In a groundbreaking move, Optiva Capital Partners Limited, a leading investment immigration wealth management company, has launched Diaspora Investor Direct Investment (DIDI), a new product aimed at harnessing the investment potential of Nigerians living abroad. This launch marks a significant step in mobilizing the substantial diaspora funds for Nigeria’s development.
At a media event in Lagos, Optiva Capital’s Chairman, Mr. Franklin Nechi, unveiled the DIDI initiative, emphasizing its alignment with the company’s mission to protect, grow, enhance, and optimize wealth for investors. DIDI is designed to address the concerns of Nigerians overseas who are hesitant to remit funds for investment due to fears of fraud or mismanagement by third parties.
Nigeria’s diaspora funds, ranked among the top five globally, are estimated at about $100 billion per annum. Optiva Capital aims to channel at least 5% of these funds, approximately $5 billion, into productive investments within Nigeria. This ambitious target is set to significantly impact the country’s economic landscape, leveraging the company’s infrastructure and wealth management expertise.
The DIDI initiative will facilitate various investment opportunities, ranging from property development to setting up businesses like farms and cottage factories. Optiva Capital’s role will encompass the entire investment process, including land acquisition, title registration, and business setup, ensuring a seamless experience for diaspora investors.
Nechi highlighted that Optiva Capital’s approach includes bridging the trust gap and managing the risks associated with repatriating funds for investments. The company’s structures are tailored to provide end-to-end business management for Nigerians abroad, offering a comprehensive solution that addresses the complexities of investing from afar.
In line with its commitment to expanding its services, Optiva Capital also announced a national partnership agreement with Polaris Bank Limited. This collaboration will extend Optiva Capital’s reach, offering its investment immigration, wealth management, and insurance products to Polaris Bank’s ultra-high-net-worth clients.
The partnership with Polaris Bank is a crucial step in broadening Optiva Capital’s client base and propagating its services to a wider audience. It represents a strategic alignment of interests between a leading financial institution and a foremost investment management company.
Optiva Capital’s growth and success can be attributed to its strategic partnerships with reputable global institutions, such as Stuart Financial, Green and Spiegel, and Anchor Capital, among others. These alliances have enabled the company to offer a diverse range of investment opportunities and services to its clients.
Since its inception, Optiva Capital has demonstrated a consistent commitment to excellence, collaboration, and professionalism. Starting with a modest staff strength of 15 in 2017, the company has now expanded to over 1,000 employees, with 17 branches across Nigeria and plans for further expansion.
The company’s core values of service, professionalism, collaboration, and excellence have been integral to its success. Its approach to premium product innovation and reputable global partnerships has created a winning formula that appeals to investment-savvy Nigerians both at home and in the diaspora.
Optiva Capital’s launch of DIDI is a testament to its innovative spirit and dedication to harnessing the potential of the Nigerian diaspora for the country’s economic development. This initiative is poised to transform the landscape of diaspora investments in Nigeria, providing a secure and efficient platform for Nigerians abroad to contribute to the nation’s growth.
