Cedar Group
Our analysisis your financial result.
Cedar Group is a Nigerian financial services ecosystem of 13 years, with diversified interests across corporate finance, healthcare financing, principal investing, venture building, working capital and insurance brokerage.
Established
2012
13 years of compounding work in Nigeria.
- Type
- Financial services ecosystem
- Subsidiaries
- 7 operating businesses
- Sectors
- Health, finance, ventures
- Office
- Victoria Island, Lagos
Operating
Active across seven lines0+
Trusted clients
0+
Awards won
0+
Expert advisers
0+
Completed projects
Who we are
A financial services ecosystem built for the long term.
Our methodology rests on disciplined research. Our in-house teams have an ear to the ground in the markets we serve, and we draw on a network of partners around the world.
Insightful research
Decisions are anchored in disciplined research, with an in-house team and a network of partners on the ground.
Hands-on execution
We study our clients’ needs and prepare a solution strategy alongside them, then stay close through execution.
Long-term partnership
We hold the hands of our clients as they navigate the Nigerian market, ensuring they succeed within it.
Diversified platform
Seven operating subsidiaries give Cedar reach across capital markets, lending, principal investing, brokerage, venture building and technology.
Our group structure
Seven operating subsidiaries. One platform.
Each subsidiary is a specialist business. Together they cover capital markets, lending, principal investing, brokerage and venture building.
Group structure
Seven operating subsidiaries
Kerdos Corporate Advisers Limited
Investment Banking
- Visit
Cedar Operating Partners
Value Creation
- Visit
Kerdos Credit Capital
Finance & Lending
Rustforte Insurance Brokers Limited
Insurance Brokerage
Cedar Hive
Venture Building
Carna Health Investments Limited
Principal Investing
- Visit
Kerdos Analytics
Technology & Analytics
Kerdos Corporate Advisers Limited
Investment Banking
- Visit
Cedar Operating Partners
Value Creation
- Visit
Kerdos Credit Capital
Finance & Lending
Rustforte Insurance Brokers Limited
Insurance Brokerage
Cedar Hive
Venture Building
Carna Health Investments Limited
Principal Investing
- Visit
Kerdos Analytics
Technology & Analytics
Our services
Capability across the financial value chain.
What we offer across the group, drawing on the right subsidiary for each mandate.
Track record
A decade of disciplined mandates.
A selection of public transactions Cedar has advised on or led. Many other engagements remain confidential at our clients’ request.
Union Diagnostics & Clinical Services Plc
Debt Financing Adviser
St. Nicholas Hospital
Transaction Adviser
Great Nigeria Insurance Plc
Transaction Adviser — Delisting Transaction
Paelon Memorial Clinic
Transaction Adviser
Leadership
People who do the work.
Cedar is led by senior practitioners with operating, investing and advisory experience across the Nigerian market.

Afolabi Adetola
Managing Partner
Afolabi leads Cedar Group, with overall responsibility for the firm’s investment, advisory and operating activities.

Oluebube Anele
Investment Lead
Oluebube leads investment origination, execution and portfolio activities across Cedar’s principal investing platform.
Work with Cedar
Capital, capability, and partnership.
Tell us about your enquiry. A member of the Cedar Group team will get back to you within five business days.