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Finance & Markets

Nigeria Tycoon Sees $15 Billion Project Pipeline for West Africa

Nigerian tycoon Tony Elumelu is part of a team considering a $15 billion pipeline of investment projects across West Africa to help curb the region’s infrastructure deficit.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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Nigeria, South Africa, others face $209 billion funding gap for Black-owned businesses — Report

A new report by British International Investment (BII), the United Kingdom’s development finance institution, and Swedfund has identified an estimated $209 billion financing gap for Black-owned and…

  • Nigeria faces $131 billion gap, surpassing combined gaps in other four countries.
  • Black-owned businesses dominate small enterprises but struggle in capital-intensive industries.

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