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Nigeria: African Development Bank disburses USD 170 million in support of Nigerian digital technology start-ups

Description

On 16 December 2021, the African Development Bank (AfDB) announced the provision of a USD 170 million loan to support Nigerian tech start-ups and SMEs. The funds will be channelled through the newly e...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Dec 2021

Revocation date

No revocation date

Implementation level

IFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

SMEs

Affected Trading Partners

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Affected Products

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