Milestones The Key Milestones in the history of Aquila can be summarized as follows: 2004 Incorporated Aquila Capital Limited 2005 Obtained all licenses and commenced business 2006 Ernst and Young closed the 1 FY end with audited Balance Sheet of NGN 773 million 2007 AfricInvest became a shareholder, acquiring 23% stake in the Company Board restructuring with AfricInvest as a nominee 2008 Aquila Leasing incorporated and approved by the CBN as a subsidiary of Aquila Capital 2009 FMO approves a US$ 10 million loan facility for SME financeSeparation of business activities between Aquila Capital and Aquila Leasing 2010 BIO approves a US$ 5 million loan facility for SME financeCommenced operating lease business; Diamond Bank is first client 2011 OikoCredit approves a US$ 2 million loan facility for SMEs and Cooperative financing 2013 Capitalization of the company; poised for further growth and expansion responsibility and Symbiotic each approve US$ 5 million 2014 Received offers from BIO and Oiko Credit for repeat funding arrangements ofUS$5million and US$3million respectively 2015 Additional disbursements from Symbiotic and responsibility in the sums of $1.5million and $2.2million respectively 2017 Aquila Leasing Ltd signs a N3 billion contract with NBC for the supply of 105 Thirty- ton Sino trucks for haulage operations 2018 Aquila Leasing Limited deploys 120 vehicles for operations in Huawei 2019 Deployment of another 86 Thirty-Ton Sino trucks and 13 staff buses to NBC making the total contract valued at approximately N3.4 billion. 2020 Deployment of another 40 Thirty-Ton SINO trucks to NBC valued at N1.6 billion which brings the total contract valued at 5 billion.Signing of contract with MTN on the deployment of 596 vehicles valued at about N24 billion