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Union Bank of Nigeria has sponsored the 8th edition of the Fate Foundation Alumni Conference, which focused on expanding opportunities for small and medium enterprises in the country. The conference was titled ‘Strategically Positioning Your Business: Opportunities in the New Dispensation’. The well-attended event provided an exceptional opportunity for the bank to partner with Fate…
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The Executive Director, Gennex Technologies, Toyin Ilo, has stated that inadequate financing for solar development is still a factor mitigating the adoption and penetration of solar energy in Nigeria. Indeed, solar penetration in Nigeria is still relatively low, despite the country having about 60 per cent of the world’s best solar resources. Speaking at the…
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A French development finance institution (DFI), Proparco, said it has committed $1 billion across the critical sectors in Nigeria. Marking 15 years of operations in the country, Proparco has worked with local and pan-African financial institutions, investment funds managers, growth stage companies as well as start-ups in renewable energy, agribusiness and tech space, providing loans…
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The Federal Government has said it will work to ensure that the telecommunications sector sees 15 per cent yearly increase in investment flow into the industry. The Minister of Communications, Innovation and Digital Economy, Dr Bosun Tijani, made this known in his ministry’s draft strategic blueprint for the next four years. Recall that foreign direct…
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British International Investment (BII), the United Kingdom’s development finance institution (DFI) and impact investor has announced a $60 million trade finance facility for Access Bank Plc in Nigeria and five of its pan-African subsidiaries to boost import and export amongst local businesses and attract capital into the country.