Browse Data
6 records · Showing 1–6
As DFI money dries up, AFC is doubling down on African VC with $100 million
For nearly two decades, Africa Finance Corporation (AFC) wrote cheques for bridges, ports, mines, and subsea cables. Now, the $19 billion Africa-focused develop...
Fuel subsidy savings insufficient for Nigeria’s annual infrastructure deficit – IMPI
By Joseph Erunke, Abuja The Independent Media and Policy Initiative, IMPI, is of the view that funds saved from the removal of fuel subsidy annually are not eno...
AFC enters African VC with $40 million backing for Future Africa, Lightrock
Africa Finance Corporation, the development bank with over $19 billion in total assets, has committed $40 million to Future Africa, an early-stage venture capit...
FG rolls out free healthcare for pensioners earning below N70,000
By Victor Ahiuma-Young The National Pension Commission, PenCom, has inaugurated a free healthcare initiative for retirees under the Contributory Pension Scheme...
Power sector: Biggest scam in Nigeria — Ajaero, NLC President
DESPITE decades of reforms, huge public spending, and the privatisation of Nigeria’s power sector, millions of citizens and businesses continue to grapple with...