General Information
Notice/Contract Number:
iDICE/CON2/006
Create/Change Date:
2026-04-28 00:00:00
Deadline:
2026-05-11 15:00:00
Original Language:
English
Procurement Method:
National procurement
Notice Type:
Request for Expressions of Interest
Eligibility of Bidders:
i. Must possess at least five (5) years of cognate track record, must have evidence of creative sector related investments in its portfolio in the last 5 years
ii. Must have evidence of creative sector related investments in its portfolio in the last 5 years.
iii. Consultant must demonstrate creative sector investment track record in Nigerian creative enterprises with at least one value unlocking example.
iv. Development of specific metrics to measure the "cultural capital" and social impact generated by creative sector investments, alongside traditional financial returns.
v. Verifiable pipeline of potential investee companies across Nigeria, including evidence of creative sector deal flow experience.
vi. Methodology should include creative sector investment phases that identify high conviction sub sectors and explains competitive edge.
vii. Must be able to identify emerging trends in the creative sector landscape in Nigeria.
viii. Specialized expertise in valuing intangible assets such as Intellectual property within the Nigerian creative sector.
ix. Shortlisted firms are now explicitly encouraged to resubmit their interest as Joint Ventures or formal Consortia with external partners.
x. Strong Joint Venture arrangement with proof of established network that demonstrate creative sector expertise and fund administration.
xi. Demonstrable value-addition capabilities concerning portfolio investments.
xii. Must demonstrate a track record of:
• Equity/quasi-equity Venture Capital (VC) fund structuring and setup in the last 5 years
• Capital raise and equity fund management specific to the creative sector in the last 5 years.
• Proof of existing network with VC traditional investors in the creative sector.
• Managing large VC Funds with evidence of achieving positive financial return and development impact in the creative sector in the last 5 years.
xiii. Experience in the Nigeria/Sub-Saharan VC and Creative sector, including partnerships with start-ups, active Enterprise Support Organizations.
xiv. Evidence of a strong operational Fund Management team with an understanding of the Nigerian creative sector investment segment, including experienced investment and middle- and back-office staff and policies and procedures that are aligned with international best practice.
xv. Must be willing to invest at least 2% of Total Capitalization towards the Total Capital Pool required for investment in the assigned Fund.
xvi. Must possess existing relationships and network with relevant local and international industry players within the creative sector.
xvii. Expertise in the structural drivers of the Nigerian creative sector and the ability to bridge the gap between creative output and institutional equity investment will be considered a significant advantage.
xviii. Must possess a clear geographic understanding of the various states and the 6 geopolitical zones as well as the funding landscape in the respective zones.
xix. Strong knowledge of sub-national creative industry initiatives across all six geopolitical zones in Nigeria to ensure fund activities align with local economic interventions.
xx. Must demonstrate capacity and resources to implement an ESMS and sound understanding of climate change from a national policy perspective.
xxi. Ability to effectively profile the opportunity sphere across all 36 states and the FCT. The Fund Manager should be available to coordinate and direct requests for funding from interested businesses throughout the country.
xxii. Firm must demonstrate capacity to implement capacity building programme for business advisory to build fund investee pipeline and de-risking portfolio (Creative Start-ups)
Financial and Tax Requirements
1. Confirmation of financial capacity of the company (3 years audited statement of accounts and financial summary).
2. Evidence of VAT Registration and Company Tax Clearance Certificates for the last 3 years.
Firms that are registered outside Nigeria shall submit relevant legal and compliance documents as applicable to their countries of jurisdiction.
CPVs
Categories
Contact Information
Address:
Bank of Industry Building, 23 Marina Road, Lagos Island, Lagos, Nigeria.
Lagos
Nigeria
Phone:
(+234) 08031557468
Web Site:
http://www.boi.ng
Original Text
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Please note that this notice is for your information only.
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459 KB
2026-04-28 08:52:29
284 KB
2026-04-28 08:54:22
1
draft
pkeshinro@boi.ng
2026-04-28 08:49:49
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published
pkeshinro@boi.ng
2026-04-28 09:12:03
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