SOLIVEST Information

Access to traditional financing has become increasingly challenging, therefore companies are winding down due to limited capital. Even when capital is available, there is lack of collateral to access them. Over 60% of businesses struggling to raise capital for their business operations. This has resulted in the closing of about 100 companies in Nigeria alone. On the part of majority of Africa’s population, there is a high barrier of entry into high yield investment portfolios, leading to limited opportunities and subsequently increasing poverty among the people. In addition to this, there is very limited education on investing, hence, investing has become an exclusive game of the elite. Over 33% in Africa, an approximate 462million people live below poverty line in 2023 according to the World Bank. Furthermore, Africa has a wide range of untapped potential in high yield sectors. These sectors include but not limited to, the Real Estate and the Agricultural sectors. These sectors are a potential trillion-dollar market untapped, presenting an excellent investment opportunity. The real estate industry is projected to grow from USD$2.09T to USD$3.02T, creating a USD$930B market to fill. In the same vein, Nigerians spent N22.8T on Food in 2019 (56.7% of total household expenditure). Africa’s agribusiness sector is projected to reach USD$1T by 2025, according to PWC (2020). These and more, are the challenges that SOLIVEST is here to solve through fractional investing.