Monday
September 26
2022

Islamic Bank, Africa Development Bank, Others Invest $618 Million in Nigeria’s I-DICE

The African Development Bank (AfDB), the Islamic Development Bank (IsDB), and the French Development Agency (FDA) are investing 618 million dollars in the Digital and Creative Enterprises Programme (I-DICE) in Nigeria.

President of the AfDB, Akinwumi Adesina, announced this at the Nigeria International Economic Partnership Forum on the sideline of the 77th United Nations General Assembly, New York.Mr Adesina said the programme would support the creation of 225 creative start-ups and 451 digital technologies small and medium-sized enterprises, or digital SMEs.

Photo courtesy of ICT4D.at.

Source: News Agency of Nigeria (link opens in a new window)

Categories
Finance, Investing, Technology
Tags
banking, business development, digitalization, financial inclusion, fintech, impact investing, partnerships, SMEs, technology