Falcon Aerospace, operating under the VivaJets brand, has successfully closed a US$15 million credit facility arranged by TLG Capital with participation from Premium Trust Bank and Access Bank UK.
The financing, finalised in April 2026, will support the company’s strategic expansion across Francophone West Africa.
The facility will fund the establishment of a dedicated operations hub in Côte d’Ivoire, the development of in-country aviation maintenance and support infrastructure, and the expansion of corporate and executive air connectivity services in the region.
These investments are expected to enhance operational resilience, improve service reliability, and reduce dependence on offshore maintenance capabilities.
Strategic Objectives of the Financing
The US$15 million credit facility is structured to accelerate VivaJets’ regional growth ambitions through three primary pillars:
- Establishment of a Regional Operations Hub: in Côte d’Ivoire to improve geographic coverage and operational efficiency in Francophone West Africa.
- Development of Local Maintenance and Support Infrastructure: enabling faster turnaround times, reduced costs, and greater self-reliance rather than reliance on external facilities.
- Expansion of Corporate and Executive Air Connectivity: increasing service availability and reliability for business and high-net-worth clients across key markets.
This targeted deployment of capital is designed to strengthen VivaJets’ competitive position in a market with rising demand for reliable private and corporate aviation services.
TLG’s role in this transaction was to bring the full weight of our structuring expertise to bear from the moment the term sheet was agreed through to the final close of the facility. This required an in-depth understanding of the local banking environments in both Nigeria and Côte d’Ivoire, careful navigation of regulatory and administrative requirements across multiple jurisdictions, and the design of a financing architecture that positioned Premium Trust Bank and Access Bank UK as genuine institutional partners rather than passive participants. This is central to how we approach transactions, and it reflects the value we seek to add beyond capital alone. Our commitment to the region is long-term, and we view this transaction as part of a broader strategy to support scalable, well-structured growth across key aviation and infrastructure sectors
Isha Doshi, Partner at TLG Capital
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Expanded Implications for West African Aviation
The facility represents a significant milestone for VivaJets as it deepens its operational footprint and builds critical infrastructure in West Africa’s growing aviation market. By investing in local capabilities, the company aims to improve service standards, reduce logistical dependencies, and contribute to the professionalisation of the regional aviation sector.
The involvement of Premium Trust Bank and Access Bank UK as participating lenders also highlights increasing institutional appetite for structured financing in African aviation and infrastructure projects.
Future Outlook
VivaJets’ US$15 million credit facility, arranged by TLG Capital with participation from Premium Trust Bank and Access Bank UK, provides targeted capital to support the company’s strategic expansion in Francophone West Africa.
The funding will enable the establishment of a regional operations hub in Côte d’Ivoire, development of local maintenance infrastructure, and growth of corporate and executive air services.
This transaction strengthens VivaJets’ position in the region’s aviation market and demonstrates the value of structured, multi-jurisdictional financing in supporting scalable infrastructure and connectivity initiatives.
For the most current information on VivaJets’ operations or expansion plans, refer to official announcements from the company or TLG Capital.
TLG Capital Overview
TLG Capital is a London-based asset manager investing in SMEs across sub-Saharan Africa using structured credit and private debt.
TLG Capital reviews
The firm is known for investing in underserved markets and structuring bespoke debt solutions for African SMEs. It has completed 50+ deals across 20 African countries with development finance partners and banks.
TLG Capital AUM
TLG Capital manages roughly $300 million in assets under management (AUM) focused on impact and private credit investments across Africa.
Aum Thacker – TLG Capital
Aum Thacker is part of the investment team involved in structured financing deals, including aviation financing transactions for African companies.
TLG Capital team
The team includes partners, investment professionals, and regional leads across offices in London, Lagos, Accra, Johannesburg, and Kampala.
TLG Capital IFC
The firm partners with the International Finance Corporation on funds such as the Africa Growth Impact Fund II, with the IFC committing capital to support distressed African SMEs.
Falcon Aerospace Limited
TLG Capital backed Falcon Aerospace with a $15 million credit facility to expand corporate aviation and build a maintenance hub in West Africa.
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