Home Business NSIA, CDC AGREE TO STRENGTHEN LONG-TERM INCLUSIVE GROWTH

NSIA, CDC AGREE TO STRENGTHEN LONG-TERM INCLUSIVE GROWTH

NSIA, CDC AGREE TO STRENGTHEN LONG-TERM INCLUSIVE GROWTH

United Kingdom’s publicly-owned impact investor, CDC Group, has signed a memorandum of understanding MoU with the Nigeria Sovereign Investment NSIA, to facilitate long-term inclusive growth and encourage private capital.

The agreement includes information-sharing on prospective projects in Nigeria and Africa at large, with the ambition to co-invest in sectors such as healthcare, agriculture, infrastructure and climate-resilience.

 The partnership will foster collaboration on areas of knowledge sharing with an explicit objective of creating jobs and generating impact in Nigeria and across Africa.

This strengthened pact builds on the relationship the partners have developed since NSIA’s inception, have both invested in Africa-focused private equity funds managed by CardinalStone, Helios, and Sahel Capital.