IFC to Explore Private Investments in Nigeria’s Livestock, Energy and Housing Sectors
The International Finance Corporation has told President Bola Tinubu it will immediately send a mission to Nigeria. It aims to design scalable investment structures to unlock private capital in livestock, energy and housing. The IFC’s managing director announced the move during the 13th Africa CEO Summit in Kigali. He led a delegation including senior regional and country directors to discuss collaboration modalities. He praised the removal of the fuel subsidy and the harmonisation of the exchange rate under Tinubu’s reforms. He said these bold steps send a strong signal to global investors about Nigeria’s commitment to transformation. President Tinubu welcomed private capital for institutional development. He urged African pension funds and leaders to mobilise local currency financing, swap arrangements and regional energy interconnection to support infrastructure and economic growth.
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