Zeitec Investment Office - Aces Case Study

[data-wf-bgvideo-fallback-img] { display: none; } @media (prefers-reduced-motion: reduce) { [data-wf-bgvideo-fallback-img] { position: absolute; z-index: -100; display: inline-block; height: 100%; width: 100%; object-fit: cover; } }

ACES in action:
NASENI case study

Nigeria’s Voluntary Carbon Market Activity is still nascent and resumed to small scale operation as of today. From conception. To advisory and structure we worked with NASENI (National Agency for Science, Engineering and Infrastructure) to create Africa’s first integrated carbon credit ecosystem.

Creating an integrated carbon ecosystem with NASENI

Over the past three decades since its establishment, the National Agency for Science and Engineering Infrastructure (NASENI) has played a significant role, particularly in the field of capital goods, research, production, and reverse engineering in Nigeria. Today the aim to use those resources with a focus on supporting Nigeria reach Net Zero. Working collaboratinvely we worked with experts to create ZeCo (Zero Carbon), the carbon ecosystem set to achieve a greener future in Africa.

The Process

ZeCo by NASENI aims to incentivise international investors to co-invest in Nigerian ventures with carbon credit exposure.

Advisory: NASENI approach use with one challenge - how do we create a productive carbon ecosystem in African that is valuable, credible and intelligent. We started with consultation, understanding limitation and opportunities and customising ACES for Nigeria.

Planning: From the creation of ZeCo to creating opportunities for investment we created the foundation for NASENI to establish itself as a leader in the space.

Implementation: (Cop 29) - Following the launch of ZeCo project NASENI had signed an MOU with the Canadian government, and co-invested with 5 major international investors.

Long Term Value

Generate over

jobs by 2030 through focused technology knowledge transfer to 300K+ SMEs

Reduce import bill by

25%

to $34.7bn by 2030 through partnerships to locally manufacture top 10 items.

Increase export to N53.6 trillion. By 2030 through Value addition and strategic partnership to foreign markets.

Lift 2.5 million people out of Poverty

Short Term Value

Identify and invest in local champion with the potential to produce product and services locally with a clear decarbonisation outcome.

Scale those local champion and scale their direct and indirect ecosystem to build green industries around them.

Generate dollar based revenue through the sell of carbon credit to international corporates or countries that have committed to reach NET ZERO