Abuja National Sports Complex Renovation
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Sports FCT — Abuja 11% target return

Abuja National Sports Complex Renovation

Modernisation of the main bowl, training facilities and commercial concessions for year-round sporting and entertainment events.

Raised so far
$3.8M
Funded
39%
Target return
11%
Duration
54mo
Investors
905
Min. entry
$50

Invest in Abuja National

Join 905 investors funding this build. Minimum $50, KYC in under 5 minutes.

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Overview

What you're funding

A renovation of the Abuja National Sports Complex into a multi-use venue for football, athletics, concerts and exhibitions. Revenue is generated from event-hosting fees, premium suites, naming rights and concession rentals under a management agreement with the Federal Ministry of Sports.

Project highlights

  • Management agreement with Federal Ministry of Sports
  • 60,000-seat main bowl with new LED lighting and WiFi
  • Olympic-standard athletics track and warm-up field
  • Premium hospitality lounges and 40 commercial kiosks
Roadmap

Project timeline

  1. Phase 1
    Due diligence & SPV setup
    Sep 2025
  2. Phase 2
    Capital raise open
    Now
  3. Phase 3
    Construction & deployment
    Q3 2026
  4. Phase 4
    Commissioning & first payout
    Q1 2027
Deal terms

Financial structure

Total project size
$9.8M
Target raise
$3.8M
Investor share
Senior debt, 11% APR
Payout cadence
Semi-annual
Risk factors

How we mitigate risk

  • Event volume risk mitigated by multi-year hosting contracts with NFF and NPFL.
  • Maintenance risk covered by a 10-year facilities management contract.
  • Revenue diversification through concerts, exhibitions and hospitality.
Partners & counterparties

Who's involved

Federal Ministry of Sports Nigeria Football Federation Julius Berger Deloitte (audit)
Investor calculator

Project your returns

Based on a target return of 11% APR over a 54-month tenor. Returns are contractual coupons, not guaranteed yields.

$
$50$50,000
Annual return
$110
11% of principal
Per quarterly payout
$28
18 payouts over tenor
Total over 54 mo
$495
Cumulative interest
Capital + returns
$1,495
Principal returned at maturity
Interactive projections

Charts update live as you adjust the investment amount.

· Stacked area shows your principal (stable) plus accumulating interest each quarter.· Over 54 months you hold 18 coupon periods.· Principal is returned at maturity, on top of cumulative coupons.

Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.

Capital stack

Where your slice sits

A breakdown of how this project is financed. Higher tranches are repaid first from project cash flows.

  • Diaspora senior debt← your tranche55%
  • Sponsor equity25%
  • Grant / concessional20%
Repayment waterfall: senior tranches receive scheduled coupons before subordinated tranches. Equity is last to be paid and first to absorb losses.
Use of funds

How the raise is deployed

Every dollar is allocated against a line item in the project budget, audited quarterly.

  • Main bowl renovation & seating32%
  • Track, pitch & lighting systems20%
  • Hospitality & commercial fit-out16%
  • Parking, access & security14%
  • Technology, WiFi & broadcast10%
  • Contingency & reserve8%
Deal team

The people running this project

Sponsor operators, the Endeleo trustee and the independent fiduciary safeguarding your capital.

Verified profiles
AO
Adaeze Okonkwo
Managing Trustee, Endeleo Capital

20+ years structuring infrastructure SPVs across West Africa. Former AfDB project finance.

IY
Engr. Ibrahim Yusuf
Sports Lead Sponsor

Operator with a 15-year track record delivering sports projects across Nigeria.

KA
Kemi Adewale
Independent Trustee

FRC-registered fiduciary overseeing cash waterfall, escrow controls and investor reporting.

Project updates

Live from the deal team

Every milestone, audit and operational change is published here before anywhere else.

  1. 12 Mar 2026Milestone

    Capital raise crosses 50% on schedule

    905 investors have committed to Abuja National Sports Complex Renovation. Construction tender opens next week as planned.

  2. 21 Feb 2026Operations

    EPC contractor selection complete

    Three pre-qualified contractors submitted bids. Selection panel includes our independent trustee and an external technical advisor.

  3. 05 Feb 2026Compliance

    Quarterly audit report published

    Big-four review of the SPV's escrow account and project accounts is now available in your data room.

Ask the deal team

Got a question about Abuja National?

Send it directly to the trustee. We reply within one business day.

Investor data room

Documents & agreements

Review the full Information Memorandum and sign the Investment Agreement to confirm your subscription. All documents are reference VST-ABUJA--2026.

SOC 2 · e-signature compliant

Information Memorandum

For review

Full disclosure pack for Abuja National Sports Complex Renovation: structure, financials, risks, partners and impact reporting.

PDF · 28 pagesUpdated 2 weeks ago

Investment Agreement

Sign to invest

SPV subscription agreement governing your investment, payouts and exit rights. Counter-signed by the trustee.

PDF · 14 pagesVersion 3.1

By signing the Investment Agreement you confirm you have read the Information Memorandum, understand the risks, and meet Endeleo's investor eligibility criteria. Electronic signatures are legally binding under the eIDAS Regulation and the US ESIGN Act.

FAQ

Questions investors ask

Who manages the venue after renovation?+

A specialist stadium operator will run day-to-day operations under a 10-year management contract with performance KPIs.

What revenue backs the payout?+

Event-hosting fees, premium suite leases, naming rights and concession rentals flow into a trustee-controlled revenue account.

Ready to back this project?

Join 905 investors already participating in Abuja National Sports Complex Renovation.