Lagos, Nigeria based MBO Capital has selected technology provider eFront's Frontinvest solution to support the establishment of an investment platform for alternative investments.
Lagos, Nigeria based MBO Capital has selected technology provider eFront’s Frontinvest solution to support the establishment of an investment platform for alternative investments.
FrontInvest facilitates management of both investors and investments, as well as providing portfolio management and monitoring.
eFront has previously implemented its solution with South African investment organisations, which it said is now opening up doors in other African markets.
Jide Ogundare, CEO of MBO Capital, said: “We are dedicated to supporting local entrepreneurs and businesses with expertise, as well as capital. Our goal is to help them become more efficient and profitable. Given these priorities, it was clear that eFront would be the perfect partner for us. Managing our fund with eFront conveys to our investors and partners our commitment to transparency, effective communication, and the highest degree of trust.”
