# Mainstreet Bank Capital Limited

> Mainstreet Bank Capital Limited is a VC fund in Lagos backing B2B, Music and Mining. See 2 investments, check sizes, portfolio. Updated Sep 2026.

- Type: VC Fund
- Location: Lagos, Nigeria
- Total investments: 2
- Last investment: Dec 2020
- Lead investor: 50%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/mainstreet-bank-capital-limited/
- Website: http://www.mainstreetcapltd.com

Mainstreet Bank Capital Limited is a VC fund in Lagos focused on B2B and Music. MBCL is a leading investment banking firm focused on providing financial advisory, capital raising and investment management services for private individuals, institutions, governments, and government agencies. The Company is licensed by the Nigerian Securities & Exchange Commission as an Issuing House and Fund/ Portfolio Manager.Overthe years we have concentrated our efforts on creating long-term value and building relationships with our clients. Our desire is to align our interests with those of our clients who we have served since our inception. The Company was incorporated as Afribank Capital Markets Ltd (ACML) on 22 December 2005 and commenced operations with an initial paid-up share capital of N5 billion to continue the investment banking activities of Afribank International Ltd (Merchant Bankers) following the latter’s merger with Afribank Nigeria PLC.However, following the nationalization of Afribank Nigeria PLC and subsequent change of name to Mainstreet Bank Limited, the name of the Company was again changed to Mainstreet Bank Capital Limited in December 2011. The Bank was sold to Skye Bank Plc in 2014, and by virtue of the its banking license, the Central Bank of Nigeria approved the divestment of its equity interest in MBCL to a group of investors who are seasoned players that have handled big-ticket capital raising, mergers & acquisitions and fixed income transactions in the capital markets to engender new strategies and expand the Company’s business scope. Since its inception, MBCL has been well known for its uniquely experienced team of professionals, in addition to its extensive market research which has positioned us to provide strategic investment banking services to enable our clients achieve their goals.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 50% |
| Music | 1 | 50% |
| Mining | 1 | 50% |
| Digital Media | 1 | 50% |
| TV Production | 1 | 50% |

10 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Post-IPO Debt | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Nigeria | 1 | 50% |
| United States | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Corsa Coal | Corsa Coal Corp is a company that supplies metallurgical coal, an essential ingredient in the production of steel. | $25M | Post-IPO Debt | Dec 22, 2020 | http://www.corsacoal.com/ |
| Stardom | Stardom Nigeria is the search for an accomplished trio of Vocalist, Songwriter and Music Producer who individually have absolute mastery of their craft and together, are an unstoppable force of creative energy | $1M | Seed | Aug 02, 2018 | https://x.com/Stardom_Nigeria |

2 of 2 investments shown.

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## FAQ

### What does Mainstreet Bank Capital Limited invest in?

Mainstreet Bank Capital Limited invests primarily in B2B, Music and Mining startups, most often at Seed and Post-IPO Debt stage. Most of the 2 investments tracked by Shizune back companies in Nigeria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Mainstreet Bank Capital Limited last invest?

The most recent investment recorded for Mainstreet Bank Capital Limited closed in Dec 2020. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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