African Foundries Ltd is a part of the African Industries Group (AIG) conglomerate that has been a significant contributor to Nigeria’s socio-economic growth and industrial development for over 52 years. Headquartered in Lagos, Nigeria, AIG is committed to uplifting the local community while adhering to a sustainable and inclusive business strategy. With approximately 35 modern manufacturing plants and facilities spread across Nigeria, AIG has created numerous employment opportunities, both direct and ancillary, for the local populace and global citizens. The group's dedication to operational excellence aligned with global standards has not only benefitted stakeholders but has also had a positive impact on the environment and society. The last investment received was a Venture Round in March 1, 2010, with funding from ⁄ascent. African Foundries Ltd's commitment to long-term employment generation and sustainable technology in manufacturing makes it a significant player in the industrial landscape of Nigeria.
| Funding Stage | Amount | No. Investors | Investors | Date |
|---|---|---|---|---|
| Venture Round | Unknown | 1 |
|
01 Mar 2010 |
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