Obudu Eco-Tourism & Resort Upgrade
Sustainable upgrade of the Obudu Cattle Ranch with eco-lodges, cable car and adventure tourism infrastructure.
Invest in Obudu Eco-Tourism
Join 638 investors funding this build. Minimum $50, KYC in under 5 minutes.
What you're funding
A phased refurbishment of the Obudu Cattle Ranch highland resort into a year-round eco-tourism destination. Revenue comes from lodge bookings, cable-car tickets, guided trekking and conference facilities. The project is structured as a concession from the Cross River State Tourism Commission.
Project highlights
- 25-year concession from Cross River State Tourism Commission
- 45 eco-lodges and a 120-seat mountain restaurant
- Refurbished cable car and zip-line adventure circuit
- UNDP-backed sustainability and biodiversity plan
Project timeline
- Phase 1Due diligence & SPV setupFeb 2026
- Phase 2Capital raise openNow
- Phase 3Construction & deploymentQ3 2026
- Phase 4Commissioning & first payoutQ1 2027
Financial structure
- Total project size
- $5.3M
- Target raise
- $2.7M
- Investor share
- Revenue share, 13% target
- Payout cadence
- Quarterly
How we mitigate risk
- Seasonality risk mitigated by year-round programming and conference sales.
- Access risk addressed via refurbished access road and helicopter shuttle partnerships.
- Environmental risk managed through strict carrying limits and UNESCO guidelines.
Who's involved
Project your returns
Based on a target return of 13% APR over a 42-month tenor. Returns are contractual coupons, not guaranteed yields.
Charts update live as you adjust the investment amount.
Illustrative only. Actual returns depend on project performance and the SPV's cash waterfall.
Where your slice sits
A breakdown of how this project is financed. Higher tranches are repaid first from project cash flows.
- Senior debt (banks)55%
- Mezzanine20%
- Diaspora junior tranche← your tranche18%
- Sponsor equity7%
How the raise is deployed
Every dollar is allocated against a line item in the project budget, audited quarterly.
- Eco-lodges & restaurant28%
- Cable car & adventure works24%
- Road & utilities upgrade18%
- Conservation & landscaping12%
- Marketing & booking systems10%
- Contingency & working capital8%
The people running this project
Sponsor operators, the Endeleo trustee and the independent fiduciary safeguarding your capital.
20+ years structuring infrastructure SPVs across West Africa. Former AfDB project finance.
Operator with a 15-year track record delivering tourism projects across Nigeria.
FRC-registered fiduciary overseeing cash waterfall, escrow controls and investor reporting.
Live from the deal team
Every milestone, audit and operational change is published here before anywhere else.
- 12 Mar 2026Milestone
Capital raise crosses 50% on schedule
638 investors have committed to Obudu Eco-Tourism & Resort Upgrade. Construction tender opens next week as planned.
- 21 Feb 2026Operations
EPC contractor selection complete
Three pre-qualified contractors submitted bids. Selection panel includes our independent trustee and an external technical advisor.
- 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.
Got a question about Obudu Eco-Tourism?
Send it directly to the trustee. We reply within one business day.
Documents & agreements
Review the full Information Memorandum and sign the Investment Agreement to confirm your subscription. All documents are reference VST-OBUDU--2026.
Information Memorandum
For reviewFull disclosure pack for Obudu Eco-Tourism & Resort Upgrade: structure, financials, risks, partners and impact reporting.
Investment Agreement
Sign to investSPV subscription agreement governing your investment, payouts and exit rights. Counter-signed by the trustee.
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.
Questions investors ask
How does tourism generate returns?+
Investors receive a quarterly revenue share from all lodge, cable-car, food and adventure bookings after operating costs and reserves.
Is the project environmentally safe?+
Yes — a carrying-capacity study limits visitor numbers, and 3,200 hectares are under conservation covenant with UNDP oversight.
Ready to back this project?
Join 638 investors already participating in Obudu Eco-Tourism & Resort Upgrade.