DEAP Capital Management & Trust Plc has formalised a strategic Memorandum of Understanding (MoU) with Banklink Africa Fund II to kick-start a continent-wide minerals and metals financing initiative that aims to unlock investment and capital for mining and metals projects across Africa.
Under the agreement, the firms will collaborate to provide bespoke financing solutions, advisory services, and capital-structuring support to operators across Africa’s critical minerals and metals value chain, including segments linked to digitisation, renewable energy transitions, industrial manufacturing and advanced technologies.
The MoU is expected to bolster DEAP Capital’s institutional capacity, attract fresh capital injection, and position the firm as a finance partner of choice for sustainable and bankable mineral projects in Nigeria and broader African markets. Company executives described the pact as a defining milestone in strengthening access to global capital for the continent’s resource-rich industries.
By supporting capital mobilisation and innovative financing structures, the initiative seeks to help African minerals and metals sectors better integrate into global supply chains and accelerate project development across key resource-rich regions.