DEAP Capital Receives N1.0 Billion Investment from Banklink Africa for Expansion

DEAP Capital Management Trust PLC has disclosed the receipt of N1.0 billion in equity investment from Banklink Africa Private Equity Limited. The investment, announced on February 10, 2026, is intended to support DEAP Capital's capital expansion and operational realignment with its new strategies.

Dr. Kenneth Olis, the Chairman of DEAP Capital, highlighted the investment as a crucial step in the company's recapitalization strategy.

DEAP Capital, listed on the Nigerian Stock Exchange since December 17, 2007, operates as a fund management company in Nigeria, with activities in the capital market, mortgage bank, and oil and gas sectors. The recent N1.0 billion injection is seen as a critical move for DEAP Capital to meet regulatory requirements to venture into the mining finance space.

The company's financial report for the year ending September 2025, published in December, showed a pre-tax loss of N28.8 million. The share price of DEAP Capital stood at N9.07 per share as of midday on February 11, 2026, reflecting a 10% intraday gain compared to the previous day's closing price.