https://bio.site/dapurtoto1

https://linkr.bio/dapurtogel

https://heylink.me/dapurtoto88/

https://bio.site/dapurto88

https://potofu.me/dapurtoto88

situs toto

toto togel 4d

situs togel

10 situs togel terpercaya

10 situs togel terpercaya

situs togel

situs toto

bandar togel online

10 situs togel terpercaya

toto togel

toto togel

situs togel

situs togel

situs togel

situs togel

bandar togel

situs togel

toto togel

bo togel terpercaya

situs togel

situs toto

situs togel

situs togel

toto togel

situs toto

situs togel

https://www.eksplorasilea.com/

https://ukinvestorshow.com

https://advisorfinancialservices.com

https://milky-holmes-unit.com

toto togel

situs togel

slot online

African Development Bank approves $15m investment fund for SMEs in Nigeria, others

2 Min Read

African Development Bank (AfDB) has earmarked a $15 million equity funds for Small and Medium-scale Enterprises in Anglophone West Africa including Nigeria, Ghana, Liberia, Sierra Leone and the Gambia.

The fund will be managed by Verod Capital Growth Fund, a private equity fund that will make investments in high growth middle market companies in the selected countries on behalf of the AfDB.

With the fund, AfDB intends to support companies in consumer driven sectors such as light industrials, fast moving consumer goods, education, financial services and agro processing. The ticket size for each investment will be between $ 5 million and $20 million.

Read also: Fani-Kayode: EFCC presents 115 cheques as exhibits in ex-minister’s N4.9bn fraud case

“The Fund will help accelerate investments in small and medium scale enterprises (SMEs) in the West African region. This is key to job and wealth creation, knowledge transfer and scaling up of local businesses,” said Abdu Mukhtar, the African Development Bank’s Director of Industrial and Trade Development.

“The Fund will provide an important vehicle to growing SMEs in Africa, which are a key pillar to the continent’s industrialization drive,” he added.

Verod Capital Partners, is an experienced indigenous private equity firm with extensive knowledge of the Anglophone West Africa market. It’s choice by the pan-African Bank may not be unconnected with its strong record of accomplishment in SME investments, which has seen it invested in 16 SME companies in the region.

Share this Article