West Africa Securities LLC
The Fund
14 Wall Street, Floor 20, Manhattan, NY 10005 — adjacent to the New York Stock Exchange
Strategic private equity investments in West Africa's upstream oil & gas sector, delivering institutional-grade returns through operational excellence.
Our Investments
A diversified portfolio of high-value assets spanning Nigeria's energy and agricultural sectors, prime New York City real estate, public equity positions, and structured mortgage finance.
OML 30 Nigeria
Our cornerstone asset in the Niger Delta — a high-yield upstream oil & gas concession that anchors our portfolio and represents 4.8% of the Van Eck Africa Index ETF Trust.
Niger Delta, Nigeria
Upstream Oil & Gas
4.8% of Van Eck Oil Services ETF
Producing
OML 30 is one of the most prolific oil mining leases in the Niger Delta basin, with proven reserves and established production infrastructure.
Institutional-Grade Returns
Our strategic position in OML 30 underpins a portfolio recognized by the Van Eck Oil Services ETF — validating our thesis on West African energy assets.
4.8%
Oil Services ETF
Upstream
Oil & Gas
Nigeria
Niger Delta Basin
Long-term
Value Creation
"4.8% of the Van Eck Oil Services ETF"
Our flagship OML 30 asset represents a significant weighting in one of the most prominent Africa-focused exchange-traded funds, reflecting the scale and quality of our operations.
U.S. Carbon Pricing Intelligence
Institutional-grade performance tracking across U.S. compliance carbon markets — powered by EcoTrade, our carbon credits information platform.
$39.70
California Carbon Allowance
+39.8%
12-month price appreciation
680M tons
Traded carbon credits
$19.10
Regional Greenhouse Gas Initiative
Carbon Allowance Price History
CCA vs. RGGI — 12-month spot price ($/ton)
- CCA
- RGGI
CCA Forward Price Curve
Projected settlement prices ($/ton)
Traded Volume by Quarter
Carbon credit volume (millions of tons)
- CCA
- RGGI
Explore EcoTrade
Access real-time carbon credit pricing, market analytics, and compliance market intelligence on our dedicated carbon credits information platform.
Conviction-Driven
Investing
West Africa Securities is a boutique private equity firm specializing in upstream energy assets across the West African sub-region. Our investment philosophy centres on acquiring and managing high-quality, cash-generative oil & gas concessions with significant upside potential.
Anchored by our flagship OML 30 concession in Nigeria, we deliver superior risk-adjusted returns to our limited partners while maintaining the highest standards of environmental stewardship and community engagement.
Governance
Rigorous compliance frameworks and transparent reporting standards that meet international institutional requirements.
Regional Expertise
Deep operational knowledge across West Africa's energy landscape, built over years of active management and local partnerships.
Value Creation
Disciplined capital allocation focused on maximizing asset value through operational improvements and strategic development.
Saint Jermaine Endeley
CEO & Chairman
Visionary Leadership in
African Energy Markets
Saint Jermaine Endeley is the Founder, CEO, and Chairman of West Africa Securities, a boutique private equity firm he established to unlock institutional-grade investment opportunities in West Africa's upstream energy sector.
With deep expertise in energy finance, asset structuring, and cross-border capital markets across the African continent, Mr. Endeley has led the firm's flagship acquisition and management of OML 30 in Nigeria's prolific Niger Delta basin — a position that has elevated West Africa Securities to a 4.8% weighting in the Van Eck Oil Services ETF.
His strategic vision combines rigorous financial discipline with an on-the-ground understanding of West African markets, enabling the firm to identify and develop high-value concessions that deliver superior returns for institutional partners and long-term value for host communities.
Widely recognized as the elder statesman of Nigeria, Mr. Endeley's global standing and decades of leadership have made West Africa Securities LLC — publicly known by its D/B/A and NYSE ticker XSME — a recognized name across international capital markets and the West African energy sector.
Nicholas Endeley
Chief Financial Officer and Custodian of Records
Financial Stewardship and
Corporate Governance
Nicholas Endeley serves as Chief Financial Officer of West Africa Securities, overseeing the firm's financial strategy, treasury management, and fiscal governance across its diversified portfolio of upstream energy, agricultural, and real estate assets.
In his capacity as Custodian of Records in lieu of Company Secretary, Mr. Endeley safeguards the firm's statutory registers, corporate filings, and compliance documentation — ensuring that West Africa Securities maintains rigorous institutional standards across its SMEDAN registration and Delaware incorporation.
His dual mandate aligns disciplined financial oversight with meticulous record-keeping, providing investors and stakeholders with the transparency, accountability, and governance infrastructure expected of an institutional-grade private equity firm.
Edward Cofie
Chief Operating Officer and General Counsel
Operational Leadership and
Legal Stewardship
Edward Cofie serves as Chief Operating Officer and General Counsel of West Africa Securities Management LLC, the managing arm of the firm responsible for overseeing day-to-day operations, asset management, and legal affairs across the broader West Africa Securities LLC portfolio.
In his COO capacity, Mr. Cofie directs the operational execution of the firm's upstream energy, agricultural, and real estate holdings — coordinating on-the-ground management of flagship assets including OML 30 and the Bayelsa Palm Estate while ensuring operational discipline across every portfolio company.
As General Counsel, he provides legal stewardship over the firm's corporate governance, contractual frameworks, and regulatory compliance — safeguarding the integrity of West Africa Securities Management LLC as it executes the firm's investment mandate on behalf of its limited partners.
