NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

NIGERIA RECEIVES €31m FROM GERMANY’S KfW DEVELOPMENT BANK

KfW development Bank supports Nigeria’s Infrastructure development with €31 million investment.

To help boost infrastructure development in Nigeria; the largest investment bank in Europe, KfW Development Bank have invested €31 million. Receiving the €31 million investment is Infrastructure Credit Guarantee Company Ltd (InfraCredit).  InfraCredit is a specialised infrastructure credit enhancement …

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KFW BANK WITHHOLD FUNDS FOR UGANDA’s NYAGAK POWER PROJECT

KFW BANK WITHHOLD FUNDS FOR UGANDA’s NYAGAK POWER PROJECT

German bank Kfw has withhold its funds for the construction of uganda’s nyagak power project due to incomplete financial closure from project developers.

The fund which is for the construction of the nyagak power project has been hold due to delay by the project developers. The money is in the …

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