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The Bank of Industry (BOI), Nigeria’s foremost development finance institution, marked its 65th anniversary with the announcement of groundbreaking milestones, including mobilizing over $5 billion from international capital markets. This feat solidifies BOI’s role as a critical driver of industrialization, economic development, and MSME empowerment in Nigeria. BOI’s Commitment to Nigeria’s Economic Transformation Speaking at the anniversary media […]

As Nigeria grapples with economic challenges, institutions like the Bank of Industry (BOI) play a critical role in providing funding for the private sector and fostering development. Development finance institutions (DFIs) are tasked with bridging these gaps through direct loans, on-lending, equity investments, and other mechanisms that encourage investment. Over the past year, Dr Olasupo

It is the desire of most investors to maximize return on investment especially at times when the dynamics in the business operating environment are changing at the tick of the chronometer per minute.  It is, however time for financial institutions to broaden their perspective and consider more than just profits, capital gains, and industry growth

The African Development Bank is set to host its second Transport Forum to address the continent’s critical infrastructure and logistics challenges. Scheduled to begin today, 18 September, and run for three days in Abidjan, Côte d’Ivoire, the forum will rally key stakeholders from across the continent for a transformative conversation under the theme “Africa on

Midrand, 19 September 2024 – The fifth Finance in Common (FiCS) annual summit will take place on Feb. 26-28, 2025, co-hosted by the Development Bank of Southern Africa (DBSA) and the Asian Infrastructure Investment Bank (AIIB) in Cape Town, Republic of South Africa, with the support of AFD (Agence Française de Développement). Aligning with South Africa’s upcoming role as Chair of the G20 in

Uganda Development Bank Ltd (UDB), the country’s national Development Finance Institution and the Best Bank in East Africa 2024, has today announced its 2023 annual performance, highlighting its continued pivotal role in fostering economic resilience and sustainable growth across key sectors of the economy. UDB’s net loans expanded to UGX1.47 trillion in 2023, reflecting robust