The United States International Development Finance Corporation says it has invested $530m in Nigeria’s agriculture, financial institutions, critical infrastructure and health projects.
The Regional Director for Africa at DFC, Vibhuti Jain, made this known on Wednesday while speaking at a virtual conference on available US project financing opportunities for Nigerian companies organised by the American Business Council.
She said the development bank was increasing its focus on lower-income countries like Nigeria and had $29.5bn in total active commitments in countries where it operates. According to her, the bank plans to double this investment to reach $60bn…
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