American assets manager Pecora Capital plans to establish a $2 billion fund which will solely be dedicated to infrastructure projects in Nigeria, Reuters reported on June 14, citing one of the firm’s official.

This is a rare show considering that Nigeria presently is hit by global oil price slump. The GDP of Nigeria which derives 70% of its revenues and around 90% of its foreign currency earnings from oil exports has slumped by 0.36% in Q1 2016, thus country’s worst performance since the mid-90s.

“As a long-term investor we see a time of crisis as an opportunity,” said Aaron Smith, Managing Director of Pecora Capital

“The fundamentals and demographics in Nigeria, in terms of population, in terms of infrastructure deficits, all offer huge opportunity and the availability of high returns,” he said highlighting that the new fund should make 25% profit in average a year over its 7 years lifespan.

Smith added that the fund, which will be based in the Cayman Islands, hopes to attract investors from US, Asia and Europe.