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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Nigeria’s SWF to develop infrastructure platform with AFC

Posted on 26 June 2013

Developing infrastructure in sub-Saharan Africa is a capital intensive, intricate undertaking requiring investors with a technical capacity. Large pools of assets that are long-term oriented like sovereign funds and pensions can play a role in financing infrastructure. The Africa Finance Corporation (AFC), a multilateral institution, and the Nigeria Sovereign Investment Authority (NSIA) signed a Memorandum of Understanding (MoU) that details strategic collaboration on building an infrastructure investment platform.
To jumpstart critical infrastructure investment in Nigeria, both entities plan to support the financing, development and operational aspects of future infrastructure projects……………………………………….Full Article: Source


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