PRESS RELEASE
8 April 2026

UUBO Advises The International Finance Corporation On Its Provision Of A US$45 Million Financing Package To IPT PowerTech

UU
Udo Udoma & Belo-Osagie

Contributor

Founded in 1983, Udo Udoma & Belo-Osagie is a multi-specialisation full service corporate and commercial law firm with offices in Nigeria’s key commercial centres. The firm’s corporate practice is supported by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services and our sub-firm, U-Law which caters exclusively to entrepreneurs, MSMEs, startups, and growth businesses across several industries, including the FinTech industry. It is designed as a one-stop-shop for all basic business-related legal needs, providing high-quality support in a simplified and straightforward manner at super competitive prices. We are privileged to work with diverse local and international clients to create and implement innovative practical solutions that facilitate business in Nigeria and beyond. When required, we are well-placed to work across Africa with a select network of leading African and international law firms with whom we enjoy established relationships.
Udo Udoma & Belo-Osagie has advised the International Finance Corporation on its provision of a US$45 million financing package to IPT PowerTech...
Nigeria

Udo Udoma & Belo-Osagie has advised the International Finance Corporation on its provision of a US$45 million financing package to IPT PowerTech, a leading telecom energy services company operating across Africa, including Nigeria, and the Middle East.

The financing will support the expansion of IPT Powertech's telecom energy services activities in Ethiopia, Liberia and Sierra Leone, enhancing access to reliable and cleaner power solutions for telecom networks.

This investment represents IFC's first direct infrastructure engagement in Liberia in a decade and in Sierra Leone in six years.

The Udo Udoma & Belo-Osagie team was led by Banking and Finance Partner, Joseph Eimunjeze, with key support from Senior Associate Chisom Okolie and Associates Anjolaoluwa Shittu and Chinenye Okoro.

Contributor

Founded in 1983, Udo Udoma & Belo-Osagie is a multi-specialisation full service corporate and commercial law firm with offices in Nigeria’s key commercial centres. The firm’s corporate practice is supported by a company secretarial department, Alsec Nominees Limited, which provides a full range of company secretarial services and our sub-firm, U-Law which caters exclusively to entrepreneurs, MSMEs, startups, and growth businesses across several industries, including the FinTech industry. It is designed as a one-stop-shop for all basic business-related legal needs, providing high-quality support in a simplified and straightforward manner at super competitive prices. We are privileged to work with diverse local and international clients to create and implement innovative practical solutions that facilitate business in Nigeria and beyond. When required, we are well-placed to work across Africa with a select network of leading African and international law firms with whom we enjoy established relationships.

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