Innovative and ambitious, we don’t rely on precedents rather, we set new ones.

ARM-Harith’s specialist knowledge is firmly focused on building impactful African infrastructure projects that balance the pursuit of profit with creating lasting value for our investors, stakeholders, communities, and the environment. 

Set-up in 2013, ARM-Harith closed its first fund – ARM-Harith Investment Fund-I (ARMHIF -I) in 2015 as the first Infrastructure Equity Fund to be registered by the Nigerian Securities & Exchange Commission (under the commission’s then newly-released Infrastructure Fund Rules).
Our current fund is ARM-Harith Investment Fund II, which targets a $300 million fund size.

ARM-Harith manages capital from Nigerian Pension Funds, Development Finance Institutions, Family Offices and commitments from ARM and Harith.

At ARM-Harith, we envision a future where infrastructure becomes a catalyst for prosperity in West Africa. Together, we are committed to pioneering sustainable solutions that not only connect communities but also leave a lasting positive impact on economies and lives.

Rachel More-Oshodi

CEO of ARM-Harith

Unveiling the Power of ARM-Harith's Joint Venture


Established in 1994 as an asset management firm, ARM offers wealth creation opportunities through a unique blend of traditional asset management and alternative investment services. Throughout their history, ARM has strategically positioned themselves to take advantage of growth opportunities within Africa, and major international markets, on behalf of their clients.

A disciplined and consistent approach to investment management has enabled them to maintain long-term relationships with clients, whilst attracting and retaining good people.

ARM currently manages over US$2.7bn of assets, has an AA rating from Agusto and Co., and is rated amongst the best asset management firms in Nigeria.

Regulated by the Nigerian Securities and Exchange Commission (SEC), ARM is headquartered in Lagos, Nigeria, with offices across the country.


Harith is a leading Pan-African fund manager for infrastructure development. The team is responsible for managing Africa’s first 15-year US$630m infrastructure fund, the Pan African Infrastructure Development Fund (PAIDF 1), and a second fund – the US$435m PAIDF2.

The firm is one of the largest investors in African infrastructure, with a long track record of value creation across the continent. Since its establishment over a decade ago, Harith has become a trusted partner, attracting major African infrastructure project sponsors and developers needing funding and expertise.

This status is thanks to their track record of successfully executing complex mega infrastructure projects, strong institutional culture, and work grounded in ethical conduct, and excellent corporate governance. Harith’s partners include some of the largest development finance institutions and banks investing in South Africa and the rest of Africa.

OUR Partners

Our partnerships with esteemed organizations enable us to leverage expertise, resources, and innovation to create positive impact in West Africa and beyond. Meet our valued partners who share our vision and contribute to building strong economies and lasting prosperity.

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