Nova Lumos Netherlands Holding B.V. (Lumos)

Nigeria Infrastructure

Nova Lumos Netherlands Holding B.V. (“Lumos”) sells residential off-grid rooftop solar electricity generation systems, which are capable of powering lights and a range of DC appliances including phone chargers, small televisions and fans.

We are invested in Nova Lumos Netherlands Holding B.V. (Lumos) through Pembani Remgro Infrastructure Mauritius Fund I LP, which is managed by Pembani Remgro MU GP Limited. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
Africa, West Africa
Countries:
Nigeria
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Infrastructure
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Pembani Remgro Infrastructure Mauritius Fund I LP
Fund Manager:
Pembani Remgro MU GP Limited
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
November 2016
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Netherlands