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Tag "IFC"

NSIA, IFC unveil $500m investment to boost renewable energy in Nigeria

    NSIA, IFC unveil $500m investment to boost renewable energy in Nigeria

The Nigeria Sovereign Investment Authority (NSIA) has announced the launch of a $500 million renewables investment platform for limitless energy (RIPLE). In a statement on Sunday, NSIA said it also

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BUA secures $500m facility from IFC, AfDB to build new cement plants in Sokoto

    BUA secures $500m facility from IFC, AfDB to build new cement plants in Sokoto

The International Finance Corporation (IFC), a member of the World Bank Group, says it has invested $500 million in BUA Cement Plc.  The facility is the “largest-ever investment in northern

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Okonjo-Iweala: What COVID-19 taught us about job creation

    Okonjo-Iweala: What COVID-19 taught us about job creation

Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO), says the COVID-19 pandemic taught the world how important global value chains have become for job creation and inclusion.  Speaking at

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IFC: AfCFTA is becoming a lot of talk — we need to fix regulations

    IFC: AfCFTA is becoming a lot of talk — we need to fix regulations

Makthar Diop, the managing director of the International Finance Corporation (IFC), says the Africa Free Trade Continental Agreement (AfCFTA) is becoming a lot of talk, and may not become a

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COVID-19: IFC partners CEPI to boost vaccine production in African countries

  COVID-19: IFC partners CEPI to boost vaccine production in African countries

The International Finance Corporation (IFC) has partnered with the Coalition for Epidemic Preparedness Innovations (CEPI), a global alliance, to accelerate

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Report: Nigerian companies have improved gender equality — but more must be done

  Report: Nigerian companies have improved gender equality — but more must be done

Nigerian companies scored better than the global average in the participation of women in the workforce. A recent study by

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IFC: We’ll invest $2bn in African small businesses

  IFC: We’ll invest $2bn in African small businesses

The International Finance Corporation (IFC), a member of the World Bank Group, says it will invest $2 billion in African

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Post-COVID economic recovery: Looking the private sector way

  Post-COVID economic recovery: Looking the private sector way

BY: OLUSOLA OWONIKOKO The popular narrative during the 2020 lockdown was that the economic aftermath can be managed quickly and

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IFC, Google project Africa’s internet economy may reach $180bn by 2025

  IFC, Google project Africa’s internet economy may reach $180bn by 2025

A report by Google and the International Finance Corporation (IFC) has projected that Africa’s internet economy has the potential to

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Union Bank gets $40m IFC facility to boost trade finance in Nigeria 

  Union Bank gets $40m IFC facility to boost trade finance in Nigeria 

Union Bank says it has received a $40 million finance guarantee facility from the International Finance Corporation (IFC) to boost

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