What this project will fund
Modernisation of the main bowl, training facilities and commercial concessions for year-round sporting and entertainment events.
A renovation of the Abuja National Sports Complex into a multi-use venue for football, athletics, concerts and exhibitions. Revenue is generated from event-hosting fees, premium suites, naming rights and concession rentals under a management agreement with the Federal Ministry of Sports.
Project highlights
- Management agreement with Federal Ministry of Sports
- 60,000-seat main bowl with new LED lighting and WiFi
- Olympic-standard athletics track and warm-up field
- Premium hospitality lounges and 40 commercial kiosks
Project phases
- Phase 1Due diligence & SPV setupUpcoming
- Phase 2Investor subscription opensUpcoming
- Phase 3Construction & deploymentUpcoming
- Phase 4Commissioning & first payoutUpcoming
Financial structure
- Total project size
- $9.8M
- Indicative raise
- $3.8M
- Investor share
- To be confirmed at launch
- Payout cadence
- Semi-annual
How we mitigate risk
- Event volume risk mitigated by multi-year hosting contracts with NFF and NPFL.
- Maintenance risk covered by a 10-year facilities management contract.
- Revenue diversification through concerts, exhibitions and hospitality.
Who we're in conversation with
The organisations below are being considered as partners and counterparties for this project. None of these relationships are finalised — they represent the shortlist we are actively engaging as the project moves toward launch.
Project your returns
Based on an illustrative return of 10% APR over a 54-month tenor. Final terms will be confirmed when subscription opens.
Charts update live as you adjust the investment amount.
Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.
Where your slice will sit
A breakdown of how this project is expected to be financed. Higher tranches are repaid first from project cash flows once distributions begin.
- Diaspora senior debt← your tranche55%
- Sponsor equity25%
- Grant / concessional20%
How the raise is deployed
Every dollar is allocated against a line item in the project budget, audited quarterly.
- Main bowl renovation & seating32%
- Track, pitch & lighting systems20%
- Hospitality & commercial fit-out16%
- Parking, access & security14%
- Technology, WiFi & broadcast10%
- Contingency & reserve8%
Questions investors ask
Who manages the venue after renovation?+
A specialist stadium operator will run day-to-day operations under a 10-year management contract with performance KPIs.
What revenue backs the payout?+
Event-hosting fees, premium suite leases, naming rights and concession rentals flow into a trustee-controlled revenue account.
Be first in line for Abuja National Sports Complex Renovation
This project is currently in development. Join the waitlist to be notified the moment investor subscription opens.