The Nigeria Sovereign Investment Authority (NSIA) has launched a $500m Renewables Investment Platform for Limitless Energy (RIPLE) as part of its commitment to boosting the nation’s power generation and supply on a sustainable basis in the years ahead, Specifically, the initiative aims at the development, investment, and operation of renewable energy projects across the entire […]
The Nigerian Exchange Limited (NGX) has announced its collaboration with the International Finance Corporation (IFC) on a research on gender-based violence and harassment in Nigerian workplaces. The NGX stated that study was being conducted as part of the Nigeria2Equal initiative, which aims to address Gender-Based Violence and Harassment (GBVH) in the private sector and provide […]
Airtel Africa Plc and the International Finance Corporation (IFC) have signed a $194 million credit facility as part of their collaborative initiative aimed at deepening Internet access in African countries. The deal indicated that the new financing facility aligns with its strategy to meet its commitments and improve its balance sheet through localizing debt within […]
International Finance Corporation (IFC), the private sector lending entity in the World Bank Group, has invested $10 million in FintechOS, as part of its support for the European startup’s low-code approach as a way to boost financial inclusion globally. According to news reports, the investment is part of the previously announced $60 million Series B […]
The International Finance Corporation (IFC), the private sector lending arm of the World Bank Group, today announced a new $1 billion debt financing for Indorama Eleme Fertilizer & Chemicals Limited, Nigeria. The fund is for the construction of a new fertilizer line that will expand the company’s capacity of urea fertilizer to more than 2.8 […]