healthcare LimitedcoreStrategic or Co-development Partner · 15 February 2026Avon Healthcare partnered with Africa Prudential on the UBA diaspora platform to provide healthcare financing and insurance solutions as part of the comprehensive financial ecosystem for diaspora investors.
• UBA PensionscoreStrategic or Co-development Partner · 15 February 2026UBA Pensions collaborated with Africa Prudential on the diaspora investment platform to offer pension products and retirement planning services to Africans globally.

Scale indicators23 records

Recent moves6 records

Expansion highlights6 records

Market position

Competitive moat6 records

Key highlights7 records

Customer concentration

• Xx.com/afriprud
• YouTubeyoutube.com/@africaprudential1358

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Africa Prudential