Our impact in action: Case studies
At Excellence Capital, we partner with visionary projects to turn ambitious plans into tangible successes. Explore how our strategic capital raising expertise has powered groundbreaking initiatives, driving growth and delivering lasting value.
The Red Line: Connecting a vibrant city
The Lagos Red Line stands as a testament to transformative infrastructure. This heavy rail service, a critical part of the Lagos Rail Mass Transit initiative by LAMATA, links Marina to Agbado, sharing its route with the Lagos–Kano Standard Gauge Railway. Envisioned to span 37 km, this multi-phase project, constructed by CCECC, aims to revolutionise urban mobility in Nigeria's bustling capital.
Navigating complexity: Engineering a financial roadmap
Initiated in 2008 with construction officially commencing in 2021, the Red Line project presented significant financial and logistical challenges, with estimated costs around $135 million. Excellence Capital played a pivotal role in securing the substantial capital required for this intricate infrastructure development. Our expertise ensured the financial viability and strategic funding necessary to bring this ambitious vision to fruition, from the acquisition of Talgo VIII and Intercity 125 High-Speed Trains to the meticulous refurbishment process.
Impact delivered: A new era of urban transit
The successful financial structuring supported by Excellence Capital culminated in the ceremonial inauguration of the Red Line on February 29, 2024, with regular passenger service from Agbado to Oyingbo beginning on October 15, 2024. This 27 km first phase, featuring 8 stations and equipped with Diesel Multiple Units (DMUs), significantly reduces travel times and eases road congestion, fostering economic growth and improving daily life for millions. The ongoing second phase will further extend connectivity, showcasing a blueprint for sustainable urban development and demonstrating how Excellence Capital transforms complex visions into funded realities.