World Bank
Economy Finance

World Bank Approves $1.57 Billion for Nigeria’s Education, Healthcare, and Climate Projects

In a significant step toward supporting Nigeria’s development goals, the World Bank has approved three major projects totaling $1.57 billion in financing. These projects, aimed at addressing critical issues in governance, healthcare, and climate resilience, underscore the World Bank’s commitment to improving human capital and infrastructure in Nigeria.  The financing, approved on September 26, 2024, […]

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Venture Capital

IFC launches $225M venture platform to back startups in Africa, Central Asia, Middle East

The International Finance Corporation (IFC) has launched a $225 million venture capital platform to back early-stage startups in Africa, Middle East, Central Asia and Pakistan. The fund, announced in a statement on Tuesday, will make equity and “equity-like” investments in tech startups to “grow them into scalable ventures that can attract mainstream equity and debt […]

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