In what signals a major pivot towards non-oil economic diversification, the African Export-Import Bank (Afreximbank) has announced a sweeping $300 million export manufacturing project targeting four Nigerian states—Cross River, Imo, Enugu, and Kano. The initiative, which will be implemented through Arise Integrated Industrial Platform, one of the bank’s investee companies, is designed to lay the [...]The post Afreximbank Unveils $300m Industrial Drive in Nigeria, Eyes Shift from Oil-Dependency with Broader Non-Oil Export Strategy appeared first on Tekedia.
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