IFC Invests in Lagos Free Zone to Support Industrial Growth and Economic Diversification in Nigeria
IFC has announced an equity investment of up to $50 million in Lagos Free Zone Company to support the development and expansion of Nigeria’s first deep-sea port-based, private special economic zone, the Lagos Free Zone. This investment is designed to address critical infrastructure gaps, attract local and global businesses, and contribute to Nigeria’s economic diversification agenda.
Photo courtesy of Scott Webb.
Source: IFC (link opens in a new window)
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