adsOjaja Pan Africa Limited (Ojaja) is targeting to raise up to N25 billion from the issuance of it series 1, 2 & 3 Commercial Paper (CP).
Ojaja Pan Africa Limited is a leading Pan-African conglomerate with diversified interests spanning agriculture, real estate, mining, hospitality, retail, and construction.
The Commercial Paper issuance which closes on Friday, May 22 is under its N100 billion Commercial Paper Issuance Programme.
Proceeds from the Offer will be used to support the Company’s working capital requirements, particularly towards aggregating, trading, and exporting cocoa through Ojaja Pan Africa Cocoa, as well as expanding its established retail chain, Ojaja More.
Ojaja maintains a strong financial position, with total assets exceeding N98 billion and shareholders’ funds above N22 billion. Related News Togo liberalises visa regime for Africans after AfCFTA chair criticism Police arrest 149 suspected thugs in fresh crackdown on ‘Daba’ violence in Kano FG scales foundational learning programme across 15 states to tackle learning poverty adsads
