Emerging Africa Group

What Emerging Africa Group does

Emerging Africa Group is a Lagos-based, privately held Pan-African financial services holding company structured around a platform of specialized subsidiaries. Its operating businesses span investment banking (Emerging Africa Capital Limited and EA Capital Advisory), asset management (EA Asset Management, running Money Market, Bond, Balanced Diversity, Eurobond, and Halal mutual funds), trust services (EA Trustees Limited), venture capital (EA Venture Capital), family office and wealth advisory (EA Family Office), microfinance banking (Treasures MFB), training (EA Capacity Building), and fintech (majority-owned Fundall, acquired October 2021 and positioned as Africa's first financial super-app). The Group serves corporates, high-net-worth individuals and families, SMEs, and individual investors across Nigeria and, via a Mauritius office in Ebene Cybercity, the broader African and cross-border market.

The Group earns revenue through a mix of professional services fees (investment banking advisory, trusteeship, family office), recurring management and performance fees on mutual funds (unit-based pricing with minimums of 5,000 units for Money Market and 10,000 units for most others), venture capital returns and management fees, microfinance interest income, and — at the Fundall level — emerging digital transaction and consumer fintech revenue. Distribution is sales-led through direct advisory teams and a subsidiary network, with content marketing (newsletters, The Emergent Journal) and the Toyin F. Sanni Foundation supporting top-of-funnel lead generation.

Operationally, the Group's footprint of five Nigerian offices plus Mauritius provides regional reach, while its talent base — largely drawn from United Capital Plc and other tier-one Nigerian institutions — and ESG-focused branding underpin its positioning. Headcount at the holding entity is reported as 1-10, but this understates the operating subsidiaries; financial scale remains undisclosed beyond the marketing claim of $1bn in capital raised for clients by January 2022.

Name

Emerging Africa Group

Legal name

Emerging Africa Group

Website

https://emergingafricagroup.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

101–250 employees

Short description

Emerging Africa Group is a Lagos-based Pan-African financial services holding company offering investment banking, asset management, trust, venture capital, family office, microfinance, and fintech services to corporates, high-net-worth individuals, SMEs, and individual investors across Nigeria and Mauritius.

Ownership category

akta.pro rank

Product category

Investment Banking and Asset Management

NAICS

Open-End Investment Funds (525910), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Corporate International / Emerging Markets CVC (FSANAHAM)

akta.pro secondary industries

Financial Inclusion & Consumer Empowerment (Banking Access, Credit Building) (BPAGALAJ), SME, Microfinance & Financial Inclusion Facilities (BPADACAI)

Keywords

• Investment banking services
• Asset management
• Wealth management
• Trust services
• Microfinance banking

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices6 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Investment Banking and Advisory Fees: Revenue generated from capital markets advisory, investment banking services, and financial advisory for clients across Africa. The Group provides expert financial advisory through EA Capital Advisory.
2. Asset Management: Management fees and performance fees from managing mutual funds including Money Market Fund, Bond Fund, Balanced Diversity Fund, Eurobond Fund, and Halal Fund through EA Asset Management.
3. Trust Services: Revenue from corporate and private trust services, estate planning, and trustee services through EA Trustees Limited.
4. Venture Capital: Investment returns and management fees from venture capital investments through EA Venture Capital, including investments in fintech startups like Fundall.
5. Family Office Services: Wealth management, investment advisory, and lifestyle management services for high-net-worth individuals and families.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Emerging Africa Group is the parent company of a Pan-African investment and financial services group that delivers investment banking, capital markets advisory, asset management (mutual funds), trust and estate services, venture capital, family office wealth management, microfinance banking, and a fintech super-app through its subsidiaries. The Group serves corporates, high-net-worth individuals, SMEs, and individual investors across Nigeria and the broader African market with ESG-focused financing and investing solutions.

Product overview

Emerging Africa Group is a Pan-African investments and financial services group structured as a platform of specialized subsidiaries. The group operates through its core subsidiaries including Emerging Africa Capital Limited (investment banking), EA Capital Advisory (financial advisory), EA Trustees Limited (trust services), EA Asset Management (mutual fund management offering EA Money Market Fund, EA Bond Fund, EA Balanced Diversity Fund, EA Eurobond Fund, and EA Halal Fund), EA Capacity Building (human capital development), EA Venture Capital, EA Family Office (wealth management), Fundall (acquired fintech developing Africa's first financial super-app), Treasures MFB (microfinance bank), and NCNR. The group bridges Africa's access to finance gap through ESG-focused financing and investing solutions.

Differentiator

Problem solved

Functional benefit

Brands

• EAAML Funds: Mutual funds including Money Market Fund, Bond Fund, Balanced Diversity Fund, Eurobond Fund, and Halal Fund
• EA Family Office
• Fundall
• Treasures MFB

Products and services

• Fundall A digital financial super-app providing integrated financial services to African consumers, majority-owned by Emerging Africa Group following the October 2021 acquisition.
• EA Money Market Fund A money market mutual fund managed by EA Asset Management offering liquidity with a reported yield of 16.29% and a minimum initial investment of 5,000 units at N1 per unit. Targeted at individual and institutional investors seeking short-term money market returns.
• EA Bond Fund A bond-focused mutual fund managed by EA Asset Management with a minimum initial investment of 10,000 units at the prevailing offer price per unit and minimum subsequent investments in multiples of 10,000 units. Targeted at investors seeking fixed-income exposure.
• EA Balanced Diversity Fund A balanced mutual fund managed by EA Asset Management offering diversification across asset classes, with a minimum initial investment of 10,000 units at the prevailing offer price per unit and minimum subsequent investments in multiples of 10,000 units.
• EA Eurobond Fund An international bond mutual fund managed by EA Asset Management that enables foreign investors to access Nigerian securities, with a minimum initial investment of 5 units at the prevailing offer price per unit and minimum subsequent investments in multiples of 10 units.
• EA Halal Fund A Sharia-compliant Islamic finance mutual fund managed by EA Asset Management, designed for investors seeking halal investment opportunities aligned with Islamic finance principles.
• EA Capital Advisory Services Financial advisory services delivered by EA Capital Advisory Limited, helping clients access real investment opportunities backed by expert financial guidance, primarily targeting corporates, institutional investors, and high-net-worth individuals.
• EA Family Office Services Wealth management, investment advisory, estate planning, philanthropy management, and lifestyle management services for high-net-worth individuals and families, delivered through EA Family Office.
• EA Trustees Services Corporate and private trust services, estate planning, trust administration, and will preparation delivered through EA Trustees Limited for individuals, families, and corporate clients.
• EA Venture Capital Investments Venture capital investment services delivered by EA Venture Capital, providing equity capital to early-stage and growth-stage African businesses.
• Treasures Microfinance Bank (Treasures MFB) Microfinance banking services delivered to individuals and small businesses through the Treasures MFB branch in Lekki Phase 1, Lagos, supporting financial inclusion and SME lending.
• EA Capacity Building Services Human capital development, education, and professional development services delivered by EA Capacity Building Limited to support workforce capability across the financial services value chain.

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Treasures Microfinance BankcoreChannel Partner/ Reseller/ DistributorTreasures Microfinance Bank is a subsidiary of Emerging Africa Group focused on providing microfinance services to underserved communities. Located at Lekki Phase 1, Lagos, it serves as a key channel for financial inclusion and SME lending.

Scale indicators3 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• United Capital Plc: Nigerian capital markets, asset management, trustees and investment banking group where founder/CEO Toyin Sanni previously served as Group CEO. Most directly comparable multi-subsidiary Nigerian financial services platform with mutual funds, trustees, IB and wealth offerings.
• Asset & Resource Management Company (ARM): One of Nigeria's largest independent asset/wealth managers with mutual funds, institutional asset management and Pensions — directly comparable asset management arm competing for the same Nigerian retail and institutional AUM as EAAML.
• Cardinalstone Capital: Nigerian asset management, investment banking and real estate investment platform — directly comparable combined asset management and capital markets advisory offering targeting institutional and HNW clients in Nigeria.
• Vetiva Capital Management: Nigerian investment banking and asset management firm — Fundall founder Kolapo Joseph previously led the project/infrastructure franchise at United Capital, not Vetiva, but Vetiva is a directly competing capital markets advisory and securities firm in Nigeria.
• Coronation Group: Pan-African investment group with asset management, securities and advisory businesses across multiple African markets. Comparable multi-subsidiary structure serving institutional and HNW clients in emerging Africa.

Broad incumbents

• Renaissance Capital: Emerging-markets investment bank with deep Africa equity research and advisory presence — competes for the same cross-border African advisory and capital-raising mandates that EA Capital Advisory targets.
• Stanbic IBTC Holdings: Large integrated Nigerian financial services group offering investment banking, asset management, trustees and pension fund administration — broader incumbent with overlapping functions across the capital markets value chain.
• FBNQuest (FBN Holdings): Merchant banking, asset management, trustees and securities arm of FBN Holdings — large incumbent offering many of the same services as Emerging Africa Group but as part of a much larger bank-led platform.

Emerging players

• Mediterrania Capital Partners: Pan-African PE firm targeting mid-market growth companies in North and Sub-Saharan Africa — emerging private capital competitor overlapping with EA Venture Capital and EA Capital Advisory deal flow.
• Verod Capital: Pan-African private equity and venture capital firm focused on growth-stage businesses in West Africa — emerging manager that overlaps with EA Venture Capital and where Toni Sanni (EA Capital Advisory Acting MD) previously worked.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/emerging-africa-group
• Xx.com/eacapitalgroup

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

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

M&A1 record

Investments

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

Frequently asked questions about Emerging Africa Group