As part of its commitment to economic growth in Africa, United Kingdom’s impact investor and development finance institution (DFI), CDC Group, has listed Nigeria as one of the beneficiaries of a planned $1 billion investment in Africa during the current year.
CDC provides the much needed counter cyclical funding to local businesses and communities, as FDI continues to drop and it is committed to impact investor and DFIs, supporting the sustainable, long-term growth of businesses in South Asia and Africa.
According to a report on its website, the group unveiled plans at the UK-Africa Investment Conference to expand its Africa portfolio with new investments in key markets including Nigeria, Egypt, Ethiopia, Kenya,and the continent’s harder-to-reach frontier markets where significant development gains can be made…
More details through:
News Archive from before July 2018