Case Studies

Real outcomes. Strategic value. Capital with impact.

A selection of engagements across our five service pillars. Client details are anonymised: our mandates are confidential, and the work speaks in structure and outcome rather than names.

References are available to serious counterparties on request.

Infrastructure & Logistics Corporate Finance

Acquisition Finance for a Regional Logistics Operator

The Challenge

A Namibian logistics operator had the opportunity to acquire a competitor's fleet and contracts but lacked the balance sheet to fund the purchase conventionally.

Our Approach

Ngobe Capital structured a layered package combining senior asset backed debt, a vendor loan, and a minority equity partner, supported by an investor grade model and full due diligence on the target's contract book.

The Outcome

The transaction closed with the client retaining majority control, and the combined business consolidated routes that materially improved fleet utilisation.

Layered funding across three capital sources
Majority control retained by the founding shareholders
Integration completed within the first operating year

Trade & Industrial Platforms Strategic Advisory

Succession and Shareholder Realignment for a Family Business

The Challenge

A second generation family business faced a founder transition with no succession plan, unresolved shareholder loans, and governance that would not withstand lender scrutiny.

Our Approach

We designed a phased succession structure: a restructured shareholding, a family charter, an independent board seat, and a management incentive plan aligned to a five year growth strategy.

The Outcome

The founder exited operational management on agreed terms, banking facilities were renewed on improved conditions, and the next generation took over with clear governance.

Ownership transition agreed across two generations
Banking facilities renewed on improved terms
Independent governance introduced for the first time

Real Estate & Housing Investment & Fund Management

Blended Finance Vehicle for Affordable Housing

The Challenge

A developer pipeline of affordable housing projects stalled because commercial debt alone could not reach viable pricing for the target market.

Our Approach

Ngobe Capital structured a blended vehicle combining concessional development capital, commercial senior debt, and sponsor equity, with an independent governance framework and impact reporting aligned to funder requirements.

The Outcome

The blended structure lowered the weighted cost of capital to a level that made the pipeline bankable, unlocking phased construction and long term institutional participation.

Concessional and commercial capital blended in one vehicle
Weighted cost of capital reduced to viable levels
Impact reporting framework adopted by all funders

Energy ESG & Sustainability

ESG Readiness for a DFI Funded Energy Project

The Challenge

An independent power producer's funding process stalled at the environmental and social due diligence stage, with lender conditions the sponsor was not equipped to evidence.

Our Approach

We built a proportionate ESG management system, closed the gaps flagged in due diligence, and established the monitoring and disclosure routines the lenders required as conditions precedent.

The Outcome

Due diligence conditions were discharged and the facility reached financial close, with the ESG framework now a standing part of the operator's governance.

All environmental and social conditions precedent discharged
Financial close achieved with DFI participation
Standing ESG governance embedded in operations

Financial Services Financial Engineering

Pension Backed Lending Framework for an Institutional Lender

The Challenge

A regional lender wanted to enter pension backed lending but lacked the credit framework, modelling, and collection architecture to satisfy its board and regulator.

Our Approach

Ngobe Capital designed the product's credit policy, built the pricing and portfolio stress models, and structured the collections and recovery framework, including system and process design.

The Outcome

The board approved the product on the strength of the framework, and the lender launched with documented models its risk team maintains internally.

Board and regulatory comfort achieved before launch
Pricing and stress models handed over and maintained internally
Collections architecture built for scale

Your mandate could be the next one here

Schedule a Consultation Explore Our Services