The financing was structured alongside Wema Bank, and will retire a legacy local‑currency facility used for aircraft acquisition and fleet growth.

Both TLG and VivaJets believe this to be the first internationally structured aviation financing for a Nigerian Air Operator, and funding will be applied to boost intra-African connectivity.

Tejumade Salami, chief operating officer of Falcon Aero, said:

“We spoke to many lenders; TLG solved it. Their structured-solutions mindset turned a complex funding puzzle into a single, bankable facility. In our industry, the ability to access long-tenor, USD-denominated capital is critical. With this facility, we have retired legacy obligations and can now focus fully on curating a seamless experience for our clients across the region. Our facility with TLG substantially reduces the amount of our revenue and cash flow that is spent on interest and debt service.”

Isha Doshi, Partner, TLG Capital, said:

“Africa’s growth story depends on connectivity. Falcon Aero is linking cities that global capital often overlooks, including tier-2 and tier-3 hubs where trade and opportunity are rising fastest. Aviation operators need long-duration capital at sensible rates. With our partners at Wema Bank and Falcon Aero, we are pleased to deliver a long-term financing solution that helps support highly skilled engineers, pilots, and workers in Nigeria’s aviation sector”

Also commenting, Oluwole Ajimisinmi, deputy managing director, Wema Bank said:

“This collaboration leverages TLG’s impact investment prowess and Wema Bank’s strong fiduciary capacity as a trusted Nigerian commercial bank, to provide the needed financial support for Falcon Aero, ultimately bridging the gap in financing for African businesses. This intelligent form of structuring is a credible example of how African financial institutions can crowd in private credit while maintaining strong risk discipline towards the goal of empowering African businesses with the funding they need to thrive and scale meaningfully”

Legal advisers to the transaction were Wigwe & Partners and Hannaford Turner for TLG Capital. The TLG Capital deal team comprised Ayoola Oladipupo and Aum Thacker.

From Falcon Aero, the transaction was led by Wuraola Adetiba, Kayode Adebiyi, and Seun Olajide.

Falcon Aero is a business aviation platform headquartered in Nigeria, established in 2022 to meet rising demand for charter services across Africa and beyond. Operating under a Nigerian Air Operator Certificate, the company has logged over 2,000 flight hours to date. Through its Nigerian and Canadian subsidiaries, Falcon Aero provides aircraft charter, acquisitions, and management solutions for African businesses, executives and high-net-worth individuals. Falcon Aero currently operates a fleet of aircraft, with two additional aircraft scheduled to join this year.

The post Nigeria’s Falcon Aero to Receive $10m in Aviation Credit Facility from TLG appeared first on Tech | Business | Economy.

With this appointment, Mr. Kouyo will join the leadership of the company as its operations become increasingly globalized.

An Ivorian based in France, Jean-Claude Kouyo had his education in France and the United States, and is fluent in both English and French.

The flight safety and flight support specialist will be driving the growth of business for Falcon Aero in the EMEA regions.

Falcon Aero is an aviation firm offering multiple customized services including aircraft charter and maintenance, acquisition, and fractional ownership.

The company operates largely through its subsidiaries comprising business aviation services firm, Vivajets, digital aircraft charter platform, Charterxe, and charter per seat booking platform, FlyPJX.

Whilst originating from Nigeria, Falcon Aero has made recent international inroads with operations in other African countries, Europe and the Middle-East whilst, setting up an office in North America.

“We are glad to have JC (Jean-Claude) on board as we step up our global operations,” said CEO, Erika Achum. “As a brilliant aviation expert and business strategist, his wealth of experience in the industry and insights gained from diverse international engagements will be valuable for our growth.”

Achum added that Kouyo’s appointment is in-line with the company’s commitment to long term business sustainability, diversity, and strong corporate governance.

Tejumade Salami, the company’s Chief Operating Officer, described Kouyo’s appointment as ‘another step in Falcon Aero’s quest to global dominance.’

“We are an African company proud of our heritage and our efforts at facilitating business connectivity in Africa. This is a principle that we are also taking to the global stage as we upscale our operations in Europe and the Middle East as well.”

Jean-Claude Kouyo has over 20 years’ experience in the aviation industry spanning diverse areas including flight training, sales, strategy and marketing.

Prior to his appointment at Falcon Aero, Kouyo worked was Regional Sales Manager- Africa, for Jetex Flight Support and was previously, International Marketing and Sales Manager, for AV8 MRO.

He holds a Bachelor of Sciences in Professional Aeronautics from the Embry-Riddle Aeronautical University, Daytona Beach, Florida, USA, and a B.E. in Propulsion from the Air Force Technical School, Rochefort, France.

“It is a true privilege to join the Falcon Aerospace group. I’m looking forward to bringing my contribution and experience to this talented team,” said Kouyo.

“The CEO M. Erika Achum has a great vision for the future of this successful company and I’m honored to part of this great vision of taking the business Aviation in the EMEA regions to the next level and identify our customer’s needs in order to come up with the best solutions to their business.”

The post Falcon Aero Appoints French-Based Kouyo as Director to Drive International Expansion appeared first on Tech | Business | Economy.