African Development Bank invests $10.9bn in Nigeria, with a current portfolio of $4.9bn.

African Development Bank (AfDB) has invested $10.9bn in Nigeria, with a current portfolio of $4.9bn supporting projects in public and private sectors. AfDB's Director-General of West Africa Region, Lamin Barrow, made the disclosure at an event celebrating the bank's 60th anniversary. Nigeria is the AfDB's largest shareholder, and the bank's investment spans various sectors, including energy and power, transport, water, and sanitation infrastructure.

July 23, 2024
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