Afreximbank and Anambra State government have signed two mandates aimed at raising funds to facilitate development projects in the state.
The state governor, Chukwuma Soludo, Mr Christian Udechukwu, Commissioner for Industry, Mr. Mark Okoye, CEO of Anambra State Investment Promotion and Protection Agency (ANSIPPA), and Afreximbank President Benedict Oramah jointly endorsed these transformative deals, charting a course for the future of Anambra State.
The signing ceremony took place on the sidelines of the ongoing #IATF2023 in Cairo, Egypt. #Afreximbank.
The first initiative entails the provision of capital raise financial advisory services, amounting to an estimated USD 200 million. This funding is dedicated to crucial projects, including the development of the Ikenga Mixed-Use Industrial City Project, investments in the Anambra Export Emporium, and the establishment of the Akwa ihedi Unubi Uga Automotive Industrial Park.
The second initiative focuses on the creation of the Operational and Governance Framework for the Anambra Diaspora Fund, aiming to leverage the resources and expertise of the diaspora community for the state’s benefit.
Furthermore, the mandate encompasses capital-raising financial advisory services for key projects such as the Anambra Intra-City Rail Master Plan Project. These initiatives underscore Afreximbank’s unwavering commitment to inclusive growth and sustainable development.
Davido has released the music video for his hit song "Kante," featuring singer-songwriter Fave. The… Read More
Nigerian government has described as "false", the allegations made by cryptocurrency exchange platform, Binance, that… Read More
The military is saddled with the responsibility of safeguarding a country's territorial borders and it's… Read More
Nigerians have expressed dissatisfaction with the new cybersecurity levy imposed by the Central Bank of… Read More
The number of students in most Nigerian universities engaging in businesses has been rising in recent times. This… Read More
Nigerian superstar Simi has spoken up about the inspiration behind the controversial title of her… Read More
This website uses cookies.