Blackrose
“Can an Africa-focused development and investment manager build regionally consequential low-carbon energy and infrastructure projects by pairing global institutional capital with local execution?”
HQNigeria
IndustryInvestment Management / Alternative Assets
The story
Blackrose is an Africa-focused alternative investments and development management firm headquartered in Nigeria, partnering with institutional investors to develop capital-intensive assets in energy transition, food security, sustainable infrastructure, and low-carbon chemicals. It is not a fintech or embedded finance company — it is an asset manager and project developer. Its financial regulation exposure comes indirectly via its 2023 investment in CBO Investment Management, a Nigerian SEC-regulated fund manager.
Last 12 months
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Product timeline
2021
Qua Iboe Export Hub established as low carbon special economic zone via Oil & Gas Free Zone Authority gazette· milestone
2021
IFC and Blackrose sign joint development agreement for 1.8M TPY low carbon methanol plant· partnership
2021
Blackrose granted license for 1.8M TPY low carbon methanol plant in Akwa Ibom· milestone
2022
Technip Energies & SPIE Nigeria selected as project management contractors for methanol project· partnership
2023
Blackrose acquires CBO Investment Management, a Nigerian SEC-regulated fund manager· acquisition
Acquisitions
The stack
0 layers disclosed in Blackrose’s embedded-finance stack
Accounting gap: none