AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

AFDB APPROVES INVESTMENT PACKAGE TO INFRACREDIT IN NIGERIA

InfraCredit aims to support up to $1.25 billion in infrastructure after approval from AFDB.

Africa development bank (AFDB) has approve US$15 million for investment package to infrastructure Credit Guarantee Company (InfraCredit). The fund will be use to help support infrastructure financing through the domestic debt capital markets in Nigeria.

InfraCredit …

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MOBILE MONEY IN UGANDA TO ATTRACT DEBT INVESTORS

MOBILE MONEY IN UGANDA TO ATTRACT DEBT INVESTORS

Uganda’s mobile money platform will help attract debt investors.

Uganda is planning to use mobile money platforms to sell government securities to its citizens. The government said the mobile money platform will help reduce the dependence on commercial banks and institutional investors for funding.

The Ugandan government also believes the …

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