International Investor Award Winner
Dunn Loren Merrifield
DLM is a developmental investment bank that provides innovative solutions to economic development projects. Since our inception, we have concentrated on creating markets, products and long-term financing solutions for the Nigerian financial markets.
Structured finance and securitisation transactions are DLM’s specialities. We have acted as sole arranger to more than 90% of the structured finance and securitisation transactions in Nigeria’s capital markets.
DLM was also instrumental to the creation of the Development Bank of Nigeria (DBN), an institution designed to provide intermediary financing and guarantees to commercial banks, micro-finance banks and finance companies for on-lending to MSMEs and SMEs. The goal of the institution is to help grow sustainable businesses and create jobs for Nigerians.
We have also been mandated to set up Micro-Finance Bank Funding, a wholesale aggregation funding vehicle to fund various MFBs using Asset Backed Commercial Paper technology. This technology has also been extended to vehicle financing.
Our latest project is the set-up of the $1billion capitalised development finance institution known as AEICORP – Africa Energy Investment Corporation. The institution is currently owned by 14 African countries.