The British CDC Group recently announced a long-term investment of $75 million in Nigeria’s Stanbic IBTC Bank.

The resource will enable the Nigerian bank to increase lending to the food, agriculture, manufacturing, and telecommunications sectors. Targeted businesses will be able to access the capital needed to strengthen their cash flow and support their operations.

For more information, please see https://www.ecofinagency.com/finance/0511-42026-british-cdc-group-invests-75mln-in-nigerian-stanbic-ibtc-bank