Sovereign wealth fund
Nigerian Sovereign Investment Authority (NSIA)
The Nigerian Sovereign Investment Authority (NSIA) is a state-owned investment institution established by an Act of the National Assembly in 2011 to manage Nigeria’s sovereign wealth fund. Headquartered in Abuja, Nigeria, NSIA is mandated to build a savings base for future generations, provide stabilisation support in times of economic stress, and invest in critical infrastructure. NSIA allocates capital to private equity and venture capital funds both locally and internationally, with a focus on generating long-term returns while catalysing domestic development. The Authority operates through three distinct funds: the Stabilisation Fund, the Future Generations Fund, and the Nigeria Infrastructure Fund. NSIA requires its fund managers to demonstrate sound ESG practices and alignment with its developmental objectives.
Investment focus
- Sectors
- Agriculture and foodHealthcareFinancial servicesTechnologyInfrastructureSMEsEnergy and power
- Stages and strategies
- SeedGrowthFund investmentsProject financeBuyout
- Regions
- Northern Africa, Eastern Africa, Western Africa, Central Africa, Southern Africa
Fund commitments
- Uhuru Growth Fund I
- Z Capital Fund III
- Cardinalstone Capital Advisers Growth Fund I
- African Infrastructure Investment Fund III (AIIM)
- Z Capital Fund II
- Ventures Platform Fund IV
- Infrastructure Climate Resilient Fund (ICRF)
- Xenon Private Equity VI
- Nigeria Solidarity Support Fund
- NSIA-JICA Impact Innovation Fund
- Ingressive Capital Fund I
- Verod Capital Growth Fund II
- Africa50 Infrastructure Acceleration Fund I (IAF I)
- Fund for Agricultural Finance in Nigeria (FAFIN)
- Verod Capital Growth Fund III
Sources
- Partner Researchers, accessed 14 November 2026
- https://punchng.com/nsia-jica-sign-50m-innovation-deal/#:~:text=%E2%80%9CI%20understand%20that%20since%20the%20signing%20of,pipeline%20of%20high%2Dimpact%20startups%20ready%20for%20investment., punchng.com. Accessed 14 November 2026.
- https://www.africa50.com/media/news/article/an-african-first-africa50-infrastructure-acceleration-fund-achieves-first-close-securing-2225-million-primarily-from-african-institutional-investors/, www.africa50.com. Accessed 14 November 2026.